Bullish Outlook for S&P 500 and NASDAQ 100 | Meta and Netflix Gain Momentum

TLDRS&P 500 and NASDAQ 100 show bullish signs, with key levels being surpassed. Meta (formerly Facebook) and Netflix experience positive momentum, reaching their respective targets.

Key insights

📈S&P 500 and NASDAQ 100 are bullish, surpassing key levels.

💼Meta (formerly Facebook) and Netflix show positive momentum, reaching their targets.

💰Netflix beats EPS and Revenue expectations despite expected slowing subscriber growth.

📊Volume remains low in the market, signaling cautious investor sentiment.

📉Bitcoin needs to hold above $64,000 to maintain its bullish outlook.

Q&A

Why did Netflix drop despite beating EPS and Revenue?

Netflix dropped due to expectations of slowing subscriber growth.

What are the key levels for Meta and Netflix?

For Meta, the targets are $462 and $469. For Netflix, the targets are $592 and filling the gap near $600.

What is the volume like in the market?

Volume remains low overall, indicating cautious investor sentiment.

What level does Bitcoin need to hold to remain bullish?

Bitcoin needs to hold above $64,000 to maintain its bullish outlook.

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Timestamped Summary

00:00The S&P 500 and NASDAQ 100 show bullish signs, surpassing key levels.

01:40Meta and Netflix perform well, reaching their respective targets.

04:02Netflix beats EPS and Revenue expectations despite expected slowing subscriber growth.

06:08Volume remains low in the market, signaling cautious investor sentiment.

08:00Bitcoin needs to hold above $64,000 to maintain its bullish outlook.