Futures are Red
$Disney (DIS.US)$ same thing, ppl are using the Omicron fears plus the incoming rate hikes plus inflation fears to sell the markets down. I see futures for disney also at 145+ earlier on. But some recovery and now 147+. I won't be too worried as i know it will be a dash to buy stock in year 2022 and among the favourite picks. It is cheap, it went down a lot this year, and most importantly, company is making a lot of investment to turn around its business aggressively, especially in disney plus and other areas including the amusement parks. At price of 140+, the direction is clear. Max you go down another 10 percent? But to go up, the possibility of 20% or more attracts more buyers than sellers. I am going for the long haul on this counter till I see 170 back, only i will consider taking some profits.
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