WARNING: FANGs Diverging from S&P 500
WARNING: FANGs Diverging from S&P 500
SII
“Fab 5” US Tech Firms Now Rule Global Stocks
“Fab 5” US Tech Firms Now Rule Global Stocks SOURCE: 08-08-16 ZeroHedget Since the end of QE3 (Oct 2014), the broadest measure of the US equity market (NYSE Composite) is modestly lower (-1.2%). However, 5 US stocks have soared an impressive 35% since then. In fact, as Bloomberg reports, the five biggest companies in the […]
FANGs: Average returns delivered by these mercurial shares lagging behind the rest of the market
SHIFTING STRATEGIES One reason we’re seeing so much sector rotation this year is a shift in investment strategy. Momentum strategies that favored volatile tech stocks paid off handsomely last year. But that same strategy has seen a reversal in 2016, with money flowing out of those risky bets and into stocks such as utilities. Investors […]
CRM Technical Set Up
Long term up trend may be coming to an end. A double top can be seen within a potential diamond reversal pattern. Technicals offer opportunities as they are broken and the market moves to the next. Watching to see if the pattern plays out – if so then we could see a significant drop soon. […]
MSFT Technical Set Up
MSFT has been in an upward trend for some time. Very long term can be seen with the purple channel on the weekly chart; long term can be seen on the same chart inside a lifting blue channel. A break out (down) of the blue channel would have us looking towards the next blue s/r […]
EBAY Technical Set Up
Market may be breaking a long term rising channel: trend support has recently been moved through. Potential short term move to next lower blue s/r zone. Breaking down through $19.40 would be significant and could se the market drop to the next lower blue s/r zone around $16.25. IF the market continues to lift from […]
US Equity Markets Plunge As ‘FANG’ Stocks Give Up 2016 Gains
US Equity Markets Plunge As ‘FANG’ Stocks Give Up 2016 Gains FANG stocks, led by Google, have tumbled by the most in two months today and given up any gains in 2016. This is weighing on the broad hope-strewn stock market as it erases all the post-Jo-Cox-death gains from yesterday… FANGs losing it… As […]
PCLN Technical Set Up
Sideways correction – potential reversal. Breaking of technicals offers opportunities for moves to the next technical. Currently in a positive trend with potentially more to go to reach resistances: previous highs and wedge pattern resistance from the long term weekly are technicals to watch.
HD Technical Set Up
Potential double top can be seen on the weekly. daily shows the 2nd top potentially rounded. Sideways move between blue s/r zones, pattern suggests fall to lower zone. Dashed orange offers an aggressive (read more RISK) opportunity; a break through the lower green s/r will likely see a move to the next lower blue s/r, […]