Stock Market Global Slide Continues | Oil Skids Lower

Stock Market Global Slide ContinuesPlenty of opportunity for a day trader

How are you doing?

There are certain moments in time, when the stars line up, and there is money to be made. Real money.

The start to the 2016 stock market is exactly what a short-term trader could want. We have huge volume and a clear trend.

Then why is everyone bitching? It’s because they aren’t paying attention to the trend. Stock traders, especially, keep waiting for a bottom to get, long instead of selling short.

Could today be capitulation? Yes, but that doesn’t mean ignore the down trend.

Too many day traders are bragging about not losing “a lot of money” picking a bottom instead of making money short.

The stock market and the global economy just gave you a two week gift. Spend some time with a legal pad, a pot of coffee or a red bull, and ask yourself why you missed it.

Stock Market Today: Map of the S&P 500

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Stock Market Global Slide Continues

Day Trading Game Plan: The SPY ETF Outlook

SPY end of day short-covering is driving day traders crazy. There is no other way to describe it. Everyone I speak to is looking for capitulation.-

(click the chart for a full view)

Stock Market Global Slide Continues

Stock Market Global Slide Continues | Oil Skids Lower | 1-20-16

Pete’s Notes:

  • If you aren’t making money right now your list is too big, or your plan is too vague. This volatility and the short-sale opportunities, are one for the ages.

Technical Analysis | Charts of Interest

Stock Market Global Slide ContinuesNFLX Netflix Inc.

Cramer Remix: Is Netflix stock still binge-worthy?

“Mad Money” host Jim Cramer on whether this is the right market for one stock in FANG.

Netflix’s Earnings: What It Doesn’t Want You to Watch

Netflix’s greater focus on international markets may be aimed at distracting from slowing domestic growth.

Netflix, Inc. Earnings: International Growth Accelerates

Profitability remains modest, but Netflix is catching on outside the U.S.

Netflix Beats Views On Global Subscribers, Profit

Netflix (NFLX) stock surged higher late Tuesday after the Internet TV service reported stronger-than-expected international subscriber growth and better profitability than forecast for the fourth quarter. But while Netflix is growing its subscriber base like gangbusters in international markets, its growth in the U.S. has slowed. Netflix added 5.59 million total new streaming subscribers in Q4, which topped its guidance for 5.15 million net new

Netflix Adds More Streaming Subscribers Than Expected

Netflix reported a surge in streaming subscribers in the December quarter, boosted by the company’s overseas expansion.

Netflix shares up 8.4% after earnings beat

Visit www.marketwatch.com or the quote page for more information about this breaking news.

(click the chart for a full view)

Stock Market Global Slide Continues

Stocks to Trade 1-20-16

Short-Term Trading Momentum:

Positive the last 20 and 5 trading days | closed 2% higher from the open: VIAB, NEE

Negative last 20 and 5 trading days | closed 2% lower from the open: scty, cop, nfx, nbl, rrc, etp, amba, lng, vmw, hes, mbly, fosl, oke, kmx, hp, cf, dvn, adsk, apc, stx, aer, tso, eog, clvs, esrx, bbby, nwl, yelp, apa, bwa, ua, gild, car, mar, wdc, cat, biib, pru, c, hca, ual, cof, cmi, mpc, swks, nxpi

Quarterly Order Flow:

Bullish Ideas ATR/Volume/Price: KSS, WMT, BXLT, DUK, AEP, LULU, ED, MO, NEE

Bearish Ideas ATR/Volume/Price: scty, cop, nfx, nbl, nbl, rrc, etp, amba, lng, vmw, mbly, fosl, kmx, hp, cf, dvn, adsk, apc, stx, aer, eog, esrx, bbby, nwl, bwa, ua, gild, car, mar, vfc, wdc, dd, ibm, cat, pru, c, hot, ual cof, lrcx, mpc, aapl, swks, cam, hfc, nxpi, bhi, celg, jpm, unp, cost, dis, len, fdx, fb, ups, gs, stt, nke, jwn, akam, thc

20 Day Breakdown: cop, nfx, nbl, hes, mbly, kmx, apc, aer, tso, esrx, nwl, bwa, car, mar, ibm, ccl, ual

20 Day Breakout: CMS, ED, NEE, SO, VIAB, XEL

2x Normal Volume: C, NFLX, MS, COP, BRCM, ACE, BXLT, MBLY, CCL, MA, LLY, CTSH, CRM, THC, AER, AMTD, FAST, KMX, CB, SFM, MCHP, FTNT, RCL, CCI, AMT

Inside days: csco, intc, bby, apa, rai, aet, fast, amzn, cci, ctl, hig, tmus, lvlt

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