Grim Reaper, Meet The FANG Stocks – Part 2

Two months ago, I talked about the FANG ETF, First Trust Dow Jones Internet Index Fund (FDN),

Grim Reaper, Meet The FANG Stocks

I have been talking about the death cross lately in multiple posts and Grim Reaper introduced himself to Facebook, Google and Netflix in recent weeks.  The only two stocks that still have a soul left and haven’t seen the death cross on the charts are Amazon and Apple.

Last month was the first time all the FAANG stocks sold off at the same time after announcing quarter earnings. This told me the sentiment in technology stocks changed from being positive

About the author: TIMM Trader

Uniting Experts & Novices for Mutual Profit!