Major investors still high on tech stocks Major investors aren't fazed by the volatility in the tech sector, with some quickly snapping up so-called "FANG" stocks. Fund managers at T Rowe Price and Federated Investors are buying up FANG (Facebook, Amazon, Netflix and Google) stocks after a two-day selloff that resulted in thelargest declinein the tech sector in more than a year, according to Reuters.(Silicon Valley Business Journal)
Nice uptrend on GOOG, even though volume is bearish; i usually use candle-charts. BUT sometimes use mountain/barcharts; you can spot a ''railroad track top ''on barcharts=========================================================================================For the longest term investor, 2 month decline, on GOOG maybe OK; but FB has a better looking price volume chart. May buy some tek stock$ 4th quarter , they tend to do so well then; NOT a prediction. So sorry GOOG took out May lows-that is not a good signal for an uptrend, but not a prediction, Dealmaker. LOL
Why I Don't Invest In High-Flying FANG Or FAAMG Stocks Jun. 14, 2017 3:39 PM ET | Includes:AAPL,AMZN,FB,GOOG,GOOGL,MSFT,NFLX,VFIAX,VTSAX Minutemen Dividend growth investing, portfolio strategy, value, long only (410followers) Summary The five largest stocks in the S&P 500 and NASDAQ 100 account for an oversized weighting in those indices. These same five stocks have contributed the bulk of the market's year-to-date performance. Investing in these stocks, either individually or via index funds, results in increased concentration risk. Investors should seek out quality stocks and funds with less exposure to the influence of these momentum stocks. Purpose The top five holdings of the S&P 500 and the NASDAQ 100 indices have generated the bulk of the market's returns in 2017. Increasing fund flows from actively managed to passive index funds has contributed to the market outperformance of these issues and has resulted in concentration risk for index investors as well as investors in the individual stocks. The next bear market or market correction could result in disproportionately large outflows from these stocks. https://seekingalpha.com/article/4081504-invest-high-flying-fang-faamg-stocks
Think the FAANG stocks are now toxic? Think again http://www.cbsnews.com/news/think-the-faangs-are-now-toxic-think-again/
%% i dont think FANG stoks/QQQ/TQQQ Nasdaqqq derivatives are toxic, CBS news tends to be toxic LOL Thanks DM