NFLX, MCP, GS, NYX, CLWR
Netflix (NFLX:NASDAQ) As of this morning, shares of NFLX are rallying on the open, despite the broader averages being down sharply. It might not be time to act yet, but keep in mind that NFLX was over $300 this past summer. There does seem to be several layers of support in the low $100 range.
Molycorp (MCP:NYSE) Many were predicting a bubble in the space, but many thought it would come at higher prices. MCP remains a tremendous trading stock despite pricing pressure. There seems to be some support in the $30ish range.
Goldman Sachs (GS:NYSE) There is an opinion out there that if you believe in America, you buy stocks like GS when they are beaten up. Well if you like the financials, GS might be your play. However, the stock could be in trouble if it breaks the $86 range.
NYSE Euronext (NYX:NYSE) As most know, exchanges are super market sensitive in market declines. Just keep in mind that this merger stock is still paying more than a 4% yield. John Paulson also has a stake in the name.
Clearwire (CLWR:NASDAQ) We frequently touch on CLWR and have not been fans of the name. Even after the Sprint (S:NYSE) related hype came in. But right now, CLWR has and upside gap to fill at $2.30, and the company does have a cult like following of low priced bottom fishers. Use the $2 level as a gauge for support in case the is a run on stop orders.
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