Netflix Inc NFLX Earnings Report Set to Ignite Season of Volatility 1-21-20

Netflix Inc NFLX Earnings Report Set to Ignite Season of Volatility 1-21-20

NFLX Netflix Inc Stock Chart Before Earnings 1-21-20

NFLX Netflix Inc Stock Chart Before Earnings 1-21-20

Boeing Inc BA stock price sits cautiously at support with bad news from the 737 disaster weighing heavy on supply. Sellers have their fingers on the button ready to dump the stock for fear of a major decline.

Troubled by its 737 MAX planes deadly record, Boeing is apparently in talks with banks to borrow $10 billion or more amid rising costs. 

From 2018-2019 $320 has held as significant support but this time is different. It doesn't matter how big or established a company is, when they are looking for a loan to stave off expenses the smell will get worse.

The this short sale needs to be handled like a pro, it's easy to get caught short without "proof." I'm waiting for the stock price to close below this level for at least 2 days before I initiate my first position with my first profit target of $295.

If selling intensifies into this price, the support below is weak, very weak. We could see a total collapse with the next major support coming in at $140.

If you're considering this trade be smart and wait for the proof as I outlined. It's easy to jump in early and get squeezed. Act like a pro and let the trade unfold and take action as planned.

Have a great day.

Pete

BA Boeing Inc Stock Chart 1-21-20

BA Boeing Inc Stock Chart 1-21-20

Netflix Q4 Earnings Preview: Time for Investors to Worry About NFLX Stock?

Netflix (NFLX) is set to report its fourth-quarter fiscal 2019 earnings results after the closing bell on Tuesday, January 21. The streaming giant’s stock price has climbed over the last several months but Wall Street is worried about Netflix’s growing competition.

Netflix stock is down roughly 1% over the last year, which stands in stark contrast to the S&P 500 and many of its fellow tech giants. The company is coming off back-to-back subscriber growth misses and those came before Disney (DIS) and Apple (AAPL) entered the fray in November.

zacks.com/netflix-earnings-1-21-20

Trump speaks at World Economic Forum in Davos –

US president Donald Trump gives the first keynote speech on day one of the 50th World Economic Forum in Davos.

While in Switzerland, Trump will be meeting with foreign counterparts including European Commission President Ursula von der Leyen, as attention turns to trade relations with Europe after the U.S. reached a preliminary accord with China.

** Watch Video Below…

Expert’s #1 Play for 2020: Unprecedented Currency Shift, Next Bull Market

Billions of dollars are pouring into one long-ignored asset Goldman Sachs expects will soar in the first quarter of 2020.

Go here to see hard-asset expert’s #1 way to play this massive shift before it turns into a runaway train. 

Click here to see why.

Pete Renzulli
 

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