Current Long Positions: Netflix (NFLX) Nov 160 Calls Current Short Positions: None
Current Long Positions: Netflix (NFLX) Nov 160 Calls Current Short Positions: None
Current Long Positions: Netflix (NFLX) Nov 160 Calls Current Short Positions: None
Current Long Positions: Netflix (NFLX) Nov 160 Calls Current Short Positions: None
Current Long Positions: Netflix (NFLX) Nov 160 Calls Current Short Positions: None
Netflix (NFLX) has my attention this morning – using Fibonacci support/retracement levels, dating back to the beginning of the rally back in July ’07, with it peaking four years later in July ’11, you’ll see that it has pulled back PERFECTLY to the 61.8% retracement level at $126 and has bounced. In fact, yesterday, when the market was
Current Long Positions (stop-losses in parentheses): QCOM Oct 60 Calls, AAPL Sept 420 Calls, SPY Sept 124 Calls, IR (31.32)
Today has been anything but boring as we have seen the market deal with two huge pieces of news in GDP and Bernanke's Jackson Hole Speech, and traders and investors have been taken on a wild, roller-coaster ride as a result. Surprisingly, the market is rallying on Bernanke's no-news event (or is it?) and trading
Current Long Positions (stop-losses in parentheses): QCOM Oct 60 Calls, AAPL Sept 420 Calls, SPY Sept 124 Calls, DZZ (3.79), NFLX (202.99)
Netflix (NFLX) has been in a consistent downturn ever since it peaked at $304/share on news of it increasing its monthly subscription fees by 60%. Since then it has been beating its head against, a nasty downward trend-line off of those highs. But now it seems to have found some comfort at the 200-day moving