Change comes to everything and now a big surprise change has come to the FANG stocks.
In the charts below the FANG stocks (FB, AAPL, AMZN, NFLX, GOOG) are compared to the benchmark XLU (utility stocks) sector rotation chart. Utility stocks are nice and safe and slow. There is an excellent control set against the aggressive FANG stocks.
Here is the picture just before the volatility of 2018. The rock stars are in control of the majors trends. All FANG stocks are judged as very strong compared to the benchmark (XLU).
Now, after the recent pre-2018 midterm sell-off, the picture shows FANG stocks are still strong, but strength compared to the benchmark XLU is rapidly evaporating. Time to buy during a moment of weakness, or time to adjust your portfolios?
Investing Quote…
..”After years of patient study I have proven to my entire satisfaction as well as demonstrated to others that vibration explains every possible phase and condition of the market.”..
William D Gann
..”It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong”..
George Soros
..“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”..
Bernard Baruch
..”Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it”..
Warren Buffett
..“The key to successful investing is having everyone agree with you — LATER.”..
Jim Grant
