“The one stock that could kind of surface as strong here is Netflix,” he said on CNBC’s “Trading Nation.” “You’re definitely seeing a little bit of relative strength. There’s a pretty good air pocket right there between FANG and Netflix.”

Source: https://www.cnbc.com/2019/06/07/fang-is-dead-moneywith-one-exception-technical-analyst-says.html

  • It's seems to just be a figurative use of the very definition you provided. As far as I can tell, you essentially answered your own question. (Aside from the fact that it's not meant to be taken literally.) – Jason Bassford Jun 8 at 11:19

I think you meant to say FAAG and Netflix because Netflix is the N in FAANG; but anyway, the "air pocket" he talked about is the ability for Netflix stock to go up because relative to the rest of the FAANGs, he sees Netflix as undervalued.

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