There are several market indicators to follow to determine the valuation of a particular stock. We can look at charts and figures, compare historically, and assess the situation. But there are times when nothing really makes sense. Typically, this is called a bubble. When everything is overvalued and you’re not allowed to talk about without being ridiculed. But here we are anyway.
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NASDAQ:NFLX: 177.30 0.29 (0.16%) - Netflix, Inc.
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Those which are overvalued will fall first. Everything reverts to the mean. It's simply a matter of time. The higher up it goes, the faster and harder it falls.
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Netflix is a service that most people would drop if they have to pinch pennies. I know it is on my list to cut if I need to save money.
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Good point. Its a "nice to have" but not a need.
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