Walt Disney earnings are due after today’s close and investors will be watching for news of how their Disney+ subscription service has been doing. Has Disney+ managed to eat into Netflix and Amazon Prime’s margins? Disney already has more subscribers than Netflix as it surpassed Netflix’s 220 million subscribers 3 months ago. Will it now extend that lead?

Disney has recently announced a multi-year extension of its F1 broadcast partnership where F1 races will continue to be shown on ESPN network in the US through the 2025 season. So, can Disney shares announce a few surprises today after the close?

Disney seasonals are pretty strong into year-end. Over the last 15 years, between November 20 and December 30, Disney share prices have risen 12 times and only lost value 3 times. The average return has been 6.58%. Will Disney earnings provide a catalyst for a move higher into year-end despite global slowdown worries?

Major Trade Risks: The main risk here is that stocks keep tracking lower if the Federal Reserve keeps on its aggressive rate hiking policy in order to curb excessive US inflation.

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