|Bid||0.00 x 1300|
|Ask||0.00 x 1800|
|Day's Range||263.00 - 266.98|
|52 Week Range||233.76 - 293.94|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.00|
|Expense Ratio (net)||0.09%|
A Brief Synopsis of Netflix’s Q4 Earnings(Continued from Prior Part)Netflix’s stock price performanceNetflix (NFLX) stock was down as much as 5% on January 17 after it reported mixed fourth-quarter earnings results. The stock had risen ~32%
Broader Market Supported the Energy Portfolio(Continued from Prior Part)Oil’s implied volatility On January 17, US crude oil’s implied volatility was 35.5%, which was ~23.2% below its 15-day average. Usually, a lower implied volatility might
The market continues to defy both the bulls and the bears. The former wants a pullback to buy, the latter feels we're overbought. Can investors keep up the positivity during a holiday-shortened trading week next week? Remember, no trades for Monday, which is Martin Luther King Jr. Day. With that out of the way, let's look at a few top stock trades for Tuesday. ### Netflix (NFLX) InvestorPlace - Stock Market News, Stock Advice & Trading Tips If I told you ahead of the report that Netflix (NASDAQ:NFLX) stock was up more than 50% over the past three weeks, but missed on revenue and subscription estimates, what would your prediction be for the stock price? While it's closing near its lows on Friday, NFLX was threatening to go green at one point on Friday. Down just 4%, the damage is much more contained than many investors would have thought. That goes to show just how tough the prediction business is. In any regard, NFLX stock is on the cusp of filling that miniature gap from last week, near $335. That's also where the 200-day moving average is. If those levels act as support -- with a possible overshoot to $330 -- then NFLX may very well continue higher. * 10 Lithium Stocks to Buy Despite the Market's Irrationality Below $330 and $300 is definitely possible. ### Tesla (TSLA) It was made public that Tesla (NASDAQ:TSLA) is reducing its workforce by 7% and likely generated worse bottom-line results in the fourth quarter than in the third quarter. That sent the stock down about 12% on the day to around $304. Tesla is grasping to the $300 to $310 support levels and a slight overshoot could land it in the $290s, which acted as support in December and earlier this month. If I was short this name, I'd likely look to cover at least some of the position after Friday's decline. From the long side, it's hard to take a bite into Tesla without seeing a rebound first. Ideally, it'd be nice to see TSLA stay over $310. For bulls, be careful if this loses its December lows. ### Advanced Micro Devices (AMD) This one is plain and simple. Over $19 and bulls can stay long Advanced Micro Devices (NASDAQ:AMD). * 10 High-Growth Stocks for the Return of the Bull I'd love to leave it at that, but let's break it down a bit. AMD is breaking out over downtrend resistance (blue line), has all three major moving averages just below it as support and is clearly finding $19 as support. Below $19 and the setup fails. Conservative bulls can use the 50-day moving average as their stop-loss. However, AMD has room up to $22 and possibly higher depending on the overall market. ### AT&T (T) I am long AT&T (NYSE:T) purely for its juicy 6.6% dividend yield. However, it always helps when the stock is trading well too. We have T consolidating higher here and if it can push through $31, we could see $31.50 in a hurry. Remember, this stock was at $33 just a few months ago. If we can pick up a mid-single-digit return plus collect a big dividend, that's a win-win. Above $30 and the 50-day moving average, and T stock still looks good. ### S&P 500 ETF (SPY) Everyone keeps talking about how fast the markets have rallied off the bottom and indeed, it has been a rapid rise. At some point that has to end, but pinpointing it has been tough. For the SPDR S&P 500 ETF (NYSEARCA:SPY), the ETF made a mockery of Fibonacci traders. Stopping right at the 50% retracement on Thursday, the S&P 500 surged over 1% on Friday. Just a bit higher from here, the 61.8% Fibonacci retracement rests at $269.45. If that weren't notable enough, we have the 100-day moving average now crossing below the 200-day near $271. Maybe the SPY can surge ahead and overshoot these levels, but I would expect that it will at least cause investors to pause and/or take some profits. I wouldn't be going heavily short right now, but I would be trimming some longs after this type of rally. According to the RSI (blue circle), we're not wildly overbought. In fact, we're not even technically overbought yet, with a reading of just 61.6 on chart. * 7 Dark Horse Stocks You Really Need to Look at for 2019 Should the SPY push through the 200-day, 100-day and 61.8% retracement, look for resistance between $278 and $280. That was a brick wall for the SPY in Q4. On the downside, look for support from the 50-day and $260 level. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, he did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy Compare Brokers The post 5 Top Stock Trades for Tuesday: SPY, NFLX, TSLA, AMD, T appeared first on InvestorPlace.
Broader Market Supported the Energy Portfolio(Continued from Prior Part)US equity indexesOn January 10–17, US equity indexes had the following correlations with US crude oil March futures:the S&P 500 (SPY): 95.5%the Dow Jones Industrial
Shutdown Continues: Will Trump Get His Wall?WallsThe US government shutdown, which started on December 22, has entered its 28th day. To be sure, by taking an aggressive stance on the border wall, Trump is trying to deliver on one of his key
Analysts See More Upside in LULU after Its Strong Holiday RunAnalyst activity on LULUOn January 17, UBS raised its price target for Lululemon (LULU) stock to $148 from $135. Several analysts see further upside potential in Lululemon stock after the
Broader Market Supported the Energy Portfolio(Continued from Prior Part)Correlation with US crude oilOn January 10–17, major energy ETFs had the following correlations with US crude oil March futures:the Alerian MLP ETF (AMLP): 98.2%the Energy
In an effort to restore its economic relationship with the U.S., China offered to ramp imports from the region by more than $1 trillion over the next six years, according to a Friday Bloomberg report. The rate would slowly reduce its trade surplus and completely eliminate the imbalance by 2024. The conciliatory offer, if true, is meant to appease U.S. officials aggravated by what they perceive to be an unfair trade arrangement.
Stanley Black & Decker: What to Expect from Its Q4 EarningsStanley Black & Decker’s upcoming earnings Stanley Black & Decker (SWK) is scheduled to announce its fourth-quarter earnings on January 22 before the market opens. The company
Can Cleveland-Cliffs Stock Continue Outperforming Peers in 2019?US steel stocks surge after a tough year US steel stocks had a weak 2018 despite the Trump administration’s tariffs on imported steel products. However, after a rough 2018, US steel
Defensively-minded investors have flocked to low volatility stocks, sending their relative valuations soaring to record highs.
Apple Updates: Verizon Deal, HomePod in China, and MoreApple inks deal with VerizonApple (AAPL) has deepened its ties with the US (SPY) top mobile carrier Verizon (VZ), as it is offering Apple Music free services with some of Verizon’s premium
Actively managed funds experienced outflows of nearly $143 billion in December, their worst month ever, according to data from Morningstar. Last month was one for the Wall Street history books — not only was it stocks' worst December since the Great Depression, but it now appears to be a pivotal moment when investors really gave up on active management. According to data from Morningstar out Thursday, actively managed mutual funds experienced outflows of nearly $143 billion in December, their worst month ever.
Will Oil End the Week on a Lower Note?US crude oil So far this week, US crude oil February futures have risen 1.4%. However, at 11:42 AM EST on January 17, US crude oil prices had fallen $0.52 from their last closing level. Lately, bearish EIA
Border Wall and Trump’s Obsession with National SecurityBorder wall The US government shutdown, which started on December 22, has entered its 27th day. The shutdown, which is already the longest in history, has seen President Trump take on
Inside the Impact of Comcast’s New NBCUniversal Streaming Service(Continued from Prior Part)HuluHulu is a leading online video streaming service provider and is aggressively investing in original content to grow its subscriber base. Hulu
Hedge funds may be reaching a "saturation point," according to one industry expert. Don Steinbrugge, managing partner of Hedge Fund advisory firm Agecroft Partners, said in his annual trend report that he expects slow growth for the industry in 2019. The majority of growth in recent years has come from performance, with only a modest amount of new capital coming into the space, Steinbrugge said — and new capital is mostly coming from reallocations of capital redeemed from other managers, Steinbrugge says.