Jump to content
Sign in to follow this  
drbubb

Troubled Tech stock Heaven : FAANG giants struggling?

Recommended Posts

What to Buy When the Market Loses Its FAANGs

By Justin Spittler, editor, Casey Daily Dispatch

( ADDED IN EDIT - 12/29 )

FAANG stocks ... since YrE-2015 : from FYE'16 : '17 : Still in a sharp down-channel

UjlbzVF.gif

The world’s most valuable company is flirting with a bear market.

Of course, I’m talking about Apple (AAPL).

Apple is a company that needs no introduction. In August, it became the first publicly traded company with a $1 trillion market value.

But it didn’t stay above the $1 trillion mark for long.

Apple has plunged 18% since October 3. If its share price falls just $7, Apple will officially enter a bear market. (This happens if a stock falls 20% or more from its previous high.)

If and when this happens, rest assured you’ll hear about it. It’ll be one of the biggest stories in the investing world.

Some pundits might even tell you to load up on Apple stock while it’s cheap.

But I’d think twice about doing that if I were you. The huge Apple sell-off is just one of many red flags that we’re seeing…

Share this post


Link to post
Share on other sites

History Says FANG Feast Is Finished

A comparison to the dotcom bubble suggests the FANG stocks may have topped.

3 years ago, on the day before Thanksgiving, we published a blog piece that remains one of our most popular posts ever. Its subject was the FANG stocks, i.e., Facebook, Amazon, Netflix and Google (Alphabet). At the time, FANG was all the rage, much more so than even today if you can believe it. A composite of the 4 stocks had just achieved a 500% rally in just 3 years. Our post suggested, based on one historical analog, that it was possible the FANG run may actually have further to go — much further.

That suggestion was based on a comparison to another group of former high-flyers that we introduced in the post. Looking to the dotcom bubble, we created another composite, this one of 4 of the leading stocks during the dotcom era: Cisco, Intel, Microsoft and Qualcomm. We labeled this group CIMQ (not as catchy, I know).

3 years ago

tumblr_inline_pingi0ZHnG1sq14jh_500.jpg

Now

tumblr_inline_pingitboTD1sq14jh_500.jpg

Share this post


Link to post
Share on other sites

The Chickens came home to roost

FAANG stocks ... since YrE-2015 : from FYE'16 : '17 : Still in a sharp down-channel

J2XeOLG.gif

Stock Market MADNESS as Computer Algorithms Go Haywire!

Tech Stocks Lost Billions On Buybacks!

Take a close look at the U.S. stock market. It’s a mess. Investors who have gone all in on the FANG stock rollercoaster have doubled down and bought the dip. They must believe that QE4 will begin soon, otherwise their behaviour is certainly short sided. It’s almost as if these individuals have traded on the waves of a trend. 2019 will certainly be interesting.

Share this post


Link to post
Share on other sites

Share this post


Link to post
Share on other sites

Share this post


Link to post
Share on other sites

SOXX Shock! : -1.20%. Has the stock market turned?

183.63
Change:
arrow -2.23
Open:
185.11
High:
185.11
Low:
181.6301
Volume:
980,095
Percent Change:
-1.20%

SOXX led the stock market up. Will it now lead it down?

SPY fell just -0.04%.  IWM rose +0.14%

SOXX - etc ... 10d

1oeNZLO.gif

Top Holdings,     as SOXX closed at $183.63 - 2.230, -1.20%

SOXX led the stock market up. Will it now lead it down?

Name                        Symbol  % Assets
Broadcom Inc         :  AVGO    8.94%    $271.49 - 3.51, -1.28%
Texas Instruments :  TXN      7.98%    $105.71 - 1.56, -1.45%
Intel Corp                 :  INTC     7.56%.      $53.24 +0.01, +0.02%
NVIDIA Corp            : NVDA     6.96%    $155.25 - 1.69, -1.08%
Qualcomm Inc         : QCOM    6.73%      $53.04 +0.01, +0.02%
Xilinx Inc.                 :  XLNX     4.79%    $123.27 +0.49, +0.40%
Adv. Micro Devices :  AMD      4.54%      $23.48 - 0.73, -3.02%
Lam Research          :  LRCX    4.28%    $177.20 - 1.36, -0.76%
Analog Devices        :  ADI        4.26%.   $105.24 - 1.24, -1.17%
Applied Materials.   :  AMAT    4.15%.     $38.78 - 0.80, -2.02%

SOXX is looking toppy

X1OOKHt.png

And AMD, Advanced Micro Devices, too. 

f2rO2uX.png

AMD was down over 3% yesterday, the biggest drop among the Top10 components of the SOXX

Share this post


Link to post
Share on other sites


NYT: TRUMP BIG TECH BLUSTER...

Antitrust Division making life EASIER for monopolists...


New FACEBOOK move not about privacy. It's about domination...

06buck-vaheesan1-jumbo.jpg?quality=90&au

Trump’s Big Tech Bluster

His tweets criticize Facebook and Google, but the Antitrust Division of the Justice Department is making life easier for potential monopolists in Silicon Valley.

At his Senate confirmation hearing, Attorney General William Barr signaled an interest in confronting the power of big tech corporations like Facebook and Google. As Mr. Barr put it, a lot “of people wonder how such huge behemoths that now exist in Silicon Valley have taken shape under the nose of the antitrust enforcers.” And since taking office, President Trump has repeatedly attacked America’s biggest technology corporations, especially Amazon, Facebook and Google. Among other accusations, he has charged Amazon with ripping off the Post Office and Google with censoring conservative users. He recently criticized Facebook, Google and Twitter for “ridiculous” bias in favor of Democrats. By most appearances, Mr. Trump is a foe of big tech.

Mr. Barr, however, will find that those “huge behemoths” will continue to dominate, because, in part, the administration’s chief antitrust enforcer is their champion. On top of granting tech platforms huge windfalls in his tax reform law, Mr. Trump appointed a friend of big tech, Makan Delrahim, to lead the Antitrust Division of the Department of Justice. Mr. Delrahim has consistently promoted the interests of the biggest tech companies.

> https://www.nytimes.com/2019/03/06/opinion/trump-antitrust-laws.html

Share this post


Link to post
Share on other sites

Most of the big Tech stocks are NEAR Highs

FB-etc ... update0d08B22.png

==

Share this post


Link to post
Share on other sites

TECH ... update :

L3TbMR0.gif

Share this post


Link to post
Share on other sites

GOOG: shutter it !  Or fine them Billions & Fire top management

ELECTION INTERFERENCE: Project Veritas: Insider Blows Whistle & Exec Reveals Google Plan to Prevent “Trump situation” in 2020 on Hidden Cam.

0-568.jpg

VIDEO: “Insider Blows Whistle & Exec Reveals Google Plan to Prevent ‘Trump situation’ in 2020 on Hidden Cam” (Project Veritas) Plus: “Insider: Google Violates ‘letter of the law’ and ‘spirit … Read more

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×