Well, the day is finally here, today will mark President Trump’s last day in office and the begin the next chapter of US Presidency with Joe Biden. Markets are currently green across the board as we prepare for this all to take place and get finalized. Overnight we saw NFLX explode higher as the reports showed 8.5 million subscribers vs 6.47 expected. NFLX is also reporting to break even on cash flow this year and has considered share buy backs. NFLX is currently up 13% on the news. We alerted a play back in December for NFLX which we are currently still holding and with todays move stand to profit nicely.
TSLA is currently up 1.50% and will probably continue a move up with Biden coming into office and being heavily involved with alternative energy. TLSA also received a hefty price target increase to $1,036 which is in line with my prediction on the year of $1,000. AAPL has begun its normal movement going into the ER which is steady and flat and burning through premiums. AAPL is set to report on 1/27 and a lot of speculation is coming into play regarding AAPL as multiple reports have been coming out about the extremely high success rate of the IPhone-12. Now over the years AAPL continues to evolve as a company and their services have increased revenue.
This quarter should be interesting being the success of the IPhone-12, larger service usage due to the pandemic and more people being home and using their phones, and finally the Apple Car announcement. This could be a wild ride and I am ready for it. I am slowly adding with profit to my Jan-2022 $200 Call. TSLA I am expecting a move over 857.81 today and with targets are 862.13, and 871.92 Bottom Targets 850.01, 844.16 AAPL we need to break 128.82, Target is 130.04, 131.24 and bottom Targets 128.09 and 127.03 SPY- Top Targets 381.23, 382.45 Bottom Targets 379.39, 377.06
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*Please note: Elite TradeZ LLC is an online platform for chats, education and alerts. All information here is for educational purposes only and are opinions made by the author. These are only suggestions of the author and not financial advice or solicitation to buy or sell equities. Trading stock and options require a high degree of skill and high level of risk. Please contact your financial advisor for any questions you made have.