Market & Earnings - 7/19/2015

The market continues to push higher. The tech oriented Nasdaq 100 is getting a bit euphoric and parabolic. Earnings from AAPL and AMZN are scheduled for this week with FB on tap to report next week. In this video, we will look at the market and these stocks: AAPL, GPRO, AMZN. In addition, I have also included the chart on DIS, FB, NFLX and GOOGL that I have posted earlier on my twitter stream in this blog posting.

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DIS

Upper channel trendline confluent with 161% Fib extension near 120 could be the near term price target.



FB

Broken out from the long term price channel, could be making a move toward the intermediate price channel upper trendline near 103 that is in confluent with 161% Fib extension.



NFLX

Could be entered into a euphoric parabolic blow-out phase.



GOOGL

Bumping up against the long term upper channel trendline near 703.