• 526 days Will The ECB Continue To Hike Rates?
  • 526 days Forbes: Aramco Remains Largest Company In The Middle East
  • 528 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 928 days Could Crypto Overtake Traditional Investment?
  • 933 days Americans Still Quitting Jobs At Record Pace
  • 935 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 938 days Is The Dollar Too Strong?
  • 938 days Big Tech Disappoints Investors on Earnings Calls
  • 939 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 941 days China Is Quietly Trying To Distance Itself From Russia
  • 941 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 945 days Crypto Investors Won Big In 2021
  • 945 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 946 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 948 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 949 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 952 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 953 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 953 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 955 days Are NFTs About To Take Over Gaming?
Joseph Russo

Joseph Russo

Joe Russo is an entrepreneurial publisher and market analyst providing digital online media solutions designed to assist traders and investors in prudently and profitably navigating…

Contact Author

  1. Home
  2. Markets
  3. Other

NETFLIX: Trend Traders Paradise

To date, NETFLIX is the top performer in the S&P 500 and a long-standing successful trading component within the Chart Cast Pilot portfolio.

Glancing upon the rather volatile long-term chart, the last conclusion one might draw is that NETFLIX is the posterboy stock for trend trading paradise.

Most eloquently, the price action of NETFLIX quintessentially reflects the systematic boom and bust cycles resident within the house of cards otherwise known as the global financial system.

In stunning contrast to the account-crushing rollercoaster effects that such a house of cards inevitably produces, our long-term equity curve (inset) exemplifies the stellar benefits of adhering to a methodical timeframe specific trading strategy.

Simply stated, entrusting a time-tested mathematically proven approach to risk exposure, strategically exploits such booms and busts while amassing world-class trading profits and investment returns across several market cycles and time horizons.

NFLX(D) - Weekly Chart

Although they have only improved further in 2013, readers with inquiring minds may click here for the entire history of NETFLIX trade statistics for each timeframe through 2012.

From an Elliott Wave perspective, despite accurately charting the wipeout decline in 2012 to $52.81 as a cycle degree A wave, there was no way to have predicted the extent of the current rebound echo-boom, which now threatens to re-test the all time highs north of $304.


Upside Price Target of $315

In the same way that we were uncertain as to the extent and amplitude of the rebound rally, we are similarly uncertain as to whether or not the current thrust higher will be ending a bullish A-wave at primary degree, or terminating all of a rather bearish B-wave at cycle degree.

Does such uncertainty concern us? NO, it does not concern us in the least. Why, because we have entrusted our time-tested and proven time horizon specific trading strategy to guide our present and future exposure in accordance with the mathematically quantified parameters that have proven accurate and historically profitable over numerous market cycles. It's that simple.


The remaining two charts and equity curves shall attest that in addition to the stellar performance in long-term investment accounts, both our medium and short-term time horizon specific trading accounts are faring equally as well.


In closing, no matter what unfolds, when or how, we should all realize that amidst the house of cards otherwise known as the financial sphere, an abundance of shocks lay in destiny's queue that will affect everyone's immediate and longer-term future.


As such, if you have yet to do so, there is no time like the present to take essential precautions.


Ten things you can do right now to buffer inevitable shocks of all shapes and sizes:


Additional Resources:

For the average long-term investor self-directing exposure to the S&P 500, Gold, and Silver, the Guardian Revere Trend Monitor is an excellent long-term market timing and alert-service with an outstanding record of accomplishment in keeping its members on the right side of long-term trends.

For active traders and investors, the Chart Cast Pilot takes it up several notches in sharing its programmed trades across all three time-frames in the major indices and amongst a basket of the most widely held stocks.

Let's go people, it's time to move toward that which best assures safe and PROFITABLE passage.

 


If you are not sure what kind of trader/investor you are, click here to find out which of our electronic trading-alert services might suit you best.

For additional information and verified performance statistics, click here, or here.

 

Back to homepage

Leave a comment

Leave a comment