FANG stocks just lost nearly $130 billion in market cap, and chart points to more pain

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

FANG stocks just lost nearly $130 billion in market cap, and chart points to more pain (via TradingNation)

" on Monday. "It's been a very tough market for this index in what's really been a better environment for high growth in general."

"For this particular index, I can say that there's really no signs that this underperformance is abating, and for exposure we prefer software and services. We think that's going to be the part of high growth that outperforms," said Wald., CEO of Chantico Global, says just the threat of increased regulatory oversight could stymie the FANG trade for some time.

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:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation Facebook, Google and Netflix are hollow enterprises .

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

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil prices rise on fall in U.S. crude stocks, but trade war worries cap gainsOil prices rose on Thursday after a bigger-than-expected decline in U.S. crude i...
Source: Reuters - 🏆 2. / 97 Read more »

Goldman's portfolio of investors' favorite stocks is crushing the market, returning 16% this yearWhile most of the stock market is in turbulence amid the trade chaos, Goldman Sachs has a portfolio that's crushing the market. Even after today? Should update this daily, especially after today with this $GOOGL drop.
Source: CNBC - 🏆 12. / 72 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 »

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 »