{"id":29645,"date":"2018-06-13T09:47:21","date_gmt":"2018-06-13T14:47:21","guid":{"rendered":"http:\/\/www.t3live.com\/blog\/?p=29645"},"modified":"2018-07-09T12:29:55","modified_gmt":"2018-07-09T17:29:55","slug":"scott-redler-nflx-good-show","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2018\/06\/13\/scott-redler-nflx-good-show\/","title":{"rendered":"Can Netflix Put on a Good Show?"},"content":{"rendered":"<p><strong>Netflix <\/strong>(NFLX) was the first high-beta tech name to really break out and tell us the market could have some power.<\/p>\n<p>Today, it got a huge price target bump from Goldman.<\/p>\n<p>If it can stay above $369.83, it can show some power and create F.O.M.O. (fear of missing out) in names like AMZN, GOOGL, and FB.<\/p>\n<p>The bears want the NFLX strength to get sold, so let\u2019s keep an eye on it.<\/p>\n<p><span class=\"tve_image_frame\"><img fetchpriority=\"high\" decoding=\"async\" class=\"tve_image wp-image-29647\" alt=\"\" title=\"nflx 6_13\" data-id=\"29647\" src=\"\/\/www.t3live.com\/blog\/wp-content\/uploads\/2018\/06\/nflx-6_13.png\" width=\"1200\" height=\"800\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/nflx-6_13.png 1200w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/nflx-6_13-150x100.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/nflx-6_13-300x200.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/nflx-6_13-768x512.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/nflx-6_13-1024x683.png 1024w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/nflx-6_13-80x53.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/nflx-6_13-220x147.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/nflx-6_13-225x150.png 225w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/nflx-6_13-357x238.png 357w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/nflx-6_13-623x415.png 623w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/nflx-6_13-731x487.png 731w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/nflx-6_13-893x595.png 893w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/span><span class=\"tve_image_frame\"><img decoding=\"async\" class=\"tve_image wp-image-29614\" alt=\"\" title=\"ntnx 6_12\" data-id=\"29614\" src=\"\/\/www.t3live.com\/blog\/wp-content\/uploads\/2018\/06\/xntnx-6_12.png.pagespeed.ic.vvYsFsy5y4.webp\" data-pagespeed-url-hash=\"2889559018\" onload=\"pagespeed.CriticalImages.checkImageForCriticality(this);\" width=\"800\" height=\"700\"><\/span><span class=\"tve_image_frame\"><img decoding=\"async\" class=\"tve_image wp-image-29612\" alt=\"\" title=\"NTNX-5\" data-id=\"29612\" src=\"\/\/www.t3live.com\/blog\/wp-content\/uploads\/2018\/06\/xNTNX-5.png.pagespeed.ic.LI7D0vJ0k1.webp\" data-pagespeed-url-hash=\"883029779\" onload=\"pagespeed.CriticalImages.checkImageForCriticality(this);\" width=\"700\" height=\"700\"><\/span><\/p>\n<p>The banks are always in focus on Fed Day. I\u2019m in<strong> Bank of America <\/strong>(BAC) and I want to see the $29.75 area to hold. <\/p>\n<p>It\u2019s right around that now, and I want to see how the Fed affects it. <\/p>\n<p><span class=\"tve_image_frame\"><img loading=\"lazy\" decoding=\"async\" class=\"tve_image wp-image-29648\" alt=\"\" title=\"bac 6_13\" data-id=\"29648\" src=\"\/\/www.t3live.com\/blog\/wp-content\/uploads\/2018\/06\/bac-6_13.png\" width=\"1200\" height=\"800\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/bac-6_13.png 1200w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/bac-6_13-150x100.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/bac-6_13-300x200.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/bac-6_13-768x512.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/bac-6_13-1024x683.png 1024w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/bac-6_13-80x53.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/bac-6_13-220x147.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/bac-6_13-225x150.png 225w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/bac-6_13-357x238.png 357w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/bac-6_13-623x415.png 623w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/bac-6_13-731x487.png 731w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/bac-6_13-893x595.png 893w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/span><\/p>\n<p>Biotech\u2019s still in focus so let\u2019s look at <strong>IBB<\/strong>, which I\u2019m long as of this morning.<\/p>\n<p>It cleared $107.80 and $110.10 to hit a high of $111.29. Now I\u2019m going to see if it can hold $109.50 to keep the stair step move higher intact. <\/p>\n<p><span class=\"tve_image_frame\"><img loading=\"lazy\" decoding=\"async\" class=\"tve_image wp-image-29649\" alt=\"\" title=\"ibb 6_13\" data-id=\"29649\" src=\"\/\/www.t3live.com\/blog\/wp-content\/uploads\/2018\/06\/ibb-6_13.png\" width=\"1200\" height=\"800\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/ibb-6_13.png 1200w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/ibb-6_13-150x100.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/ibb-6_13-300x200.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/ibb-6_13-768x512.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/ibb-6_13-1024x683.png 1024w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/ibb-6_13-80x53.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/ibb-6_13-220x147.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/ibb-6_13-225x150.png 225w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/ibb-6_13-357x238.png 357w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/ibb-6_13-623x415.png 623w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/ibb-6_13-731x487.png 731w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/ibb-6_13-893x595.png 893w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/span><span class=\"tve_image_frame\"><a href=\"https:\/\/www.t3live.com\/blog\/active-trader-summit\/\"><img loading=\"lazy\" decoding=\"async\" class=\"tve_image wp-image-29605\" alt=\"\" title=\"active-trader-summit-14\" data-id=\"29605\" src=\"\/\/www.t3live.com\/blog\/wp-content\/uploads\/2018\/06\/xactive-trader-summit-14.jpg.pagespeed.ic.cjaDdX1ZWj.webp\" data-pagespeed-url-hash=\"244779903\" onload=\"pagespeed.CriticalImages.checkImageForCriticality(this);\" width=\"600\" height=\"275\"><\/a><\/span><\/p>\n<p>P.S. For the first time ever, Scott\u2019s teaching his unique method of game planning that could be your answer to trading frustration. <\/p>\n<p>And it\u2019s going down live:<\/p>\n<p><strong><a href=\"https:\/\/www.t3live.com\/blog\/active-trader-summit\/\"><u>Learn About the Active Trader Summit<\/u><\/a>.<\/strong><\/p>\n<p><span class=\"tve_image_frame\"><img loading=\"lazy\" decoding=\"async\" class=\"tve_image wp-image-29605\" alt=\"\" title=\"active-trader-summit-14\" data-id=\"29605\" src=\"\/\/www.t3live.com\/blog\/wp-content\/uploads\/2018\/06\/active-trader-summit-14.jpg\" width=\"600\" height=\"275\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-14.jpg 600w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-14-150x69.jpg 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-14-300x138.jpg 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-14-80x37.jpg 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-14-220x101.jpg 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-14-218x100.jpg 218w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-14-280x128.jpg 280w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-14-510x234.jpg 510w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Netflix (NFLX) was the first high-beta tech name to really break out and tell us the market could have some power. Today, it got a huge price target bump from Goldman. If it can stay above $369.83, it can show some power and create F.O.M.O. (fear of missing out) in names like AMZN, GOOGL, and FB. The bears want the NFLX strength to get sold, so let\u2019s keep an eye on it. The banks are always in focus on Fed Day. I\u2019m in Bank of America (BAC) and I want to see the $29.75 area to hold. It\u2019s right around that now, and I want to see how the Fed affects it. Biotech\u2019s still in focus so let\u2019s look at IBB, which I\u2019m long as of this morning. It cleared $107.80 and $110.10 to hit a high of $111.29. Now I\u2019m going to see if it can hold $109.50 to keep the stair step move higher intact. P.S. For the first time ever, Scott\u2019s teaching his unique method of game planning that could be your answer to trading frustration. And it\u2019s going down live: Learn About the Active Trader Summit.<\/p>\n","protected":false},"author":4,"featured_media":21349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[671,76],"tags":[],"class_list":["post-29645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-no-ads","category-scott-redler"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/29645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=29645"}],"version-history":[{"count":4,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/29645\/revisions"}],"predecessor-version":[{"id":31158,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/29645\/revisions\/31158"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/21349"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=29645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=29645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=29645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}