Actually looks like MFI is still headed to oversold.
I guess we're shifting into tech. Not sure I really want to bet on NFLX earnings though. Gotta assume it goes oversold before market open tomorrow, and NFLX dictates teh gap direction.
I guess we're shifting into tech. Not sure I really want to bet on NFLX earnings though. Gotta assume it goes oversold before market open tomorrow, and NFLX dictates teh gap direction.
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MFI now touching oversold.
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I'm not bullish on NFLX earnings, prob just gonna stay cash until tomorrow. At least I made some money this week. Tough market to trade.
Can;t recommend shorting anything with NQ MFI oversold either.
Can;t recommend shorting anything with NQ MFI oversold either.
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NFLX earnings this afternoon, TSLA tomorrow. Quite frankly I'm not bullish on either one.
NQ is oversold though so if it gaps down tomorrow, I might take a stab at something like AAPL. Normally I'd go long here, but I just don;t trust NFLX
Staying cash for now.
NQ is oversold though so if it gaps down tomorrow, I might take a stab at something like AAPL. Normally I'd go long here, but I just don;t trust NFLX
Staying cash for now.
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Oversold now, but algos aren't buying in yet. Maybe they're anticipating the gap down so they can buy cheaper.
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It's almost like the big boys turned the NQ algo off. Strange.
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NFLX missed, after initially dropping 10%, it's down around 2% now. Not enough to cover options premium which is why I didn't short it. Of course if you did buy puts, you could have bought stock AH and exercised your puts. I've done that before, though not lately.
Futures only slightly red, market could still rally, but I doubt it gaps up tomorrow, so I didn't see a point in carrying a long position overnight. Like I said earlier, I'm not all that bullish on TSLA earnings either.
Futures only slightly red, market could still rally, but I doubt it gaps up tomorrow, so I didn't see a point in carrying a long position overnight. Like I said earlier, I'm not all that bullish on TSLA earnings either.
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Must be a bull market, NFLX missed on subscribers and guidance sucked but it still managed to go green AH. I'd be kinda pissed right now if I had bought puts.
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NFLX went red again (as it should), NQ gapped down after the break. Probably fills overnight, but I'll post a plot tomorrow if it doesn't. More whipsaw regardless, lol.