Early Update – Dow Outperforms, NASDAQ Underperforms as Netflix Weighs on Growth Stocks

11:34 a.m. ET There’s some bullish follow through in some of the averages from yesterday, but Netflix (NFLX -36%) is weighing on the Communications sector, Growth/mega-cap stocks and NASDAQ-100. The Dow has pushed above its 100 and 200-day sma’s, further extending a breakout from the 3-week bull flag consolidation. S&P is holding just above last…

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