loader image

Netflix’s $15B Buyback, Earnings Beat Sparks Tech Surge: Can the DIA, IWM Keep Up?

by | Jan 22, 2025

Stocks are up premarket, but we still have some vulnerabilities in non-tech sectors like the Dow and Russell 2000 — so there’s a big question market in blue chips and small caps.

If that continues, it will begin to weigh on the Nasdaq as well, which is up strong, about 1% ahead of the open.

Tech is getting a boost from very strong earnings from Netflix (NFLX), 3M (MMM) and Schwab (SCHW), which all had beats.

Netflix also raised its 2025 revenue guidance, which is always great news for a stock, and it also announced a $15 billion stock buyback program.

There’s also renewed optimism around AI, which could provide even more of a tailwind to tech and chip stocks.

We have full clearance in the Nasdaq 100 (QQQ) right now with minor resistance above — keep an eye on the $531 level. I want to see us break that and then march on toward all-time highs. 

The S&P 500 ETF (SPY) is almost at all-time highs and it could come right back down. But if it can break through the $606 level, it can easily set a new high.

I would also keep my eye on the Dow to see if it can hold up…

I’ll cover all that, my daily hitlist of longs and shorts and more in this morning’s “Premarket Must Watch” video!

Roger Scott
Roger Scott Trading

Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!

Important Note: No one from The TradingPub team or Roger Scott Trading will ever message you directly on Telegram.

P.S. LIVE AT 1 PM ET: My Weekly Cash Flow Hitlist and More!

Is CHOPPY the new normal?

I’m sure you’ve noticed the market has been anything but smooth lately. But what if I told you there’s a way to profit from this choppy environment?

Join me for CHOPPY MANIA at 1 p.m. ET today, Jan. 22, when I’ll reveal my “Fragmented” Weekly Cash Flow Hitlist — a strategy that targets high-potential income even in these unpredictable markets.

Here’s what you’ll learn:

  • How to navigate volatile markets without losing your edge.
  • My Weekly Cash Flow Hitlist with stocks that are poised for profits, even when the market’s all over the place.
  • Live insights on how you can target extra cash flow this week using my proven strategy.

I’ll be going LIVE today at 1PM ET, and you don’t want to miss it.

See You at 1 PM ET!

WRITTEN BY<br>Roger Scott

WRITTEN BY
Roger Scott

What to read next

Have any questions? Contact Our Customer Service Team

Share via
Copy link