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


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2017 Jun 9, 2:35pm   4,882 views  14 comments

by justme   ➕follow (1)   💰tip   ignore  

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

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1   justme   2017 Jun 9, 2:40pm  

@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   2017 Jun 9, 5:00pm  

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

3   Patrick   2017 Jun 11, 2:16am  

@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   Patrick   2017 Jun 11, 2:17am  

And WTF happened to those stocks?

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

5   justme   2017 Jun 11, 10:37am  

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   anonymous   2017 Jun 12, 7:45am  

The FAAG stocks are killing me

7   FortWayne   2017 Jun 12, 7:51am  

What's a FANG stock?

8   Strategist   2017 Jun 12, 7:56am  

FortWayne says

What's a FANG stock?

Stocks like Apple, Amazon, Google, Netflix.

9   zzyzzx   2017 Jun 12, 8:06am  

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

10   anonymous   2017 Jun 12, 10:07am  

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   2017 Jun 12, 11:40am  

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   2017 Jun 12, 3:45pm  

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   2017 Jun 12, 6:32pm  

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

14   Booger   2017 Jun 12, 6:36pm  

Yeah, and GE is up big today.

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