Description

Interest rates down. Money market from 5.3% to 4.7% 

Get in now or wait? 

CAPE Ratio still high at 35. 

Mutual Funds! High Fees!

Beating the market

Inflation Milton Friedman on inflation

Netflix

Stock all time high around $730. 

Up 49% YTD, compared to S&P500 at 23%

Piper Sandler analyst Matt Farrell said Netflix "is a clear leader in streaming," according to The Fly. He upgraded the company to overweight from neutral and boosted his price target to $800 from $650. 

• TD Cowen analyst John Blackledge raised the firm's price target on Netflix to $820 from $775 while maintaining a buy rating on the shares.
• Netflix (NFLX) is expected to benefit from a long runway for revenue growth and a deepening competitive moat, Morgan Stanley said in a report Thursday.

The report also pointed to above consensus expectations for operating leverage and EPS.

"Our analysis of Netflix new 1H24 engagement report reinforces our bullish view," Morgan Stanley said, adding that the latest engagement report is backing the "Netflix content advantage," referring to its original programming, international content, and the value of its content library.

Following "peak TV" and recent strikes, Hollywood's new normal favors Netflix, with reduced competition for content and media studios open to licensing again, the report said. It said the ad-tier introduction would also help raise revenue.

Morgan Stanley raised its price target for the stock to $820 from $780 while reiterating its overweight rating.

Apple

At $228 vs high of $234. 

• Downgraded by Jeffries.
• Is Apple Intelligence a thing?
• Iphone is 50% of sales
• Is Iphone 16 enough?

Me thesis:

• Entire family uses. 
• Customer service is insanely good!! 
• All photos there. 
• Ear buds. 

Amazon

• $187, was around $200. 
• Not sure how you bet against Amazon. In 2023, Amazon was the third largest digital ad publisher in the United States, behind Google and Facebook. Amazon's global ad revenue reached $49 billion in 2023, which is nearly triple its 2019 result.
• Fabric of life. 
• Everyday we get a package. 
• First place I go to search/buy. 
• Free returns. Easy. 

Microsoft

• To buy 3-mile island. 

Newsom bans voter id requirements. 

Elon Musk on Tucker

• 23.30 on is Epstein list discussion. 
  • Videos. Diddy and Epstein. 
• 28.00 - How will they let X continue? Lawfare!!  Illegal to discriminate asslym seekers, but can’t hire as SpaceX. Point is DOJ is weaponized. 

Cuban on All In Podcast. 

Monsters on Netflix

Slow Horses (called it White Horses before)

Wife watching “Troy: Fall of a City”