Disney has long been considered one of the best stocks in the market. Posting astronomical gains from conception, it's one of the first choices among long term investors. However, like most stocks around the world, it has taken a bit of a roller coaster ride throughout 2015. Nonetheless, the stock is headed back in the positive direction. Today, we'll talk about why we're seeing such positivity surrounding Disney, whether or not gains are likely to continue and how binary options traders can take advantage of the trends.
Why Disney Is Headed Up
In yesterday's trading session, we saw strong gains from Disney, and those gains are likely to continue through today's trading session. There are a couple of reasons for the positive activity we're seeing on the stock at the moment…
Disney Enters An Agreement With Alibaba – Yesterday, it was announced that Disney has signed a licensing agreement with Alibaba. Under the agreement, a new service will be launched in China, known as DisneyLife. For $125 per year, consumers who subscribe to DisneyLife will have access to a large collection of Disney movies, animated series, games, e-books, music, travel services and them park information. This is likely to be a major hit among Chinese consumers, leading to solid gains for both Alibaba and Disney.
Star Wars – There is no denying that Disney's Star Wars franchise is astonishingly huge. However, the franchise is growing yet again. On Thursday evening, the newest movie in the franchise, Star Wars: The Force Awakens will open on a nation-wide scale. It is estimated that the movie will generate $223 million in revenue this weekend alone. Obviously, this is a cause for excitement among investors.
Are Gains Likely To Continue For Disney
When it comes to Disney, I have an overwhelmingly bullish expectation of what we can expect to see from the stock moving forward. Over the years, Disney has made its way into the hearts of consumers around the world, capturing imaginations every step of the way. Through this time, one thing has become abundantly clear, Disney's talents are not one-shot deals. Quarter after quarter, year after year, the company has found a way to produce more and more revenue. Now, with the new deal in place with Alibaba, they are poised to do it once again. Not to mention, the launch of the new movie in the Star Wars franchise. With regard to this movie, Disney is poised to break every box office record in history! This is a feat that cannot be taken lightly. With all of this said, I'm expecting to see a continuation of gains in both the short and long term outlook surrounding this stock.
How Binary Options Traders Can Take Advantage Of The Trends
As binary options traders, it's our job to predict what's likely to happen in the market moving forward. Considering the news surrounding Disney, that job becomes relatively simple. First and foremost, the deal with Alibaba is likely to continue sending the stock in the upward direction. Also, we should see a spike of bullish activity on the stock on Thursday and Friday with regard to the release of the newest movie in the Star Wars franchise. So, when it comes to Disney, binary options traders should be watching for strong call option opportunities, which will allow them to follow the trends up to the profits! Make sure to check our world financial news.
What Do You Think?
Where do you think Disney is headed and why? Let us know your opinion in the comments below!
[Image Courtesy of Wikipedia]