Stocks This Week: Sell Short Netflix And Buy Blackrock – Forbes

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The S&P is likely to consolidate in the coming week.

The Netflix weekly cycle tops now. September has tended to be a flat month for the stock. There have been six signals and all have been profitable in the last year. The daily and the monthly cycles are also falling. September 6th has been the high day of the month in September. The stock is overbought daily and relative strength has been weak. The stock is likely to retreat to the $560 area.

Chart 1:

This cycle points to lower prices.

Cycles Research Investments LLC

Chart 2: 

This stock is overbought and due to correct.

Cycles Research Investments LLC

The Blackrock weekly cycle turns up; the stock is a buy. All six buy signals have generated profits in the last year. The daily and the monthly cycles are also rising. Relative strength has been in an uptrend since 2019. The share price is due to reach the old $960 high.

Chart 3:

This accurate weekly cycle points to further gains.

Cycles Research Investments LLC

Chart 4:

Relative strength has been strong.

Cycles Research Investments LLC

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Bill Sarubbi

I bought my first stock in 1966 and then obtained my BS in banking in 1971 and MBA in corporate finance in 1972 from NYU. A study cycles began in the same year. A 9-year