Trading Ideas Section

SUMMARY NASDAQ down 0.7%. SNAS set for a good start. Selling all Ideas save for SNAS. Loathe to cut ALL so soon but too much risk and uncertainty to carry on. On that vein selling the two oil exposures as well. Locking in a solid profit for WDS and no damage done for KAR. USD…

Pre-Market Report – Netflix Exceeds Subscriber Targets, Yet Signals Caution for Upcoming Quarter

US equities tumbled overnight, extending Wednesday’s losses finishing just off worst levels. The Dow underperformed its peers, falling 533 points (-1.29%), snapping a series of consecutive record highs. Up 178 points at best. Down 601 points at worst. Rotation out of mega caps continued, with the S&P 500 falling 0.78%. Healthcare was the worst-performing sector, while…