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Morning Call Express: Taxing Times

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In today’s Morning Call Express, Scott Redler talks about yesterday’s action and, once again, reviews the SPX and some of the scenarios that he is looking for as we start the final quarter of the year. He also talks about some of the action in individual names like TSLA, NFLX, AAPL, and some new issue names.

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Scott Redler’s Chart Attack: AAPL, BABA, NFLX

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Want to Start Earning Bigger, More Consistent Profits? Dave Green can show you how! Check out the charts below of AAPL, BABA, and NFLX with my analysis. AAPL: See if it can hold $107.50 for a move above last week’s highs to $110-$112 resistance. BABA: Gave us a nice pre-earnings trade noth of $85 and a better options play into earnings. NFLX: Has been lagging but we saw some insider buyers. The pattern is tight and if it can clear $97-$97.75 with authority, maybe there is a trade back to $101, then $105ish. I’d use $94 as a stop. Disclosure: Scott J. Redler is long AAPL and NFLX

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