the FANG GANG- where are we now
11/5/2016 – I really enjoying blogging for Andy @seeitmarket. he’s such a great dude, great family and he’s created one of the best resources for quality and professional research. Over the past year or so (yes, year or so) he’s given me the opportunity to blog/write for his site. Every once in a while I’ll text him and say “what do you want” and he’ll give me some ideas. Over a year ago he told me to start watching the FANG gang. So, I did …
A – Amazon, Apple (you pick)
over the past couple months, these stocks have been responsible for 25% of the NASDAQ’s gain. That’s a heck of a lot of exposure ….but, in the end, the geometry told the story. here’s the story …
Amazon – http://www.seeitmarket.com/shares-amazon-amzn-nearing-top-trading-15950/
Apple – http://www.seeitmarket.com/aapl-stock-update-heres-bullish-aapl-buy-setup-15618/
Netflix – http://www.seeitmarket.com/netflix-reverses-could-icahns-move-mark-nflx-stock-top-14506/ (note, this one went to a 1.27 x AB-CD pattern)
Google – http://www.seeitmarket.com/alphabet-stock-googl-critical-time-price-juncture-investing-16218/
what the articles show is these stocks are hitting / have hit MAJOR targets and, well, believe it or not could be in for some very very turbulent times in the coming weeks/months.
Stay tuned, but if history is any guide, one would expect some clear leadership from these names but they have hit major patterns and square outs SO … not sure what the fundamentals are telling us but based on this past weeks action they appear to respecting the geometry/vibration/patterns present based, simply, on numbers and math and music and blah blah blah.
stay tuned and let me know if you have any questions.
Navy over Notre Dame – woot woot.