Posted by 18 December 2005

Charts of Note

I didn’t find a whole lot worth posting as most stocks are just trapped in a trading range. I’m still of the opinion that the indices are rolling over — if ever so slowly. I’m also still expecting an increase in volatility. Note the Bollinger Band Squeezes on the Nasdaq and S&P 500 which also [...]

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Posted by 27 October 2005

Is NetFlix (NFLX) a Short?

So Jim wants to know if Netflix “look like a good short or put candidate here.” This is a tough call for me. It would be much easier for me to call it a short if the 50-day moving average and the lower Bollinger Band weren’t so close by. In fact, the stock bounced off [...]

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Posted by 19 May 2005

NetFlix Takes Out Wal-Mart

Some great news for NetFlix this morning (via Briefing.com): 07:30 NFLX Netflix: On website, Wal-Mart says to discontinue its current DVD Rentals service… points customers to NFLX! -Update- See 7:29 comment. 07:29 NFLX Netflix: Wal-Mart teams up with Netflix (15.50 ) Wal-Mart posted the following page on their website: “Great opportunity for current members of [...]

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Posted by 11 April 2005

Chart Request: NetFlix (NFLX)

Brad, who’s long NFLX from $10 and change, wanted me to take a look at the chart. I had another request for NFLX last month when it was at $10. The person who requested that chart mentioned that the stock may be ripe for a short squeeze. The stock dropped about 8% after I did [...]

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Posted by 10 March 2005

Chart Request: NetFlix (NFLX)

I got the following message about NetFlix: NFLX – Considering the high short interest and the relatively stable price over the past couple days, would this be a good stock to invest in for someone hoping to make a large amount of money in a very short amount of time? First, if I could answer [...]

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