Tuesday Market Video - $FB $GOOGL $AMZN $TLT $XLE and more
Tag Archives: nflx
Some Wednesday Ideas
Yesterdays early weakness morphed into afternoon strength. When have we seen this before? Buy the dip, rope a dope, whatever you want to call it, these morning pull backs have been great buying opportunities.
Yesterday morning $GOOGL was red. It was lower. The stock was hanging around 795-796. It had been weeks of stagnant action for Google.
Boring Breakouts
After nearly 1.5 months of dull summer market action, we now enter September bored and expecting more of the same. At least that is what the option market is expecting. One thing we know about this market, it has a habit of doing exactly the opposite of what the majority is expecting. More boring trading action in September you say?...... I beg to differ.
Trades For This Week
Watch Netflix $NFLX
Netflix, like much of the market, has been trading in a narrow, confined range most of this month. Volatility for the stock is the lowest it's been in years. As we head into the end of the Month and start of September I am looking to trade $NFLX for a sharp break out of the recent mundane action.