January 22, 2022, Which would you rather?

• Posted by Greg Harmon
• on January 22nd, 2022

This starts the beginning of a new series, Which would you rather?, where you are asked to choose between 2 charts that have been disguised to prevent you from knowing the tickers. I will let them run for some period of time and then disclose the tickers and my perspective on the decision.

Today’s question: Which would you rather be short going into Monday January 24th?

Update 1/24/21 9:40 am: Chart A is Netflix, $NFLX, and B is Peloton, $PTON. My thinking is that I would rather be short Peloton because it is in a downtrend, and has momentum indicators in bearish territory. Netflix may well go lower (it is at the open) but has a large gap down and has momentum indicators that are deep into oversold territory.

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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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