The major indexes were up Friday morning, with the Nasdaq bouncing on reports from Netflix and Google parent company Alphabet — and more in Friday’s stock market recap.

Netflix Inc. (Nasdaq: NFLX) missed on earnings estimates, but posted more new subscribers than expected for the fourth quarter. The news sent shares up 7% in premarket trading.

Alphabet Inc. (Nasdaq: GOOGL) also rose in premarket trading, moving up 3% following reports that the company will lay off 12,000 employees.

CEO Sundar Pichai commented that the company “hired for a different economic reality than the one we face today.”

In this morning’s stock market recap video, I’ll discuss whether I’d rather be a buyer or a seller right now… which index appears most vulnerable… how earnings are impacting this market… if the Federal Reserve is ready to pivot… key levels on bonds… which sector I want to avoid going long now… where the most vulnerability exists…. Plus an update on earnings and what to expect next week!

Don’t forget to like, subscribe and leave your comments and questions on our YouTube videos — we will respond!

P.S. The Market Shift That’s Turned Stock Trading on its Head

There’s been a huge change in the markets lately.

You’ve probably felt it in your own trading.

It used to be that stock prices pushed around the direction of options…

But for the first time ever, we’re seeing so many options contracts being traded… options are pushing around the underlying stocks!

It’s getting to the point where it may soon be more important to analyze options data than the stock itself to forecast potential opportunities…

And to be completely honest — this is a huge shift that most traders have no idea how to handle.

But Jack Carter has teamed up with Celeste Lindman to share a single, critical stock that could see huge upside from this major change.

And they’re going live at 1:30 p.m. ET today, Jan. 20, to share how you can get ahead of the curve and take advantage of this seismic shift.

Watch Their Presentation Here 

P.P.S. When it comes to trading, every second counts. And in choppy markets like these, often driven by headlines, stocks can make big moves in a flash.

That’s why I want you to get my latest trading ideas and market updates as fast as possible. So I’m rolling out an all-new option for my students to receive trade alerts with Telegram!

Telegram allows me to get trade ideas, videos and watchlists to you in a matter of seconds.

Check out this short article we put together with instructions on how to download telegram and access my private channel. Go here to get the details. 

On Fridays, we’ll review the week that was… We’ll discuss how our trades did, what we learned and how to apply it to next week’s trading plan, and any developing trade setups. This video will put a bow on the week. We’ll also go over winners from my different member strategies.

Need help understanding some basics that we discuss frequently? Check out some of our educational pieces to help get yourself up to speed! Have a question or a topic you’d like us to explain in a future article? Send your thoughts to [email protected]!

Check back each morning for the Roger Scott newsletter and the most important news and numbers in the WealthPress stock market recap.