Monday, October 21, 2013

The Band Plays On

NFLX reported its earnings today after the close and knocked it out of the park. AMZN is schedule to report its earnings this Thursday after the close. AAPL is scheduled to announce the next generation IPad tomorrow. It appears the high beta, large cap tech stocks are zooming higher on any positive news. Of course, it can move the other direction as well with any negative news. Live by the sword, die by the sword. The band plays on!

Here is a look at the price action for NFLX, AMZN and AAPL.

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Disclosure: Long AAPL Call Spread.


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