Monday, 21 April 2014

3pm update - awaiting the NFLX

A minor up wave, and equities are again trying to break the sp'1872 high. VIX is back into melt mode, -1% in the low 13s. Metals remain weak, Gold -$6. Earnings at the close, NFLX, currently +0.1% @ $346.



Suffice to say, a very quiet day, merely curious to see how NFLX earnings were.

My guess?  Better than expected, and I'd not be surprised to see the stock trading in the 375/385 zone in AH. Of course, whether it can hold those gains into tomorrow morning, that has often been a problem in the last few quarters for many of the momo stocks.

3.13pm.. Is it me, or are all momo stocks starting to catch a bid? FB, TWTR, TSLA, they're all significantly higher now.

At least something is going on today!

3.22pm... minor chop..but still...we're set to close higher for a FIFTH day, pretty impressive.

3.38pm.. notable movers... coal miners... BTU +4%, , whilst WLT -9% (downgraded by GS)