Netflix Golden Globes Nominations
Golden Globes 2022
The winners of the 79th Annual Golden Globe Awards will be presented on January 9, 2022, but it is yet unclear if there will be a ceremony and if it will be aired/livestreamed.
The Hollywood Foreign Press Association (HFPA), which runs the awards, has been criticized for lack of diversity and NBC had announced that it will not be broadcasting the 2022 ceremony. [1]
HFPA released the nominations for the 79th Golden Globe Awards on Monday, commenting that it has "completely overhauled its bylaws, implementing sweeping changes from top to bottom that address ethics and code of conduct, diversity, equity and inclusion, governance, membership, and more." [2]
Netflix Nominations
The streaming giant dominated the film categories as it received 17 nominations, with "The Power of the Dog" contributing seven of them and tying with "Belfast" in the first place, while the star-studded "Don't Look Up" provided four.
In the TV Series front, Netflix did not do so well, since its 10 nominations gave it the second place, behind HBO/HBO Max's 15 recommendations.
HBO/HBO Max's "Succession" was the top scoring show with 5 nomination's, while Netflix's top performers "Squid Game" and "Maid" clinched 3 nominations each.
Rival Disney+, only got two nomination on the television front, both for the Marvel-based Wandavision.
NFLX.us Analysis
NFLX.us had risen to record highs in mid-November, but after that it dropped and closed with losses, ending its three-month profitable streak.
During December, the stock extends its decline, covering nearly half of the rise from the year's lows to the record highs.
Past Performance: Past Performance is not an indicator of future results.
The current week has started on the back foot and near term bias is tilted to the downside. NFLX.us is vulnerable to the 200Day's EMA and the broader 575.00-563.54 region, while a break lower could open the door towards its summer lows (504.39).
Despite recent weakness, late-session support yesterday, is a reason for optimism and the stock can push towards 624.00-632.95 and last week's highs, but 676.96 seems distant at this stage.
Nikos Tzabouras
Senior Market Specialist
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. He has a long time presence at FXCM, as he joined the company in 2011. He has served from multiple positions, but specializes in financial market analysis and commentary.
With his educational background in international relations, he emphasizes not only on Technical Analysis but also in Fundamental Analysis and Geopolitics – which have been having increasing impact on financial markets. He has longtime experience in market analysis and as a host of educational trading courses via online and in-person sessions and conferences.
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