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Oil Stocks Have Been Crashing--Time To Go Bargain Hunting?

Netflix NFLX +1.63% shares closed a week ago Friday at $123.52 per share and closed yesterday at $123.39 per share. The shares traded between a low of $118.66 this past Wednesday at the height of the China yuan hue and cry and a high of $126.50 on Monday amidst Wall Street pom poms.

On August 11, 2015, Netflix announced that director Christopher Guest will debut his movie “Mascots” exclusively on Netflix streaming services in 2016. Nothing else was released by the company the rest of the week.

Wall Street sell-siders were busy little beavers pretty much all week. On Monday, Topeka raised its target price to $161 per share from $126 and...