Surging Stocks: Netflix and Lululemon (NFLX, LULU)

A couple of major momentum names are flying during Friday's trading session. Netflix NFLX has jumped 3.68% to $219.27. This name reported strong quarterly earnings last week and has a giant short interest. This stock could continue to move higher for the foreseeable future, on short covering alone. Lululemon LULU is also a heavily shorted stock and has broken out violently today. LULU shares are up 7.08% to $77.11.