At the top of Tuesday night's " Mad Money" program, Jim Cramer reminded viewers that it is still possible that we've not seen the bottom of this economic drop and millions more layoffs are still ahead. In this daily bar chart of NFLX, below, we can see that prices have been in a rally phase much longer than Covid-19 has been keeping us indoors. Prices did decline during the February to March broad market sell-off, but they quickly recovered and were making new highs in April. Read More...
Netflix Might Show Some Static Before Displaying Gains
At the top of Tuesday night’s ” Mad Money” program, Jim Cramer reminded viewers that it is still possible that we’ve not seen the bottom of this economic drop and millions more layoffs are still ahead. In this daily bar chart of NFLX, below, we can see that prices have been in a rally phase much longer than Covid-19 has been keeping us indoors. Prices did decline during the February to March broad market sell-off, but they quickly recovered and were making new highs in April.
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