SPX Stocks Clearing This Key Trendline

Netflix's subscriber numbers are the talk of Wall Street this morning

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Schaeffer's Opening View
4/21/2021
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Stock Futures Eyeing Another Dip into the Red


By: Fernanda Horner

Stock futures are inching lower this morning, after all three major indexes dropped for a second consecutive session yesterday. Futures on the Dow Jones Industrial Average (DJI) are slightly below breakeven, while futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also eyeing a move into the red. The tech sector so far seems wary of Netflix's (NFLX) premarket losses stemming from a slowdown in subscriber growth. In other news, a jury found former police officer Derek Chauvin guilty on all three counts of murder and manslaughter in the death of George Floyd.

Continue reading for more on today's market, including:

  • Schaeffer's Senior Quantitative Analyst Rocky White dives into the SPX's impressive run.
  • Whirlpool stock is fresh off a record high ahead of earnings today.
  • Plus, VZ set to dip despite quarterly win; more on NFLX's subscriber growth; and Moderna pens new Israel vaccine deal.
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