FYI: Ever since the strong upside reaction to President Trump’s address to Congress at the start of the month, the S&P 500 has been trading in a bit of sideways range with no new highs since the first trading day of the month. While the broader market has been treading water, FANG stocks have continued to claw their way higher. In fact, just last Friday alone, both Facebook and Alphabet (formerly Google) hit 52-week highs, while Amazon.com and Netflix finished the week just shy of new highs.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/fang-still-ripping/
Comments
Regards,
Ted