| | | | Hey y’all,
Wanted to start the week off with a potential (and I do emphasize potential) trade I’m taking a look at before today’s close.
But before I do that, let me just say this…
Pretty much across the board, our experts at ProsperityPub agree that “trading the news” is bad, little better than speculation.
You have semi exceptions, like Lance Ippolito and his incredible “News Flow Scanner.” But even there, he’s not really trading the “news” so much as he’s trading off the massive reactions Wall Street investors make.
And beyond that, almost everybody on our team would tell you that basing a trade purely on speculation is a bad idea.
Which is the main reason I’m not already in a trade on TKO.
Because I’m waiting to see any sort of confirmation that it’s a good trade besides the narrative I’m about to tell you, and right now, the call of the price and the stock is dropping like a fly.
However, I’m still keeping an eye on it and here’s why:
TKO is the parent company of UFC and WWE.
Tonight, WWE’s flagship weekly show, RAW, makes its jump to Netflix to kick off a $5 billion agreement they made to carry the show for 10 years.
To say that they’ve pulled out the stops to make this a deal on both sides is an understatement.
You can hardly turn on Netflix without an advertisement for the debut, and last night, they flew a drone show over the streets of Los Angeles to hype the event in the Intuit Dome: |
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