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Market Pulse: Netflix Staggers After a Bearish Gap
David Russell
November 10, 2020

Netflix was an early beneficiary of coronavirus as stay-at-home orders boosted demand. That makes this week’s news of potential vaccine success from Pfizer a clear negative. NFLX has other issues. In particular, a bearish gap on October 21 after …

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About the author

David Russell is Global Head of Market Strategy at TradeStation. Drawing on nearly two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them appraised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.