Low and Slow is Money

We have the makings of a "low and slow" quiet consolidation day in the market, with stocks largely hanging in remarkably well despite a steady stream of negative headlines in recent weeks around the globe. 

Beyond that, even something like a NFLX earnings blow-up is barely making a dent, with the QQQ leading indices lower, yet still down a mere 0.35% as I write this. That is not to say that stocks are incapable of pulling in further, but bears are going to need to do better than this in order to erase the progress bulls have made since Brexit, especially. 

My main focus here is on staying on top of outperforming individual stocks for Members, keeping a close eye on the very best software plays which have been thriving, as well as some communications equipment plays. I also see select biotech issues are trying to outperform here, which would likely give bulls an additional boost confidence as far as the rally broadening out, overall. 

Regarding Netflix on a standalone basis, applying the "Three Day Rule," a concept I have discussed on this site previously, makes sense to avoid unnecessary knife-catching injuries.