NFLX is in a shorter-term downtrend following rejection at the 200-day moving average; no bullish technical signal.

Moving on to Netflix started the week at 76. Momentum still a little bit in Netflix shares. Shares were up almost 2% the finished week over $77 per share.

The company aired a Thursday night football game last night. I believe it was on Netflix. I was looking around for the game. I couldn't find it. But many believe that the NFL's next media right deal would look a lot different.

I agree. Set to end in 29 2030. Although they tend to negotiate these things maybe a year or two prior to that. You're going to have all the big tech companies including Google, maybe even Apple, obviously Amazon, Netflix trying to vive for that.

But the NFL likes to spread these out among many networks including the more traditional ones.

Netflix made a nice move off its lows, got rejected close to its 200 day moving average and then simply has pulled back. Not much to see here. You're still in a shorter term downtrend.