since December 2017. A "head-and-shoulders" pattern, which in the past has signaled a top, has formed in those 'FANG' stocks once again, just as they did last year before the group and the rest of the market fell apart.
"Past weeks have seen the emergence of a similar head and shoulders top on FANG, supported by a similar breakdown relative to the S&P 500, confirming a pullback for the S&P 500," he added. "A failure for the group to retake resistance vs the S&P 500 supports the bearish breakdown, signaling risk for the broader market," he wrote.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
F+N+G can't be eaten. A+A at least have inventory.🤔
The Zuck wants the Gov to take the hit for regulations. The Democrats will forget all about the breakup after the election. This is the old compressing the spring trick.
Fake News!
we should be talking about YANG, not fang
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FANG stocks just lost nearly $130 billion in market cap, and chart points to more painFears of increased government scrutiny crushed FANG stocks on Monday. The NYSE Fang+ index could be in for more pain, says Oppenheimer's Ari Wald. TradingNation serve them right. they abuse our personal data. they are a cartel. they are biased. and they are anti America. they need to be broken up TradingNation Facebook, Google and Netflix are hollow enterprises .
Source: CNBC - 🏆 12. / 72 Read more »
FANG stocks just lost nearly $130 billion in market cap, and chart points to more painFears of increased government scrutiny crushed FANG stocks on Monday. The NYSE Fang+ index could be in for more pain, says Oppenheimer's Ari Wald. TradingNation serve them right. they abuse our personal data. they are a cartel. they are biased. and they are anti America. they need to be broken up TradingNation Facebook, Google and Netflix are hollow enterprises .
Source: CNBC - 🏆 12. / 72 Read more »
Stocks Look Attractive, but Bond Rally Flashes CautionOne comfort investors have found in the markets’ tumult over the past month: Stocks are at their cheapest valuations in months. However, bond markets are signaling that the economy is expected to slow. Exactly which stocks look attractive in this market climate and bubble?
Source: WSJ - 🏆 98. / 63 Read more »
Stocks in Asia set to trade higher; Fed signals potential rate cutStocks in Asia were set to trade higher on Tuesday amid ongoing global trade tensions. The Reserve Bank of Australia is also set to announce its interest rate decision later today. Market manipulation. Shocked it’s not Trump or his admin, but Bullard is now just Trump’s mouthpiece. realDonaldTrump forced the Fed’s hand. Ppl who actually have savings get punished as rates tumble again. And EustanceHuang this title is very misleading and laughable. The Fed didn’t signal anything, Bullard just jawboned these markets higher with his personal opinion.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks Fall as Trump’s Mexico Tariff Threat Rattles MarketsStocks and bond yields fell after President Trump threatened to impose escalating tariffs on Mexico, exacerbating growth concerns in an edgy market.
Source: WSJ - 🏆 98. / 63 Read more »
Mexico tariff threat pushes long-time market bull to reduce exposure to stocksFederated Investors' Phil Orlando takes down his exposure to stocks due to growing uncertainty surrounding trade. FuturesNow Charts are screaming trouble and these articles/excuses/tariffs are just to keep the panic down and keep retail investors in the game! Smart money are already leverage/ hedged in the other direction or already sitting in cash! Buy bitcoin FastMoney FuturesNow Buy Bitcoin FastMoney FuturesNow Dump incoming lol.
Source: CNBC - 🏆 12. / 72 Read more »