Today, I'm going to be looking at two stocks and their recent Trade Triangle signals.
Netflix, Inc. (NASDAQ:NFLX) provides Internet television network service that enables subscribers to stream TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally.
Netflix had a recent Trade Triangle exit signal at $359.04 on 1/6/14. The very next day this stock dropped like a brick and shaved 5.58% off the value of this company. That’s why Trade Triangles matter.
Want to analyze Netflix Inc.(NASDAQ:NFLX) or another symbol? Try our Free Stock Trend Analysis Report.
BLACK CHART NUMBERS
1. Weekly Trade Triangle entry signal @ $334.50
2. Trade Triangle information
3. Weekly Trade Triangle entry signal @ $359.04
4. Netflix down 5.58% in one day.
To summarize, I expect Netflix to be on the defensive in the near-term, unless I see otherwise in the Trade Triangle technology. Continue reading "Why Trade Triangles Matter For 2014"
Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Friday, the 13th of December.
Every Friday, I go through the same ritual in the stocks I've been following for the last several months to see how they have performed for the week. Continue reading "Friday's Winners and Losers"
Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Monday, the 2nd of December.
I hope everyone had a wonderful Thanksgiving holiday! As we are now into December, we can all look toward the end of the year. Despite the eight strong weeks we've seen, some folks are calling the current up move a bubble.
They could be right, but the trend is your friend and the trend is clearly on the upside for many stocks, particularly the ones that I have been talking about for most of the year.
I talked about perception just before the Thanksgiving holiday and how it is one of the most powerful forces in the market. The perception now is these markets can and will move higher, perhaps to some of the levels I outlined in my special report on the major indices. Continue reading "Amazon's Drone Deliveries And The Best Holiday Gift Of All"
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 5th of November.
There's a lot to cover today starting with Tesla (NASDAQ:TSLA), who reports earnings after the bell. Netflix (NASDAQ:NFLX) is looking good and Apple (NASDAQ:AAPL) is creating a new factory in America to build Apple products. A major biography about Amazon (NASDAQ:AMZN) and its founder, Jeff Bezos, is up for discussion and I'll also be covering why Pandora Media (NYSE:P) is not too concerned about Apple's new iRadio service.
Tesla (NASDAQ:TSLA) Reports Earnings After The Bell
Can Elon Musk do it again and sell more Tesla S cars than his critics say he can? After the bell today, Tesla (NASDAQ:TSLA) will report its third-quarter earnings and judging by yesterday's market action, which saw this stock jump 8% in a day, perhaps the earnings are going to be better than what the critics are thinking. With the long-term monthly Trade Triangle positive on this particular stock, I see no reason to stand in front of the electric car revolution. Continue reading "Tesla Reports, Apple Builds and Netflix Does Its Thing"
As we start the new trading week, there are a lot of challenges we are facing with the partial government shutdown still in effect, the looming debt ceiling, and the numerous other problems plaguing the US at the moment.
I cannot imagine that even Congress could be so stupid as to not resolve the debt ceiling. Not to do so would be totally irresponsible and push the US over the proverbial fiscal cliff. Should the unthinkable happen, it would send the world's markets into a tailspin and, chances are, there would be a great deal of discussion about changing the Dollar's currency status.
So, with all that in the background, what stocks or markets are you watching this week? Continue reading "Which stocks or markets are you following?"