May 16, 2019

Mickey Mouse Bounce

A name closely watched lately has been Disney. I have been playing the name over the last couple of months to a small degree of success. I have high hopes for the upside in the near and long term. While they basically burned a massive pile of cash in acquiring the ABC network at a massive premium. Same could be said for their recent acquisition of Fox. They also acquired the Hulu stake from Comcast and that is why you should be very bullish on Disney’s future. Streaming will be everything going forward. We are currently seeing the death of radio and we are slowly seeing the death of television. Now neither will go away and become extinct anytime soon. But we are seeing ad revenue drop sharply for both tv and radio. We are seeing a huge increase in ad revenue for online content. From Facebook to Twitter to Google, these companies are dominating the ad space. So people are focusing less on live television and radio, and more time on smartphones and tablets. DIS has positioned themselves to take full advantage of this transition. On top of their brand power, they also are a huge media conglomerate now. This is where they can’t take their next big leap. It will be in streaming. That is the future. I love DIS for the near and long term. Keep a close eye on this name.

Follow me on Twitter: @DiscipleOfTrend

 

about the author:

Charles Moon

Charles Moon is a technical "whiz kid" whose experience lies in scalp/swing trading. A patient educator, Charles excels at coaching/mentoring and can make complex concepts simple. Prior to joining the ranks of Prosper Trading Academy, Charles was a proprietary equities trader with Great Point Capital LLC. Coming from a retail trading background, his experience can help those with no experience trading to seasoned veterans.

Read Similar Articles

March 28, 2024

Wait! There Is An Options Greek Called Rho?

Out of all the Greeks in options trading, Rho is capable of providing uniquely critical insights that others cannot offer. Rho measures an option contract’s susceptibility to changing interest rates. We’ll explain how Rho by defining its specific functions, how interest rates impact options trading, and cover some pertinent scenarios. What is Rho in Options […]

Read Article
March 25, 2024

You Have A Lot Of Options Out There

There are a number of different types of options expiration types.  In the vast majority of our signals, our options will be categorized as “American”-style options.  There are some, like VIX options, that are “European”-style options.  Here’s a quick explanation of both. The term “American style” in relation to options has nothing to do with […]

Read Article
January 4, 2024

Funder Trading Review – Best Prop Trading Firm in 2024?

If you are actively trading in the stock market in 2024, chances are you’ve heard a new buzzword flying around: Prop Trading, short for Proprietary Trading. Whether you’ve tried prop trading or not – or have even heard of it at all – its popularity is quickly growing because it provides everyday traders with a […]

Read Article

Read Similar Articles

May 8, 2024

What Is Delta In Options Trading?

Understanding the Delta of an option is crucial for both new and seasoned traders. It’s one of five specific calculations called “Greeks,” which help measure specific factors that could influence the price of an options contract. Delta is a metric that helps you gauge how much the value of an option contract is expected to […]

Read Article
March 28, 2024

Wait! There Is An Options Greek Called Rho?

Out of all the Greeks in options trading, Rho is capable of providing uniquely critical insights that others cannot offer. Rho measures an option contract’s susceptibility to changing interest rates. We’ll explain how Rho by defining its specific functions, how interest rates impact options trading, and cover some pertinent scenarios. What is Rho in Options […]

Read Article
March 25, 2024

You Have A Lot Of Options Out There

There are a number of different types of options expiration types.  In the vast majority of our signals, our options will be categorized as “American”-style options.  There are some, like VIX options, that are “European”-style options.  Here’s a quick explanation of both. The term “American style” in relation to options has nothing to do with […]

Read Article