NEW YORK ( TheStreet) -- The broader market snapped its winning streak, closing in the red on Thursday.On CNBC's "Fast Money" TV show, fading trends and strong trends fueled the discussion. Dan Nathan said he expects Netflix ( NFLX) to break down, citing a five-year low in the short interest. He added that he still likes Qualcomm ( QCOM). Karen Finerman said she really liked CVS Caremark ( CVS), but it has become too overvalued at this point. Jon Najarian thinks shipping stocks, such as DryShips ( DRYS) and Diana Shipping ( DSX) are overextended. He added that he still likes Ciena ( CIEN). Anthony Scaramucci also does not like Netflix at these levels but would still be a buyer of Facebook ( FB). Twitter announced that it filed for its much awaited IPO, with Goldman Sachs ( GS) as the lead underwriter. Dan Niles, CIO of Alpha One Capital Partners, was quick to remind everyone what happened with Facebook after its public debut. He added that the company continues to grow revenue at a strong rate and also has a solid mobile advertising platform. The stock will certainly be in demand, but Niles said he wants to see what the valuation will be first. Scaramucci believes Morgan Stanley ( MS) will have some sort of role with the underwriting, although not as the lead underwriter. Mike Khouw said there could be a lot potential in Twitter, unlike what he thought about Facebook. He added that Twitter is a legitimate news source and that it has a lot of promise. Barbara Marcin, manager of the Gabelli Dividend Growth Fund, said she does not think money will come out of Apple ( AAPL) and go into the Twitter IPO due to its different investor base. She added that if you don't include its cash, Apple is extremely cheap and multiple expansion will eventually come when the company releases new products. Barney Harford, CEO of Orbitz Worldwide ( OWW), was a guest on the show and said the company's main focus is in the hotel part of the business and driving continued acceleration in hotel-unit volumes. He added the company's recent acquisitions are setting it up well for the future along with the push into mobile.