Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $330.00 short call and a strike $335.00 long call offers a potential 72.41% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $330.00 by expiration. The full premium credit of $2.10 would be kept by the premium seller. The risk of $2.90 would be incurred if the stock rose above the $335.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Netflix is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Netflix is bearish.
The RSI indicator is at 71.91 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Netflix
‘1917’ Wins Top Golden Globe as Netflix Favorites Fall Short
Mon, 06 Jan 2020 08:02:15 +0000
(Bloomberg) — The Golden Globes lived up to their reputation as Hollywood’s most unpredictable awards show.“1917,” a World War I epic from director Sam Mendes and Universal Pictures, won the prize for best drama Sunday from the Hollywood Foreign Press Association, inserting itself into an awards race just days ahead of its wide release in theaters. Mendes also took home the prize for best director.That was bad news for Netflix Inc. “1917” beat out four other pictures including three contenders from the streaming giant: “The Irishman,” “Marriage Story” and “The Two Popes.” Pundits had seen “The Irishman” as the frontrunner — not just Sunday night but at the Academy Awards next month. But Netflix won just two prizes on the night, one for its TV show “The Crown” and another for the film “Marriage Story.”The result is a scrambled race for the best-picture Oscar — Hollywood’s most-coveted prize — as nine different movies won awards out of the 14 Golden Globe categories, and no movie won more than three.If any film emerged as a frontrunner for the Oscars, it is Quentin Tarantino and Sony Corp.’s “Once Upon a Time… In Hollywood,” which won the Golden Globe for best film comedy. Tarantino also won best screenplay for his ode to 1960s Hollywood, while Brad Pitt won best supporting actor for his performance as a stunt double to the film’s lead actor Leonardo DiCaprio.“Thank you to the eclectic and ever raucous Hollywood Foreign Press Association,” Pitt said in accepting his award.Foreign JournalistsWhile the Oscars reflect the tastes of the people who work in Hollywood, the Globes are decided by a few dozen international journalists. They have always shown a preference for big names, leading to surprise winners.“1917,” which opened in select theaters in December, will go into wide release Jan 10. Winners in the big Golden Globe categories, best drama and best musical or comedy, have gone on to win best-picture Oscars five times over the past decade. Double winners include “Green Book,” “Moonlight,” and “Argo.”Complete List of Golden Globe WinnersAnd while the Golden Globes have never been the best predictor of Oscar glory, the top awards can extend a movie’s life at the box office, and a growing cadre of streaming services view them as a key way to bring in subscribers and attract talent for projects.Netflix has chased awards with particular gusto, spending tens of millions of dollars on campaigns and angering competitors. Awards voters were at first reluctant to acknowledge Netflix, which has upended Hollywood’s economics.Major theater chains refuse to show Netflix movies — because they become available for streaming so soon — and some major media companies have stopped selling their TV shows and films to the streaming giant.Filmmaker ResistanceBut resistance from filmmakers melted in the face of funding for their projects. A veritable who’s who of filmmakers, including Alfonso Cuaron, Martin Scorsese, Noah Baumbach and Ava DuVernay, has now made films for the company. The imprimatur of those lions of cinema has helped Netflix charm awards voters. The company received more Globes nominations than any other studio, and Cuaron won the Oscar for best director last year.“No one cares about cinema and no one watches network TV,” Globes host and comic actor Ricky Gervais in his opening monologue on the NBC telecast. “Everyone’s watching Netflix.”Everyone, that is, except members of the Hollywood Foreign Press Association. Netflix’s lavish spending and plethora of nominees didn’t result in many victories.Korean Victory“Parasite” won the Golden Globe for best foreign language film, the first South Korean movie to ever win that prize in the event’s 77-year history. Directed by Bong-Joon Ho, “Parasite” is a parable of class, family and privilege about a poor Korean family that insinuates itself into the lives of a wealthy family.‘Parasite’ Is Awarded Top Foreign Film at Golden GlobesThe film debuted in October to ecstatic reviews and was named the year’s best film by the National Society of Film Critics.The win boosts the Oscar odds of “Parasite,” which has the third-best shot at winning best picture according to Gold Derby. Winning the top prize is always a challenge for a foreign film, and foreign movies can’t even be nominated for the best drama or comedy at the globes.Unlike the Emmys and the Oscars, the Golden Globes honor both films and TV shows. HBO’s “Succession” was crowned best drama while Amazon’s “Fleabag” won best comedy.HBO won the most awards of any network, scoring four between “Succession,” a drama about a family that controls a media empire, and “Chernobyl,” a miniseries about a disaster at a nuclear plant accident in the old Soviet Union.Despite earning the most nominations of any network, Netflix only won one prize for TV shows. Apple Inc., a newcomer to the awards circuit, failed to win a statute in its first year competing at the Golden Globes.The iPhone maker earned three nominations for “The Morning Show,” its drama set behind the scenes of a TV news program upended when one of the hosts is accused of sexual harassment.Apple Chief Executive Officer Tim Cook attended the program, and was almost immediately subjected to a barb from Gervais, who returned as emcee for the fifth time — and the first since 2016.“Apple roared into the TV game with “The Morning Show,” a superb drama about the importance of dignity and doing the right thing made by a company that runs sweatshops in China,” Gervais said during a caustic opening monologue that also touched on pedophilia, Jeffrey Epstein and the celebrities caught up in a college admissions scandal.(Updates with past winners and wider Oscar comparison in eighth paragraph)\–With assistance from Jeff Sutherland.To contact the reporter on this story: Lucas Shaw in Los Angeles at email@example.comTo contact the editors responsible for this story: Nick Turner at firstname.lastname@example.org, Rob Golum, Dave McCombsFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.
Iran Tensions, Oil Prices, Boeing, Golden Globes and Netflix – 5 Things You Must Know Monday
Mon, 06 Jan 2020 05:40:00 +0000
U.S. stock futures extend sharp declines and oil prices continue rising amid tensions between the U.S. and Iran; Boeing is looking into potential wiring problems of its 737 MAX aircraft; Netflix comes up short at the Golden Globes.
Will Roku Carry Momentum Over Into 2020?
Fri, 03 Jan 2020 21:11:09 +0000
Roku (ROKU) was the best performing tech stock of 2019 as it soared over 355% during the year, but it was no easy road for the company.
3 IPO Stocks That Are Down But Not Out
Fri, 03 Jan 2020 18:46:19 +0000
A new calendar year can mean a fresh start. And when it comes to three of last year's bigger IPO stock disappointments, Lyft (NASDAQ:LYFT), Beyond Meat (NASDAQ:BYND) and Pinterest (NYSE:PINS), might be down right now, but don't count them out in 2020.Some believe every dog has its day. And with investing there's more than a bit of truth in that conviction. Even better, on Wall Street rotations into underappreciated or vilified stocks can sometimes turn into very large profitable opportunities as overly bearish sentiment does a complete about face. Recent IPO stocks under technical pressure in 2019 are an interesting group with this type of more meaningful potential. * 10 2019 Winners That Will Be 2020 Losers Buying an out-of-favor IPO stock may not result in owning the next Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) or Costco (NASDAQ:COST). Still, younger, smaller capitalization companies typical of IPO stocks do hold this kind of longer-term possibility. Add in leadership in an emerging market with growth potential and the opportunity is increased. And combined with price action ripe for bottoming, you may not have an Apple (NASDAQ:AAPL) on your hands, but you're off to a promising start.InvestorPlace – Stock Market News, Stock Advice & Trading Tips IPO Stocks to Buy: Lyft (LYFT)Source: Charts by TradingViewRideshare operator Lyft is the first of our IPO stocks to buy. A late October earnings report drove home the point LYFT stock has what it takes to succeed in this new growth market. The company delivered record-beating revenues, toppled consensus earnings forecasts and issued upwardly revised top and bottom-line guidance.Now this IPO stock has pulled back into a technically supportive area for buying on weakness. Shares are currently testing the 62% retracement level after a post-earnings rally broke LYFT stock's lifetime downtrend resistance line. But with stochastics in an overbought position, I'm looking for a purchase near Lyft's post-earnings doji-style hammer candlesticks.LYFT Stock Strategy: Monitor this IPO stock for a weekly bottoming candlestick to form closer to the earnings low highlighted in yellow on the price chart. With support from the broken downtrend also coming into play around $40, setting a stop-loss beneath $39.40 to contain downside exposure on any future purchases makes sense. Beyond Meat (BYND) Source: Charts by TradingViewBeyond Meat is the next of our IPO stocks to buy. The faux-meat disruptor sizzled past Street forecasts when it reported earnings in October. But an expiring lockup period and competition concerns got the better of investors and continues to hold its grip on shares. The good news entering 2020 is BYND stock looks ready to cook higher.Technically, shares have worked their way into a solid-looking lateral price consolidation. The healthy congestion pattern is putting together a successful challenge of BYND stock's opening week high and finishing price. This area could prove important as it preceded the IPO stock's massive run-up in share price. My guess is there are now natural buyers residing in this area. * 7 Dividend Stocks to Buy to Kick Off the New Year BYND Stock Strategy: Shares have just signaled a bullish stochastics crossover. That's nice to see, however today's advice is to wait for price confirmation that endorses this price area for buying. Given BYND's volatile nature, my suggestion is to purchase this IPO stock above $81 and size the position to allow for a stop-loss beneath $64.50. And if BYND stock begins to really sizzle again, $120 – $125 is an initial price target for taking profits. Pinterest (PINS) Source: Charts by TradingViewPinterest is the last of our IPO stocks to buy. The wildly popular web-based visual discovery had a tough time maintaining Wall Street's interest after a promising earnings-driven breakout this past summer. But with shares cut in half from their highs and modestly below their IPO stock price of $19, the PINS story is looking very attractive entering 2020.At current prices this IPO stock now sports half the market capitalization of internet peers Twitter (NYSE:TWTR) and Snap (NYSE:SNAP). Moreover, PINS stock is still growing. Additionally, Pinterest has a similar active user base of more than 300 million, while offering a much stronger vertically integrated road map for sustainable growth.As such, it's time investors pay attention to PINS stock. And the price chart agrees. Technically, shares have put together a solid bottoming candle on heavier and above-average volume near a Fibonacci extension level and last quarter's post-earnings drubbing. And with stochastics hinting at a bottom-in-the-making, Pinterest is nearly ready for buying.PINS Stock Strategy: Buy this IPO stock on a move above $19.48, which confirms the weekly chart's highlighted bottoming candlestick. Set a stop beneath $17.15 to prevent larger losses if new lows are in the cards. But if PINS finds Wall Street's favor once more, $26 – $27 looks like a respectable spot to show your appreciation for taking profits.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 2019 Winners That Will Be 2020 Losers * 5-Year Returns for 5 Dow Jones Stocks Entering 2020 * 5 Semiconductor Stocks to Buy for Big Gains In 2020 The post 3 IPO Stocks That Are Down But Not Out appeared first on InvestorPlace.
Surprises Could Benefit This Active Internet ETF This Year
Fri, 03 Jan 2020 15:59:48 +0000
Coming off a year in which it gained almost 36%, the ARK Web x.0 ETF (ARKW) could be poised to deliver for investors again in 2020, particularly if some well-known internet stocks deliver on speculated surprises. One of the best-performing equity-based actively managed ETFs over the past several years, ARKW has made a habit of trouncing passive rivals although the ARK fund isn't heavily allocated to internet darlings such as Amazon.com (AMZN) and Facebook (FB) , among others. ARKW allocates almost 5% of its combined weight to Netflix (NFLX) and Amazon and its largest is Tesla (TSLA) at 10.42%.
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