AT&T's (T) CEO Randall Stephenson came out very bullish on the future of TV at a Wells Fargo conference on Thursday. Makes sense in light of his mega deal for Time Warner (TWX) . But, Netflix (NFLX) shares hovering around an all-time high suggests Stephenson should temper his enthusiasm.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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