There's Only One Thing Wrong with Netflix...

And that would be Netflix cancelled the brilliant comedy series, "Lilyhammer," after three seasons ("Lilyhammer" was the first exclusive content offered by the Netflix service). 

Beyond that minor gripe, though, Netflix as a market leader is acting brilliantly with earnings now out of the way. 

The first hurdle for NFLX was breaching $148 upside, which it did. And now it is holding above it in a fairly convincing manner this week, as other major leaders like AMZN GOOGL take the spotlight. 

The broad market is flashing the look of consolidation this morning as we close out a busy week. Overall, bears have struggled to pounce on any pressure points in this market, notably banks this week. And bulls continue with their buy-any-dip spirit intact. 

If that theme continues next week, NFLX surely makes sense as a long idea with $148 holding as newfound support. Simply put, this is a major leader right at new highs without much in the way of heavy selling.