Today was a slow day in the market, with modest fades across the board in most names. The big question for the market is whether the breakout on the SPY above 217.50 will hold. It is important to look to market leaders for clues. I tend to look to ‘FANG’ (Facebook, Amazon, Netflix, and Google) and the banks for clues. While all closed off their morning lows I think there is a bigger picture that we need to be aware of in order to navigate the markets in the coming weeks.
Tag Archives: nflx
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Daily Recap: Analyzing AAPL, NFLX, TSLA, SPY Trades
Daily Recap & Outlook: Analyzing SPY Going Forward
Looking back at today there were not many notable moves. Throughout the week, the best trade was selling premium as most stocks consolidated at record levels. This was no different today as all of big cap tech fell modestly on the day. In the recap I will go over some of my trades I have on as well as an outlook for tomorrow and how to position into next week.
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Morning Charts – $NFLX $FB $GOOGL and more
Daily Recap: Analyzing AAPL, AMZN, NFLX, SPY
Today was for the most part an uneventful day, there were no big movers to mention. However, in times like this there is still money to be made. Being able to take advantage of slow days is key for traders as you can many times bring in income to help fund other trades. In the recap I will go over AAPL, NFLX, AMZN, and what levels I will be watching on the SPY for direction.
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