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Tuesday, October 27, 2009
The Netflix Halloween Factor Seems to be Working
Last week at 8:06pm PST on Monday, October 19, I wrote about the Halloween Stock Index and the stock at the top of the list was Netflix (NFLX). The following day, you could have bought the stock at 48.96. In a week, the stock closed at 54.24 today, an increase of over 10.7%. This during a week when the Dow was down 1.7%. In addition, Jim Cramer recommended Netflix today, and did a segment on today's Mad Money show on the Halloween effect.
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