FANG Stocks Soar To New Record High As NFLX Spikes 14% (To 101x Fwd P/E)

As goes Netflix, so goes "Murica...

Nasdaq remains the only major index in the green today and there"s one big fat ugly cash-burning reason. Netflix is up 14% - tearing the faces off of every short-seller (6.2% of float short)...

And NFLX has single-handedly ripped FANG stocks to a new record high - dismissing the "tech wreck" tumble completely...

Since the tech-wreck, GOOGL remains lower, AMZN just broke even, FB is holding up well, and NFLX is exploding...

Ignore this...

And ignore this too...

It"s different this time, silly!