NEW YORK (TheStreet) -- On balance, it was a relatively quiet Monday on a week that promises some intrigue as several heavyweights release earnings later on.
Traders liked the earning beat, but liked the prospect of higher prices for Netflix's streaming service even more.
$NFLX 373+ in after-hours trading. Beat on EPS, in-line with rev exp. Rallying support around increased membership fees for new members.-- Marc Rillera (@mrillera) Apr. 21 at 02:28 PM
About time $NFLX raised prices.
-- Howard Chang (@oghowie) Apr. 21 at 02:30 PM
But it shouldn't be understated that many quick-trigger traders had their fingers on the sell button if Netflix offered any hints that metrics weren't trending favorably:
$NFLX Solid report. No surprises. Everything going as expected.-- Dominic Jones (@irwebreport) Apr. 21 at 02:13 PM
This is leading some to speculate that an "all-clear" signal may have sounded, which could send the thundering herd of analyst upgrades into action:
$NFLX should get about 10 upgrades overnight.-- TopstepTrader (@TopstepTrader) Apr. 21 at 02:11 PM