12:15pm (EST) Shares of Netflix (NFLX, $340.95, down $40.04) continue to defy gravity but after an initial pop at the open, shares are reversing course despite a fantastic earnings report. The company reported a profit of $0.52 a share on revenue of $1.1billion. The suit-and-ties were expecting a profit of
Here is How You Could Have Made 775% on Netflix (NFLX)
Netflix (NFLX) Slips/ Apple (AAPL) After the Bell/ New Trade!!!
12:05pm (EST) The market pushed new highs on the open but the action has simmered as we head into the second half of trading. Economic news has been light and all has been quite on the zombie from although there was some political rhetoric today on Obama’s upcoming speech on
Bears on the Attack
1:05pm (EST) The bulls were behind the 8-ball well before the start of today’s trading as futures were pointing towards a 1% drop at the open. We were pretty excited when we started to do our weekend homework because we were looking for a breakdown this week and we stayed
Momentum Stocks (DNDN, NFLX, VVUS) Stay Hot
1:15pm (EST) The market has traded near the flat line for much of today’s action with sentiment slightly negative. Perhaps, traders are worried over Alcoa’s (AA, $9.34) earnings after the bell which “officially” starts the 4Q earnings season. We don’t expect much from the company as an earnings miss could