As expected, NFLX did "Soar" as I was asked in to earnings, had I any idea that it would make that kind of move that fast, of course I would have called it out as a quick long trade, but short covering can really exaggerate moves.
In any case, the initial data back from NFLX this morning tends to confirm my longer term thoughts expressed last night. PLEASE don't get me wrong, I'm not saying NFLX is a short right here, I'm saying I think it's in the area in which it will become one.
From yesterday's email question about NFLX: "NFLX do you think it will roar after earnings again?"
Answer:
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