These are the best places to hide out as sell-off continues, traders say $NFLX $MRK $WFC $VZ (via TradingNation)
," Gordon, who is a managing director at his firm, said on Thursday. "[It's] amazing: In a down tape today, Netflix was actually strong and we're actually working towards new highs."
"We're above a 200-week rising moving average we haven't been able to even come back and test," he said. "We're coming back. We're trying to break up through 400." "I do like the dividend plays. I think interest rates are low and they're going to stay low," Gordon said. "Merck will get you done at an about 2, 2.5% yield."
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