Momentum Names Falling Despite Strong Tape (NFLX, AKAM, CMG, CRM)

Just wanted to point out that despite the strong tape during Thursday's trading session some closely watched momentum stocks appear to be fizzling out. Shares of Netflix NFLX, arguably the hottest stock on the planet, have lost 2.53% and are currently trading at $195.08. Akamai Technologies AKAM, which has risen almost 110% year-to-date, is down 0.62% to $53.03. Chipotle Mexican Grill CMG has shed 2.35% to $252.74 and salesforce.com CRM is down 0.62% to $143.14.
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