Netflix, Inc. (NFLX)

663.90
11.00 1.60
NASDAQ
Prev Close 653.16
Day Low/High 651.81 / 665.46
52 Wk Low/High 463.41 / 654.01
Exchange NASDAQ
Shares Outstanding 442.60B
Market Cap 289.09B
P/E Ratio 92.96
Div & Yield N.A. (N.A)

Medium-Sized Shorts

On this morning's strength I have moved to medium-sized in the following shorts: Zoom , Carvana , Apple , Netflix , and Facebook .

My Short Book Grows Incrementally

* Apple, Facebook and Netflix are new short names  In case you missed it - I put on three new shorts on Friday afternoon.   Apple , Netflix and Facebook are the new names.  This makes six individual stock shorts -- , and are the others.

Covid Concerns Are Unable to Shake Bullish Confidence

Covid Concerns Are Unable to Shake Bullish Confidence

Despite several big-picture worries, the price action remains quite positive as we head into the meat of earnings season.

Afternoon Moves

I made some moves this afternoon: * I added to my and shorts. * I initiated new shorts in Netflix , Facebook and Apple . (I want some short beta in my book.) Thanks for reading my Diary today. I hope it was value added. Enjoy the weekend. Be safe.

Netflix Reports Earnings on Tuesday: 6 Key Things to Watch

Netflix Reports Earnings on Tuesday: 6 Key Things to Watch

Keep an eye on comments shared about Q4 demand trends, movie licensing activity and the expected 2021 impact of production halts.

Don't Waste Your Time Trying to Trade Big-Picture Predictions

Don't Waste Your Time Trying to Trade Big-Picture Predictions

It is unproductive to miss out on the current positive price action because you instead are focused on what may happen weeks or months from now.

Buy FAANG on the Dip? This Could Be Your Chance

Buy FAANG on the Dip? This Could Be Your Chance

There is an opportunity to buy some of these names at a discount to their highs, with Amazon presenting the best bet.

Stimulus Repercussions, Is the Equities Rally Dead? Antitrust Action, Apple 5G

Stimulus Repercussions, Is the Equities Rally Dead? Antitrust Action, Apple 5G

One day after deciding that we still could not confirm the market's uptrend, we are forced to ask the opposite.

Real Money Post Industrial Average Outperforms Major Indexes in September

Real Money Post Industrial Average Outperforms Major Indexes in September

The RMPIA rose 13.8% during the quarter, leaving it up just shy of 29% on a year-to-date basis, thanks to performance by CRM, AAPL , NKE and TMO.

And the Winners Are...

* Wall Street, not Main Street  Walmart , Target , Costco , Amazon , Netflix , Facebook , etc. -- these are the winners in the battle against Covid-19.  As a addendum to Rolf's comments earlier this morning in our Comments Section - it is important ...

Making Sense of Monday, Apple's 'Tell', Powell's D.C. Dance, Tesla Battery Day

Making Sense of Monday, Apple's 'Tell', Powell's D.C. Dance, Tesla Battery Day

There is only one fact that truly needs to be understood. The virus is still in charge until it is not.

5 Thoughts on Microsoft's $7.5 Billion Deal to Buy Bethesda Softworks

5 Thoughts on Microsoft's $7.5 Billion Deal to Buy Bethesda Softworks

The deal drives home how strategically important gaming is to Microsoft right now. But there is one big unanswered question.

Uncertain Times, Uncertain Markets, the RBG Factor, TikTok Deal: Market Recon

Uncertain Times, Uncertain Markets, the RBG Factor, TikTok Deal: Market Recon

Are equity markets oversold? Sorry to say, but I don't think so. Not yet.

50-Day Line in the Sand, Don't Blame Powell, Crude Awakening: Market Recon

50-Day Line in the Sand, Don't Blame Powell, Crude Awakening: Market Recon

Plus, the chart of Novocure Limited is a real attention-grabber while the chart of Apple bears watching.

Is It Time to Change Channels on Netflix?

Is It Time to Change Channels on Netflix?

NFLX has been weak in recent trading sessions.

Parsing the Breakdown of FAANG

Parsing the Breakdown of FAANG

The recent market leaders appear to be running out of steam, while stalwart stocks are grinding higher, with Verizon notable among them.

Challenging Markets, Nvidia Acquires Arm, Oracle Wins TikTok, Vaccine Update

Challenging Markets, Nvidia Acquires Arm, Oracle Wins TikTok, Vaccine Update

Also, several scheduled events this week, election risk, earnings to watch.

Jim Cramer: Big Money Talks, but Not the Same Language as the Little Guy

Jim Cramer: Big Money Talks, but Not the Same Language as the Little Guy

Giant money managers give sweeping views of investing in "the market" while the small investor is looking for great individual stocks.

Is It the Beginning of the End of the Virtuous Market Cycle?

* A river is generally easier to channel than to stop. * But these are not typical investment times. * Given the unusual nature, artificial/distorted conditions (fiscal and monetary policy) and outside influences -- SoftBank (I am short), David Port...

Zoom Video Reports Monday and Here's My Earnings Trade Idea

Zoom Video Reports Monday and Here's My Earnings Trade Idea

I think ZM will probably exceed expectations this evening. Tonight's guidance will draw even more focus than it has in the past.

Tune in for a Golden Opportunity: Triggers for GLD, NFLX

Tune in for a Golden Opportunity: Triggers for GLD, NFLX

If you want to look for a new buy entry in Neflix, here are a few pullback zones to watch; also, let's check the weekly and daily charts of GLD.

Fed's Big Day, Market Rock and Roll, Ives' Targets, Tesla's Tech Breakthrough?

Fed's Big Day, Market Rock and Roll, Ives' Targets, Tesla's Tech Breakthrough?

If financial markets any indication, a lot must be expected from Fed Chair Powell Thursday morning. Plus, two guys to never bet against.

Apple Looks Primed for a Post-Split Dunking

Apple Looks Primed for a Post-Split Dunking

As AAPL has rallied, something strange is happening.

I Like What I See So Far With the Netflix Rally

I Like What I See So Far With the Netflix Rally

I have reasons to look at an entry in here now, but with some very specific parameters.

Strange Moves, Jobless Masses, Vaccine Hope, Adobe Advances: Market Recon

Strange Moves, Jobless Masses, Vaccine Hope, Adobe Advances: Market Recon

The headline numbers don't present the full story of what is going on with the equity markets.

Real Money Post Industrial Average Again Outperformed, but Watch Valuations

Real Money Post Industrial Average Again Outperformed, but Watch Valuations

The Real Money Post Industrial Average is up nearly 11% so far this quarter, beating all major indices, but valuations are looking stretched.

Jim Cramer: Follow the Lead of Elon Musk and Tim Cook: Split

Jim Cramer: Follow the Lead of Elon Musk and Tim Cook: Split

Both Apple and Tesla are chopping shares into pieces, which will let individual investors have a shot at buying them.

Mitch's Hurtful Words, Tuesday's Tumble, Do-Nothing Congress: Market Recon

Mitch's Hurtful Words, Tuesday's Tumble, Do-Nothing Congress: Market Recon

Plus, quick looks at Joe Biden's VP choice, the latest on the Covid-19 vaccine front and Tesla's stock split.

Jim Cramer: It's Dangerous Down Here in the Trough

Jim Cramer: It's Dangerous Down Here in the Trough

But that's exactly where we are right now, in this third day of the rotation, so here's your path to safety.

Jim Cramer: Let the Barbell Do Your Heavy Lifting

Jim Cramer: Let the Barbell Do Your Heavy Lifting

Investing isn't brain surgery: Keep a portfolio that's diversified with these qualities, and it will pay off on days like this.