After languishing for a few days, FAANG stocks are back in a big way. That’s because FAANG cowboys are once again enamored about big technology stocks. I call those investors cowboys because they seem mesmerized by the potential rewards of buying into the momentum but appear mostly oblivious to the
Prudent investors ought to pay attention to a menacing pattern developing in the stock market. Please click here for an annotated chart. The chart is of the Nasdaq 100 ETF QQQ, A similar pattern can be seen in S&P 500 ETF SPY, I picked QQQ because the pattern is more
They’re neutral on FAAMG and FAANG shares, while the momentum crowd is still very bullish. Technology stocks have been hot this year. And excellent earnings are expected when big companies start reporting this week. Given the momentum and aggressive buying by the momo (momentum) crowd, expectations are widespread that earnings
Successful investors make money by preparing for scenarios without letting their politics cloud their judgement. That’s a difficult task, especially in these partisan times. But I am politically agnostic, and I see my job as helping other investors. The chart To understand the new development today, let us look at
I have been getting a flood of requests from investors for an update on smart-money flows in popular technology stocks. I previously wrote about this on June 15 and June 16. The highest interest among investors is in Advanced Micro Devices AMD, and NVDA. Both stocks have recently had several positive
Should big technology stocks known as FAAMG or FAANG be bought now that they’re a few dollars cheaper? Or should they be sold now because they’re expensive and upward momentum is broken? Those are the questions investors are asking me. From emails that I receive, many investors have strong opinions
My longtime readers have been asking a lot of questions about money flows in so-called FAAMG stocks. Money flows give investors an edge when combined with the breadth indicator. Please click here to see money flows in FAAMG stocks segmented by important categories and also ranked as provided to The
Popular “FAANG” stocks suffered a blood bath Friday. FAANG stocks are Facebook FB, Amazon AMZN, Apple AAPL, Netflix NFLX, and Google GOOG, GOOGL. They’re known as a group because of their persistent outperformance as large-cap U.S. technology stocks. The technology bellwether Nasdaq Composite Index COMP, slid 1.8% on Friday, and the
As the stock market hovers new highs, no one is talking about the dirty secret on Wall Street that is important for your portfolio. Stocks like Apple AAPL, Amazon.com AMZN, Facebook FB, Alphabet GOOG, GOOGL, Microsoft MSFT, and Netflix NFLX, have been on fire. Wall Street analysts keep on raising
This post was just published on ZYX Short Sell Change Alert. Our models are showing a high probability of a massive short squeeze. Consider taking profits and exiting NFLX. You are receiving less than 2% of the content from our paid services …TO RECEIVE REMAINING 98%, TAKE A FREE TRIAL TO