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UnavailableTrading Charts with Tim Knight - April 18, 2024 - The Surprising Miss of Netflix's Rally
Currently unavailable

Trading Charts with Tim Knight - April 18, 2024 - The Surprising Miss of Netflix's Rally

FromThe tastylive network


Currently unavailable

Trading Charts with Tim Knight - April 18, 2024 - The Surprising Miss of Netflix's Rally

FromThe tastylive network

ratings:
Length:
15 minutes
Released:
Apr 18, 2024
Format:
Podcast episode

Description

Tim Knight discusses market dynamics with a keen focus on specific charts and earnings, notably missing Netflix's earnings despite its historical post-earnings rallies. He analyzes various sectors, highlighting the SPDR S&P 500 ETF (SPY) approaching short-term resistance and numerous bearish setups across technology, semiconductors (mentioning NVIDIA, Micron, ARM Holdings), and other industries. Knight notes emerging markets and European stocks' movements, pointing to significant bearish patterns and vulnerabilities in specific stocks (like Tesla, which he deems very broken ahead of its earnings). He also mentions some bullish setups but underscores a general market weakness, especially in tech and utility sectors. The analysis encompasses both a micro and macro view, touching on gold and bond market movements, and concludes with anticipation for Netflix's earnings while reminding listeners of the inherent risks in futures and digital assets trading.
Released:
Apr 18, 2024
Format:
Podcast episode

Titles in the series (100)

The tastylive network teaches investors innovative, simple ways to trade stocks, options, and futures, take advantage of market volatility and build a successful portfolio. Tom Sosnoff leads an irreverent and playful band of floor traders who are showing America a new way to quickly find low risk, high return strategies in bullish, bearish and sideways markets.