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Don't put your money in FANG stocks, says this chart

By justme following x   2017 Jun 9, 2:35pm 2,134 views   14 comments   watch   sfw   quote     share    


So, @jvolstad, it is not just housing you should not put your money into, it is also the stock market ;-)

1   justme   ignore (0)   2017 Jun 9, 2:40pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

@Patrick, I know you are on an airplane, or just off one (which is probably why the FANG stocks decided to crash today), but that chart looks much better if not shrunk. The full version is only 142kB. Maybe I'll mail it to you.

2   Hircus   ignore (0)   2017 Jun 9, 5:00pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

just link to the full image, eg use imgur or dropbox etc...

3   someone else   ignore (0)   2017 Jun 11, 2:16am   ↑ like (1)   ↓ dislike (0)   quote   flag        

@justme I uploaded the full size image and made it a link from the small image.

So anyone can just click on the image in the original post now to get the full size one.

4   someone else   ignore (0)   2017 Jun 11, 2:17am   ↑ like (0)   ↓ dislike (0)   quote   flag        

And WTF happened to those stocks?

I was indeed on a plane. My darling stock SHOP got whacked as well.

5   justme   ignore (0)   2017 Jun 11, 10:37am   ↑ like (1)   ↓ dislike (0)   quote   flag        

rando says

And WTF happened to those stocks?

i like to think of it as a bit of reality setting in for the FANG stocks. But it is not just FANG or FANTA or FAANG or FAAMG stocks experiencing serious turbulence. It also looks like the chief unicorn of private (unlisted) companies, namely Uber, is in serious trouble.

http://www.zerohedge.com/news/2017-06-11/uber-imploding-chief-business-officer-resigns-kalanick-plans-leave-absence

6   PrivilegedtobeWhite   ignore (1)   2017 Jun 12, 7:45am   ↑ like (1)   ↓ dislike (0)   quote   flag        

The FAAG stocks are killing me

7   FortWayne   ignore (2)   2017 Jun 12, 7:51am   ↑ like (0)   ↓ dislike (0)   quote   flag        

What's a FANG stock?

8   Strategist   ignore (3)   2017 Jun 12, 7:56am   ↑ like (0)   ↓ dislike (0)   quote   flag        

FortWayne says

What's a FANG stock?

Stocks like Apple, Amazon, Google, Netflix.

9   zzyzzx   ignore (1)   2017 Jun 12, 8:06am   ↑ like (1)   ↓ dislike (0)   quote   flag        

Apple should be removed from the list due to it's low P/E and dividend. Add in Tesla.

10   PrivilegedtobeWhite   ignore (1)   2017 Jun 12, 10:07am   ↑ like (0)   ↓ dislike (0)   quote   flag        

FortWayne says

What's a FANG stock?

It stands for Facebook, Apple, Netflix, Google. There are variations to that acronym depending on the stocks included. For example, if they include Amazon it may be FAANG.

11   justme   ignore (0)   2017 Jun 12, 11:40am   ↑ like (0)   ↓ dislike (0)   quote   flag        

FAANG are continuing on their downward trajectory. They are down -1 to -4% today, with NFLX (Netflix) leading the pack down. AAPL (Apple) is not far behind at -3% at the moment. This is going to get interesting.

12   Tenpoundbass   ignore (11)   2017 Jun 12, 3:45pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

I'm working on an App for our company. The screen will require 6 or more screens combined into one.
Sort of the way this picture looks. Any Patneters have any monitor brand and model references that wont have any bezel thickness to break up the screens?

13   Dan8267   ignore (3)   2017 Jun 12, 6:32pm   ↑ like (0)   ↓ dislike (1)   quote   flag        

You can't go wrong with Amazon, Safeguard Scientifics, Facebook, Universal Corporation, Kelloggs.

14   Booger   ignore (1)   2017 Jun 12, 6:36pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Yeah, and GE is up big today.





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