NFLX: Taking Profits (A Follow Up)

Relative Strength, Squeezes, and Earnings Netflix has been at the top of my radar for the past few months due to its trend and relative strength. This is primarily for trading only versus investments because I don’t invest in stocks at new all-time highs. With this ticker, I added some put credit spreads and bullish … Read more

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. … Read more

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