What’s up guys! Welcome back to the Stocks With Mike & Tom Show! In this episode, we go over how Peloton stock is crashing and how Netflix stock is doing after earnings. The market tanked off again today. The past few weeks have not been good. The overall market is starting to seriously sell off. Peloton stock got destroyed today as they are halting production of their bikes and treadmills for two months as their fundamentals are getting pretty bad. They are trying to cut costs any way they can as demand is shrinking. We use our new Dashboard to check out some of their numbers, definitely check that out!! Netflix reported terrible earnings today. The numbers weren’t terrible but their outlook and subscriber additions weren’t the best. Earnings have not been going the way a lot had hoped, and the overall market is feeling the pressure. Fundamentals are going to be key in this kind of market, especially for longer-term pick-ups!! Thank you so much for watching today, if you enjoyed the video or learned something, hit that subscribe button!! It would really help us out and only takes like 3 seconds!!

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DISCLAIMER: We are not financial advisors. We are just giving our opinions. Everything said in this video is for entertainment purposes only. Do your own due diligence before making any trading or investing decisions.

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