We had a good run with Netflix, not so much with Apple.
Netflix – Sell
On July 30 we recommend Netflix and since then it’s gone up from $42.50 to $44.50 – about 4% in a few days. Not bad. We’ll sell it for now and then once it’s gone down significantly we’ll buy it again.
Apple – Sell
We also recommend Apple and since then it’s gone from $161.00 to $165.00 – about 2.5% in a few days. Not quite what we were hoping for but not too bad. Same as above we’ll sell it for now and then once it’s gone down we’ll buy it when it’s low.
QQQQ – Hold
The charts say it’s overbought so it might be a good time to sell but it may also go up on a wave of good news. So for the time being don’t buy, don’t sell. Hold if you have it.
ATVI – Buy (if you haven’t already bought it!)
We also recommend ATVI last Thursday – July 30th. ATVI was looking a bit iffy until today when it shot up 3.5% in one day. It’s looking like it’s headed up so I’d recommend buying but only for a few more days. After that it may be overbought.
Have a great Tuesday.
