4 ms·
After hours trading almost always means nothing. Ignore such headlines. Reality takes place during normal trading hours. After hours is for amateurs. If you wa
by icantthinkofone 12y ago
After hours trading almost always means nothing. Ignore such headlines. Reality takes place during normal trading hours. After hours is for amateurs.
If you want to get stupider than this article, I've seen some stocks trade down 50% after hours but open normal the next day.
Besides, the whole market took a nosedive today.
Means nothing.
- minimax 12y agoThat is true in some cases but not for NFLX today. You should pull up the chart. Volume in NFLX exploded after the earnings announcement.
- icantthinkofone 12y agoAny chart you pull up is not for after hours trading. Note that, while you agree what I said is true for most cases, I was downvoted. What is this? Reddit?
- minimax 12y agoGo here https://www.google.com/finance?q=NFLX https://www.google.com/finance?q=NFLX At the top left of the chart set zoom to 1d. At the bottom left of the chart click settings and tick the box for "Extended Hours". That gets you volume data for the post market session. I didn't downvote you, but I do see these kinds of comments ("hey don't trust the post-market session") after earnings announcements a lot, and I usually try to cross-check the chart to see whether they're on point or not.
- icantthinkofone 12y agoI was a day-trader for 15 years so I know how to find that info. I'll say it again, after the market closes, the professionals go home. Anything you see after that is by amateurs.
- minimax 12y agoOk the market just opened on 10/16 and NFLX is trading around $342, which is around $100 below yesterday's closing price but almost exactly equal to the after hours price from yesterday. The after hours trading was 100% real and not amateurs trading in a thin market.