Traders are making a boatload betting against once-beloved FAANG stocks

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Traders are making a boatload betting against once-beloved 'FAANG' stocks.

 

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Traders betting against FAANG stocks have made $5.5 billion during the brutal October sell-offInvestors betting against FAANG stocks have made billions of dollars as tech stock valuations have plunged this month. Massive Markets are still far overvalued. Logic and facts mean nothing in the market. Of course, this entire selloff was just a way for some to make more money. There was really no fundamental reasons for it.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The FAANG stocks shed $140 billion in Tuesday's market routThe FAANG stocks shed $140 billion in Tuesday's market rout. Thanks God there is no M in the group! God bless MSFT! you mean someone made $140 billion.....
Source: CNBC - 🏆 12. / 72 Read more »

Why the bloodletting in FAANG stocks is just getting started: CanaccordOur call of the day is ready to answer a burning question for investors these days. Are those growthy stocks done selling yet?
Source: MarketWatch - 🏆 3. / 97 Read more »

As the famous 'FAANG' trade falters, these five tech stocks are the new favorites of top analystsThe FAANG stocks are still looking pretty precarious right now, but there are plenty of other compelling technology plays out there.
Source: CNBC - 🏆 12. / 72 Read more »

7 things investors are getting wrong about the tech sector and FAANG stocksWhile traders dump tech stocks amid fears over the trade war and sluggish economic growth, HSBC says people are misreading the sector.
Source: BusinessInsider - 🏆 729. / 51 Read more »

FAANG stocks drop a combined $728 billion — more than Saudi Arabia's GDP — in 6-week pummelingIt was another dark day in the markets for Facebook, Apple, Amazon, Netflix, and Google. Maybe Amazon recovers with the 'holy week' BlackFriday Bigger ain't better. rwrvru. Innovate don't emaciate. A rising tide lifts all ships. I might know things. Try the carrot. only 99,7% to go to make a World a better place
Source: BusinessInsider - 🏆 729. / 51 Read more »

Apple's stock on track to open in bear-market territory, joining all other FAANG stocks
Source: MarketWatch - 🏆 3. / 97 Read more »

Tech's popular 'FAANG' stocks have lost $945 billion and counting from highs amid tech routThe five 'FAANG' stocks have collectively lost $945 billion in value from recent highs as of Monday's close and are set to trade even lower on Tuesday. realDonaldTrump and Powell are to thank for this mess. A trade war and raising taxes so quickly. Who will be the one to clean up realDonaldTrump destruction. The FAANG STOCKS have lost $945 billion BECAUSE the large financial companies and Hedge funds are selling them off.. on the same NO NEWS! WHAT THE HELL IS GOING ON?!!! The American people are NOT STUPID!
Source: CNBC - 🏆 12. / 72 Read more »