NEW YORK ( TheStreet) -- The S&P 500 made a small push higher, closing at another all-time high.The big news from Monday's after-hours session was the Netflix ( NFLX) earnings. On CNBC's "Fast Money" TV show, Pete Najarian said the stock is selling off because the company's forward projections were not quite as high as what investors had hoped to see. He added that management has only done a modest job at international expansion and the European, Latin American and Canadian markets could be much stronger. He also said that according to the options pit, the stock was expected to move up or down by about $35, but has only move $20 in Monday's after-hours. Dan Nathan also thought that was interesting, noting the stock has moved about 26% in its more recent earnings announcements. He added Netflix is going to have to figure out a way to grow into the current valuation, but thinks the stock will be rangebound between $200 to $300. Guy Adami admitted that he got this one wrong when he said to buy it late last week ahead of earnings. But the stock might act like Google ( GOOG), which initially sold off on earnings before rallying hard. Anthony Scaramucci said the stock is usually pretty volatile, but a lot of analysts like it because of the strong "managerial executions." However, he did say from a valuation perspective, owning the stock here was too hard. Shifting to stocks that have had large year-to-date moves, Adami says investors can still own Celgene ( CELG). He pointed to the strong balance sheet and solid cash flow. After some negative headlines last week, the stock made another all-time high on Monday, showing the incredible strength in biotech stocks. Nathan said to sell Micron ( MU), which is up roughly 120% year to date, citing the huge waves of recent insider selling. He said the stock collapsed after its earnings results in June and that he would be a seller north of $14. Best Buy ( BBY) trades at only 10 times earnings and has a lot of cash on hand, making Najarian a buyer. He said the company is doing a much better job with its "mini store" concept and price matching, making it so customers don't walk in, check something out, and buy it online. Instead, consumers are buying it right in the store.