All and only about Netflix today. Apart from repeatedly banging the drum on the fact that markets are being extremely complacent, we have been highlighting Netflix action into and post earning as a potential key catalyst for market action into the end of the month and a traditionally weaker period for equities. Bears have a real chance to get some traction and they have to keep pressure on today post the likely big gap down open. The story is developing and it’s all about follow-through and a potential domino effect.
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