Three Megacaps to Watch Today
Hopefully you signed up to see my Beat the Bear Market event – linked directly to your email.
If not, I’ve heard wind of a rebroadcast happening later today…

First up, the one and only Apple Inc (NASDAQ:AAPL).
I’ve been watching AAPLall week, because…
As AAPL goes, so goes the market.
And currently, AAPL is getting a little pop – now trading at $152.88…

Image from wallstreet.io
I am expecting to see a push toward $155 before AAPL drops again – giving us an opportunity for a short-term bullish play.
But I’m not only focusing on AAPL today..
Here are two more big names I am watching, and how I’d play them…
Netflix Inc (NASDAQ:NFLX) posted great earnings (EPS were up 8.60% for Q2), but the stock moves aren’t reflecting this fact.
And heading into earnings, I feel bad for anyone who is still long NFLX… because it’s looking pretty ugly.
NFLX is currently trading at $211.76…
Image from wallstreet.io
I would look to fade NFLX here if I can find an inexpensive way to short.
Lastly, Walt Disney Co (NYSE:DIS) is blasting higher into earnings… now trading at $103.08…
Image from wallstreet.io
I wouldn’t hold any options THROUGH earnings (scheduled Aug 10) – remember trade TO it not THROUGH it – but if I can catch a cheap call, I might. I do expect to see a move higher over the next few days.
Until next time,
Mark Sebastian
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July 20 2022
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