A Bullish Setup in Netflix

Hey traders!

The market is waiting on a reaction post-Fed, and I’m waiting to see which way the move breaks. Generally, the day after the Fed announcement is when we get the actual move, though an initial reaction will occur after the announcement.

As such, it’s essential to have some bullish and bearish tickers on your watchlist that you can jump on, depending on how the reaction plays out.

Netflix is one of my favorite bullish tickers right now. It has relative strength, a bullish trend, proximity to previous all-time highs, and multiple squeezes.

To learn more, check out the video below:

Up Next...

Investing in Amazon

During market pullbacks, I like to add to my long-term stock accounts. One of the tickers I’ve been adding more of lately is Amazon (AMZN). Why Amazon? The long-term goal of the stock portfolio is to accumulate enough shares to create an income stream via selling covered calls and creating wealth from the shares themselves. … Read more

Costco to $1,000?

Relative Strength in Consumer Staples Tech darlings remain weak, as is typical for September seasonality, which causes me to search for relative strength elsewhere. Consumer staples are at all-time highs, as relative strength in this space continues to be strong. Of course, I don’t want to buy something already at high, but I want to … Read more

Welcome to September

September is here, and its entrance is dashing hopes that September seasonality came early. As of this writing, the Nasdaq futures are down 2.25%, and the S&P is down 1.37%. What’s interesting about the summer pullback is that semiconductor and technology stocks led it lower. This is critical to mention because these are typically the … Read more