The Post-Fed Break Out Continues…

Relative strength stocks continue to break out after the Fed cut rates.

When semiconductors (SMH) break higher, along with Microsoft (MSFT), Amazon (AMZN), Netflix (NFLX), Meta (META), Tesla (TSLA), and Broadcom (AVGO), this relative strength is a bullish sign for continued upside price action.

There’s also a difference between where traders and investors should focus.

Charles and I also look at a dumpster fire stock that has gotten crushed, to discuss potential upside targets and macro reasoning. Let’s discuss Dexcom and why I think this one could start recovering.

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NFLX: Taking Profits (A Follow Up)

Hey traders! Last week, I posted a bullish Netflix (NFLX) setup at Five Star Trader. At this point, this trade is making targets, and I’m taking profits. What does that look like? Well, Netflix has hit just below my price target of $730. My put credit spread, and my butterfly has two days remaining. One could … Read more

A Bullish Trade in Netflix (NFLX)

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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 … Read more