$dis positive and negative points .... you take ?

$dis Challenges and Considerations:

Net Loss: Disney recorded a rare net loss due to charges related to pulling content. This indicates short-term challenges and potential financial impacts.

Disney+ Subscribers Decline: The decline in Disney+ subscribers due to the loss of Indian Premier League cricket matches could impact the company's streaming revenue.

PE Ratio: The relatively high PE ratio of 39.36 suggests that the stock might be overvalued. While this is just one metric, it indicates that investors are paying a premium for Disney's earnings.

Stock Performance:

Price Performance: Disney's current stock price is $89.37, and it has returned -4.62% in the last 12 months. 

Long-Term Outlook:

Business Restructuring: Despite near-term challenges, Disney's efforts to restructure, reduce costs, and improve its direct-to-consumer business indicate a commitment to adapt to changing market conditions.

In conclusion, the information provided suggests a mixed picture for Disney's stock direction. While there are challenges, such as the net loss and subscriber decline, the company's efforts to address these issues and its long-term optimism about core business segments and streaming are positive indicators. The decision to invest in Disney would depend on a careful assessment of its long-term strategies, the effectiveness of its cost reduction and restructuring efforts, and broader market trends. As with any investment, it's important to conduct thorough research and consider multiple factors before making a decision. 

I will consider the SPY direction before taking a position in $dis.