One group that is looking much better today is biotechnology.
In the meantime the shrug off of Netflix's miss is out in full force.
Need something new to binge. Check out this video to see how Netflix became the original content producing powerhouse that it is today.
My Netflix short was a big winner yesterday, but I am also long Amazon and Google, which were hit with pretty strong collateral damage.
This quarter Netflix is not going to be the star of earnings season.
ETFs are pulling down the FANG stocks after NFLX messes up new-sub predictions.
Quarterly earnings beat guidance and user growth was strong.
The FANG stocks are leading the market right now in terms of performance.
A bidding war for Twenty-First Century Fox's assets has driven the stock nearly 40% higher this year.
The options tactic is the out-of-the-money, bullishly biased vertical call spread expiring in September.