We looked at these two market leaders yesterday, and much like Joe Pesci’s mother’s painting in Goodfellas (1990), one of them is going one way, and the other is going another.
Amgen could’ve easily bull trapped a few weeks ago. No real damage yet, but sloppy and not rewarding momentum.
Netflix is showing signs of emerging to resume its leadership status (I have a long starter position).
Stay tuned after the bell for my video market recap.
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