Stamps.com lands deal with UPS, stock shoots more than [UPDATE: 24% ] higher in after-hours trading.
I've seen this stock get over-hyped and overvalued really fast before. The result? Refer to July 2018 to May 2019 price action. You be the judge!
$CMG is another good candidate for a spread play going into earnings tomorrow. At the moment, it is hitting mid-term resistance around $852 - 857, with potential wiggle room to the upside going north of $900. The downside potential; however, is far greater ranging from $807 to $779. Will reassess this tomorrow depending on the IV and Theta for a spread...
BTO $MCD Iron Butterfly ibb.co - $475/contract credit.
The goal is to buy this back at $100 or less one hour into the open tomorrow. Provided that $MCD stays within the 202 - 217 range, this will pay off after the IV crush and theta decay have played out.
Currently going through heavy resistance around SPX 3000. Watch out for false breakouts. If we do go higher, I would require heavy trading volume, convincing green candle, and an hourly close above resistance.
This is a lotto play on NFLX. Currently in NFLX 10/18 285P. The target profit area is $252.28 which is the 9/24 low.
Based on Zacks' prediction, there will be a Earnings ESP of -2.09%. This means a negative earnings surprise. Historically speaking, NFLX hasn't performed the best during Q2 ER albeit mixed results looking over a 5 year trajectory. In addition, NFLX...
Referenced the idea from the Oct/Nov 2015 rally to now (Feb/March 2016 rally). If this heavily manipulated market holds true, we should rally higher into overbought territory - disregarding the overbought part. We'll see, this is speculative at the moment.
Doesn't take an expert to see that this is a bullish engulfing candle. This means that USO has a high probability of going higher after months long of pullback. Short term resistance is at 19.95. Mid-term is 22.19.