Tuesday, July 23, 2013

Tuesday, July 23 pre-mkt outlook

The /ES is trading around 1693. It closed yesterday at its overnight low of 1690. It hit an overnight high of 1695. The 10yr is trading around 2.51 after closing yesterday at 2.49.

$NFLX came out with earnings yesterday afternoon. The earnings weren't bad, but the outlook was somewhat of a disappointment. The stock closed at 262 and looks to open at 254. It hit an ETH low of 234 right as earnings came out, a more sustained low of 240 at 1650. It hit a high of 256 at 1942. I would put on a strangle today if this was a Friday.




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