Last week I wrote an article stating that the best time to buy on a dip is when the Relative Strength Indicator (RSI) generates a buy signal. So far, the S&P 500 still needs to decline a bit more before an RSI buy signal is even possible.
I wouldn’t be a buyer of anything until the [...]
According to various reports, Netflix has signed an agreement with Comcast for paid peering. Of course, this is hardly the only paid peering deal out there and on many levels this is barely news....(read more)
Netflix (NASDAQ: NFLX) is the world's largest video and television episode rental subscription service, having pioneered the model and charging customers a flat monthly fee for unlimited rentals without due dates, late fees, shipping fees or pay-per-view fees. Their 50 regional shipping centers across the United States help almost 95% of their customers receive their DVDs within a day of shipping, while their rating system gives customers recommendations based on their rental history. In fiscal year 2010, Netflix recorded revenues of $2.1 billion and net income of $161 million.
As of late, Netflix has focused on expanding its content base and international expansion. Netflix obtains content from studios, distributors and other suppliers because a lot of these license agreements give Netflix exclusive rights to a collection of titles. In 2010 it gained exclusive rights to stream Relativity Media movies and formed a five-year streaming deal with pay-TV network Epix.