S&P 500 Extends Gains, Nears 5,000 Level; Netflix, ELF, ITCI In Focus

The stock market rally continued as Wall Street weighed another round of strong earnings reports. Netflix is holding gains well after gapping up on earnings last month;  sellers hit ELF Beauty despite another strong earnings report while Intra-Cellular Therapies is forming a base as it holds support at the 10-week line.