Monday, April 20, 2015

5 Things I Learned on the Way to an 1,100% Return on Netflix Inc. Stock: NFLX

This week's surge pushed my Netflix (NASDAQ: NFLX  ) stock investment over an awesome milestone: the return passed 1,100%.
Or, to put it in Foolish lingo, "After Thursday's spiffy-pop, Netflix is a 12-bagger for me."
Sure, it's only a paper gain since I haven't sold any shares. And it could drop right back down in a few trading days. Still, the jump got me thinking about what went into this super return. So here are five things I learned through investing in this stock.
1. Think really long termBy the IRS' definition, long-term investing requires holding a stock "more than a year before you dispose of it." In my case it has been nearly seven years (and counting) with Netflix, and no disposing whatsoever. (more)

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Stocks To Watch: GOGO, ONCY, SONS, ROSG, EYES, ZIOP, ARNA

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Gogo Inc (NASDAQ:GOGO) made a new 52 week high last week spiking up to 22.05 and surpassing the previous high set in March. The stock has had a very strong move from the mid-January low and remains in a strong uptrend on the daily charts. Yesterday's drop on low volume should not be interpreted as the start of a sell-off. Might form a cup and handle pattern here. MACD and A/D both signal positive strength and accumulation. The stock is trading above all major EMAs, also a bullish sign.

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Oncolytics Biotech, Inc. (NASDAQ:ONCY) The stock Friday surged 10% or 7 cents to 76c per share on high volume as the company announced that the U.S. FDA has granted an Orphan Drug Designation for its lead product candidate, REOLYSIN, for the treatment of malignant glioma. From a technical standpoint, the stock seems to have broken a falling wedge pattern, which often precedes reversals. In addition, technical indicator MACD is on the cusp of a bullish crossover showing the stock is heading towards a bull market. The 14-day RSI is also back above 50. Yesterday's good news should push stock prices back up. Im long with an initial target of 93c then 1.10.

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Sonus Networks, Inc. (NASDAQ:SONS) has seen a massive drop in share price and I’m starting to see more evidences on charts, supporting the idea that a bounce here is becoming likely. With the daily momentum indicators showing positive divergences I think a push to $8.90 or better could be in the making. Be patient.

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Rosetta Genomics Ltd. (NASDAQ:ROSG) Price targets are rising again and the stock got two upgrades last week, from Zacks ($13) and Cantor ($5.50), both buy ratings and estimates are on the rise. I expect more in the coming weeks. The stock closed the week above the pivot at $3.84. Further strength cannot be ruled out now.

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Second Sight Medical Products Inc (NASDAQ:EYES) The potential for this company/stock is enormous IMHO. From my point of view, their revolutionary products could create meaningful shareholder value in the next months. The company has a dominant patent portfolio with nearly 300 granted patents and over 150 pending patent applications and has no direct competitors in its niche. From a technical standpoint, the bulls remain in control with price trading above all key EMA's while MACD still in a buy setup. Im long.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) The stock resumed a fresh up move after basing for two weeks and seems poised for a breakout above the 12.20 level. The recent high volume activity along with positive crossover of MACD on the daily charts suggest fresh buying interest in the stock. This will be a stock to watch next week.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) The stock has been trading sideways for the last few weeks and is showing signs of bullishness. The MACD had a positive crossover last week and the RSI remains in buy mode that supports the positive momentum in the stock. Buy signal: When stock breaks $4.79 on volume.
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Yelp Inc (NYSE: YELP)

Yelp Inc. operates a platform that connects people with local businesses in the United States. Its platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories. The company provides local advertising services, including free and paid business listing services to businesses of various sizes, as well as enable businesses to deliver targeted search advertising to large local audiences through its Website and mobile app. It also offers brand advertising services comprising advertising solutions for national brands in the food and restaurant, automobile, financial services, logistics, consumer goods, and health and fitness industries that want to improve their local presence in the form of display advertisements and brand sponsorships.
Take a look at the 1-year chart of Yelp (NYSE: YELP) with the added notations:
1-year chart of Yelp (NYSE: YELP)
YELP has been on an overall decline since its September peak at $87. And during the first 9 months of the chart, you cans see that the stock had also created an important level of support at $50 (green). Once the stock broke that support lower prices followed. YELP is now back up at the $50 level, which should provide resistance for the stock.

The Tale of the Tape: YELP broke a key level of support at $50 and has now rallied back up to it. A trader could enter a short position at $50 with a stop placed above the level. However, if the stock were to break back above the $50 level, a long position might be entered instead.
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Four Ways to Play Shrinking Oil Storage: The Guggenheim Shipping ETF (NYSE: SEA), Koninklijke Vopak NV (OTC: VOPKF), Oiltanking Partners L.P. (NYSE: OILT), Magellan Midstream Partners L.P. (NYSE: MMP)

Some highly leveraged oil exploration and production companies are scrambling to stay afloat right now.
Others have put themselves on the market, hoping to merge with larger, better-capitalized rivals.
There are, however, a few players in oil making money hand over fist. They’re doing it by dominating an obscure corner of the energy market…
I’m talking about oil storage.  (more)

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US Weekly Economic Calendar

time (et) report period ACTUAL CONSENSUS
forecast
previous
MONDAY, APRIL 20
8:30 am Chicago Fed national activity index March   -- -0.08 (3 mo)
TUESDAY,  APRIL 21
  None scheduled        
WEDNESDAY, APRIL 22
9 am FHFA home price index Feb.   -- 5.1% y-o-y
10 am Existing home sales March   5.07 mln 4.88 mln
THURSDAY, APRIL 23
8:30 am Weekly jobless claims April 18
293,000 294,000 
9:45 am Markit PMI flash April   -- 55.7
10 am New home sales March
510,000 539,000
FRIDAY, APRIL 24
8:30 am Durable goods orders March   1.0% -1.4%
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