stock market sectors

FANG drops – what is holding up the stock market

“FANG” stands for Facebook, Amazon, NetFlix, and Google. Note the weakness in these stocks, especially NetFlix and Google. The S&P 500 and the Dow have been dropping for two weeks while the Nasdaq Composite) has dropped for three weeks and has broken its bullish tend line that began in April. Historically, the technology laden Nasdaq […]

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Weak GDP growth, a shrinking labor force but a rising stock market?

The S&P 500 and the Dow are in very distinctive wedge patterns. But the Nasdaq Composite) has rallied to the top of its bullish trend channel. Stocks at the top of their trend channel are likely to retreat; this happened in the nasdaq composite from the highs in late February and early March down to the April, 13 low that […]

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