Single stock ETF's - Netflix earnings - Market is crazy - 7-19-22 Market update

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I talk about how the S&P is now trading under it's 50 day moving average for 60 days in a row - not seen since 2008. So we are in a prolonged downturn. 

$TWTR - lawsuit about the timing of the lawsuit with Elon happens today 

$TSLA - triangle pattern - danger may be ahead - or it's a pop - but I would be leaning towards danger. Don't be afraid of missing out - just stay away until we have a direction from earnings. 

$AAPL - tanked the market today and showed their hand on earnings IMO. They will slow hiring and spending in 2023. I think them, $IBM $JNJ earnings will all focus on the strong dollar as a weakness in guidance. 

$BOIL - slight pullback - but nat gas is still strong. 

$UCO will pull back on the daily - but it's still strong. 

$TQQQ may be up today - but I do think $SQQQ is your play for a weekly basis. 

$NFLX - it's a coin toss but the options market is indicating a 15% move up or down in the stock with earnings. They have enacted a password sharing fee in South America so this may help revenue, but won't help with increasing subs. $NFLX and $ROKU become targets at some point for a larger merger (think $CMCSA or $AAPL) 

$IBM - down on free cash flow disappointment 

$ETHE way up - almost 30%

$BOIL - up 75% with the algo buy in at $43

Single stock ETF's - $TSLQ $NVDS $PYPT $PYPS - interesting but nothing I would trade right now.