I have never been a Netflix believer. It's is a good company but nowhere near the valuations it is having. Simply put it was an aggregator and which tried to become a content creator. I think it lost its focus and hence sight of its competitive advantage.
It's all about fundamentals for long term trades. Recessions come and go and we just need to ride through it when it comes. Such is the economic cycle.
Survive a Recession by Capitalizing on This Rare Emerging Market Phenomenon
Ever since the Treasury yield curve inverted a few weeks back, everyone’s talking about a recession.