Netflix NFLX Sets Up New Buying Opportunity 12-30-19
Netflix Inc NFLX Stock Chart 12-30-19
NFLX Netflix Inc hit resistance and paused setting up a new trade for buyers to consider.
But here's the key to the trade, get the right price.
I'm setting a limit order @$322 to initiate my first piece of the trade. Looking for a rally to the $357 level.
Buying a higher opening into resistance is not a great trade because you have a small window for profits creating a one-to-one risk to reward. The further price pushes lower the difference between planned risk and expected profit increases.
Be patient for this scenario or let the trade go if a higher open.
Pete
AAPl Apple Inc Stock Chart 12-30-19
Apple Stock Gains 84% in 2019, Inches Closer to $300
Shares of tech giant Apple Inc. (AAPL) gained a whopping 84% YTD (year-to-date). The stock crushed market returns and is the best performing company on the Dow Jones this year. Broader market indexes like the Dow Jones Industrial Average and the S&P 500 have returned 29.9% and 24.9%, respectively, in calendar 2019.
marketrealist.com/apple-stock-2019-gains
Key reports to watch for this week as the S&P aims for its best year in 2 decades
Stocks look set to keep rising in the week ahead, as investors get a look at some key reports, including the ISM manufacturing survey on Friday morning and Fed minutes on Friday afternoon.
Tesla delivers first cars made at China gigafactory
Another major milestone for Tesla, whose stock has been on a tear. Tesla Inc. made its first deliveries of cars built in China on Monday, marking another milestone for the electric-car company that saw its stock soar to record highs last week.
