 Okay, good morning everyone. This is Melissa with the stockswush.com. I'm doing a review here of Netflix I'm in the room live and I thought I'd do this review here of Netflix last week last week. It was Wednesday It was Wednesday Wednesday I was talking about this and I really really really really really knew the Netflix would get up and I said It was gonna be medium or big medium meaning 375 to 385 ish But in an ideal world Netflix gaps up to 400. Actually, that's what it did Not only did they do that it actually gapped and continue just Getting bought like everywhere all the night before the morning everything Netflix actually opened almost at 415 When I went to bed at night was at 404 that night and the morning that it opened at 414 64 that is beautiful Now in the room that day I said there wasn't anything to do with this You can't go long this here. It opened a reverse swush. I'll go. I'll talk about that in a minute Also, these bars make no sense something's going on here with this They're didn't really close like that. They were bullish those two days and the mark on Netflix did actually Really got neutral up a little bit today. It is rally Actually this morning when I looked at Netflix, it was over 440. Let's just look at the pre-market in ethics this morning It was over 440 this morning. Netflix hit the first target for a longer-term strain On Friday for those of you that were in here. You got it And or that were signed in for the swing trade letter. You got it. I did call netflix as a swing trade This was a great call those numbers in there every single one of those numbers in that netflix swing trade letter will be hit this year I guarantee it so for those of you that signed up the people everyone that's here in the room If you did this trade did anyone do this trade long-term? I know it's expensive But if you did this trade, I am telling you this is going to be this could be your best trade of the year This could be your best trade of the year if you're willing to hold it's a dream target I'm telling you right now. Netflix will get to the dream target this year. It is almost at 500 You didn't do it. You didn't do it. Look, this is almost a this is almost a 450 It's like hitting the fact that this is hitting every target. I wrote in the letter and within days Gives me a hundred percent conviction that it is going to get to the dream target This is going to get to the dream target this year. It is hitting every single solitary number I got in days and days. This is hitting it. This this this is so rare I can't tell you how rare it is that this would hit these kind of targets this fast Okay, that is bullish. It is strong. This is moving ahead of the market All right, this is probably the long netflix between the entire year In fact, it is this is a low netflix from the entire year Not that if it breaks it it doesn't flip around again, but I don't think that happens. All right Did anyone do it philip didn't do it anyone else? Jaguar paw Anyone that subscribed to the swing trade letter you're trying to tell me that nobody did it Geez, this is this is this is probably going to be again with a market The market's going to be the best swing trade I had and this too. It's going to be tie tie for this as far as the call And really the swing trade letter is going to have a lot of bullish calls this year It's just is because things are going to set up like this So let's go look at how it did it on the day that got I was in the 22nd And you couldn't have done anything with this and I knew people were going to try to fade this But there was no money to be made and it's a fade netflix open and reverse swooshed immediately You would never never have bought this on the day But you wouldn't have shorted it if you wanted to short it here was the entry It had no risk to reward if you shorted this here into four on nine the stop was massive It was a three dollar stop. Would you have made any money? No, you wouldn't have you wouldn't even made two hours You would have scouted and made one hour and actually when you came down here in this picture one green You probably would have killed it. I know Brett would have killed it So there was no money to be made in this fading it or shorting like people do and how can you possibly short Something I mean cbd was asking about this last week and then talking today about the mat You you you just you cannot go against power of money. Look at the stock right now There was nothing that this was going to do to change what this did then on the day It would have been a better intraday long if it had opened when I went to bed the same price in the morning But that was like probably completely unrealistic because it was so massively strong that it was just going to do anything It wanted until the open And then obviously people looked to pay this on the day they're traders You couldn't have made any real money Risking a dollar to make a dollar risking a dollar to make a dollar 25 and a stock of a strike price at 400 something Is really insane that is insane to take a trade with no risk to reward at a stock that costs this I don't even care if you're trading with leverage. That's crazy And to trade anything that costs this much against this trend here is crazy And that's another reason why this idea of shorting the spy which is not cheap and the q q q's which is not cheap It's a cost more than a hundred dollars. Okay, and I don't even care if you have leverage To go against positional trends like this and very expensive things It's just flat out risky Also, look at the spread in this That thing's usually has a 30 cent spread So and you got to be familiar with this to trade it Anyways, I just chuckled it myself when I got up this morning and when I saw how I traded on friday Just power power power power power chanted friday this morning was up over 440 You know, you you couldn't even bought this today made money. Yes, didn't really have the correct setup in here It would have been better by actually in the last two days, but it's just higher I mean, I wouldn't even be surprised again We have to see what microsoft does tonight and that'll tell you what the market's going to do in the morning Where it gaps I I wouldn't be surprised if netflix caps up again tonight I'm netflix could gap up tonight at 450 or beyond I wouldn't even surprise if netflix doesn't get to 450 today but gaps up to hit the next target Which was 450 and this thing is just a beast It's a monster netflix in the month of february which is calling you to bullish anyways We'll hit up over 500 and I don't remember when the earnings are out on this for the next quarter But uh netflix actually I is not even going to wait for that. I mean, so this is not even going to wait for that to hit up on for the next number So we did talk about this before when this gap down here in october it got down and was a failure Was the gap down failure? Did that mean it was going to? Uh correct itself immediately. No, did it? No, not really But this basically did hold and this really wasn't what I would consider bearish and that's why I really I just knew I just knew this would do it and Keith had asked me over the weekend in the class. How did you know? I can't even tell you how I knew but I know and I'm telling you that netflix is going to 750 this year And I know that too and that number isn't on the chart. It's nowhere here But I mean as soon as I saw this this morning as soon as I saw this this morning when it did the last two days Because I didn't trade on friday. I said, oh my gosh netflix is really going to go to 750 this year I mean if you did this call in here, you're actually going to double your money in the stock. It's very expensive It's so expensive. I know it. I know it But this is actually going to double this is it's not just this There's going to be other things too because of the market because of this year because of the way the market's Going to run and I said this also last year too when we talked about it The market is going to have a move that is not going to double But it's going to go like 30 forward, which is Massive for the market to go it run in a year's time Market's going to make a 30 jump by the end of the calendar year So stocks and we talked about this some stocks are going to have 50 Jumps are basically going to double their money in this calendar year with that kind of market And that that is what things are going to do That's what i'm talking about about huge opportunity now to the for the point of the gaps for the day trading That's going to mean volatility because anytime something like if you were in this like saying you were in this and you took this And saying you're in this and you took this and it gets up to 500 you have a lot of money you made for 100 dollars You're singing and dancing and then the market has a red day and you get scared or netflix has a red day And you get scared and you don't know what I know about gaps you take it out You sell your position you sell it and this is how the whole year is kind of going to go down Then you're going to sell it and and netflix could have a big red day Okay But then it's going to continue, okay So that's what's going to create the volatility for things to move the volatility is going to be of both directions and everything All right, but it doesn't mean this thing is not going to hit the number or the market Because anytime people are up a lot And this this doesn't make any sense, but I know how people think sometimes people are in fear even when they're up It's bizarro world But you could be up a lot of money and it fear that you if you don't get out You're going to lose it and you could actually exit a beautiful fabulous perfect position That's not doing anything wrong and this is what people want to do this year I'm just they're ready to do it because they're in fear So you can't be in fear you can't be in fear when you're down You can't be in fear when you're up and you can't be in fear. We're just sitting here doing nothing Fear is going to create actually red in the market this year that's going to flip around on top of itself People could be up money and in fear and this is how the market is Okay, this is what makes a market. This is what makes the volatility sometimes happen in the opposite direction Fear-based even people are profitable more so when they're down, but same actually no, no, that's not even true That's not even true. You could be up or down and the fear-based panic could be the same You could be up and in panic Now think about that Exit of sense The stop isn't miles away. The stop was valid But again, you have to be willing to take this kind of risk for someone like you Philip It probably wouldn't have been the right thing for you to do because you've taken and killed the qqq's long 55 times And that wasn't even a big stop. So I think you've got to practice this more. We're going to go over it Uh, but this is really I guess this really is for You know, this is for the big boys here That's that's for sure. But I'm telling you right now There's not going to be a million things that do this like this this year the Dublin price But there is going to be some there is going to be some and there's going to be some and they are going to be Trades that actually can make your whole life Basically if you've got the money And this is one of them This is just one of them And this is where actually it really pays to have a lot of money You know, you know, and then here here they always say well people that are rich always make more Because they can risk more they have more It's not necessarily in day trading because you're taking the position on leverage and you're in and out We do a lot of things in cheap price points and we do so much more than anyone. I know Not in the penny stocks. I'm talking, you know, seven eight ten nine dollars and things up into 35 40s But and that's realistic And they can still have good moves but You know, so for day trading you can have a small amount of money and trade to make money because it has to do with the stock But in reference to something like this and holding this overnight or even doing this since you're dead It really does pay to have a big account And this is the kind of thing where you can say well, it's easy if you're rich It's easier to get richer and in the case of netflix the answer is yes I'm talking about when I say big boy, I don't mean an adult. I mean somebody that's like a heavy hitter I mean a heavy hitter player in the market I mean somebody that just is just grinding it out You know, like heavily hitting stocks with major major positions Like playing the kind of things that surf dog likes to do which I just never touch because there's no reason to Wait a minute. Let me go find that this isn't going No, what's the one he does what's the one he does I can't think of it This one and surf dog is on here today. Well, let's just take a look at that And again, there's probably more people doing options kind of trades in this than day trade shorts And here where people are short this now Traders are short this now and it's not as short. It's not as short at all Target for this this year is at least 1500 and I think gosh, you know, how could that be? It's 500 dollars away, but I'm telling you something like this can gap up 200 dollars 300 dollars overnight This is this is another one. This is the big boys trading this thing But I'm telling you there are people and options in this and they're shorted and I can see it I can see it in the traipsing down in here and this thing isn't a short This is what I'm talking about. Who day trades this as a day trade equity You'd be massive account or you don't do it and I don't even have any feel any need to do that But I'm just saying look at this This really didn't have a correct clean setup in it today Well, you could have taken on the one minute You could have waited till 10 o'clock wait to the intraday trend set you could have done it around 10 o'clock You it's just a little slap in here. You'd really have to give it a big stop Here was a clean entry at 10 30, but this is late if you wanted to do it around 10 you could have done it in here This is even going to pay today but It was a late setup This is now over the pre-market high here This could get to 450 today. Let's look at the market quickly. Does anyone have any questions about Netflix? Does anyone have any questions about Netflix? I think there's a lot to learn here in reference to bullish gaps There's a ton of to learn here reference to bullish gaps And I forget who asked what last week when we saw that gap when it gapped up to 415 or I forget But I know and trader got was talking about this this morning about what other rooms do I know that Rome shorted that Netflix on the gap last week I know that other trader rooms did that and I didn't do that and I didn't tell you to do that and point In fact, you're why so I mean this is exactly why you don't ever trade against power money. You just don't do it It's a disaster. It's a disaster. I talk about filling the gap Wasn't it did Netflix fill the gap? Did Netflix fill the gap when it came in and put through us week on Thursday after the earnings after gapped up And was ready to fill the gap now There's no filling gap anything and I really wish you people wouldn't talk like that I'm trying to train you not to talk like that But I know that people talk like that. They did not fill the gap It was not going to be a short down to 380 375 363 anything And and I tell you in an ideal world Netflix gapped up to 400 for an immediate buy And that's what I said in the Wednesday, but I really thought medium medium 375 385 was very realistic 100% conviction on that by an ideal world and an ideal world when you know what's going to do when it does it What do you have holding you back? It's like you have nothing holding you back nothing And that is how the market's going to be this year when you see things when you see them No chance of failure You do them There was no chance of failure that Netflix wasn't going to get up And actually once it gapped up over 400 or at 400 no chance of failure that this wouldn't run up and make new highs And it's doing it and this is going to do this before the next earnings Okay, this is going to do this before the next earnings come out Okay, because this was the earnings here for the first quarter for the january I have no idea when the next ones are but it's not for months so Anyone have any questions about anything else anyone have any questions about Netflix at all any questions whatsoever It's an interesting chart It it just gives me a lot of conviction when I look at things like this and this once again Is why you you look at something and you read something, but you still have to have it set up on the day Netflix rated good as a bullish gap. I knew it. I knew it I knew it But could you have traded on the day and go along the day the answer is no you couldn't have you couldn't have done it And is still following through So as a day trader you have to look at everything together and still stood the setup in live time That's why you have to be actually enough in touch with yourself to not be so stuck on something Even if you like it even if you love it that you do it anyways Even if it doesn't set up because you're like, oh my gosh, I know this gap. I know this good gap I love this gap, but you still have to have this setup You still have to have this setup So if you don't have the setup you won't make money in today But Netflix is a good long in the longer term and in the shorter term and in the shorter term and the longer term There's nothing wrong with this year But going back to talking about the volatility. This is going to be one of those years Well, you'll see volatility in lots of things including the market It's not going to be one directional the overall trend in the market is higher But the volatility will happen in both directions and swiftly when it does which will make for good profits and day trading All right, but I'm not shorting Netflix. No one shouldn't even if it goes red tomorrow. No one should short it This is really really really really really really really strong All right, this is Melissa with the stocks wish.com. If you have any questions email me at melissa at the stocks wish.com