Thread: FAANG

Hope this holds till the morning open.........

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OOOHHH....... Even better
Steady as she goes...

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..

From Sentimentrader. Thanks META, you saved the day and made everything good again. Even though everyone is saying this isn't a tech bubble and 2000 was, I can't help but notice that grouping around the tech crash.

This seems like it's going down as one of the very few times since the S&P 500 became a 500-stock index that it jumped more than 1% on a day when more of its stocks declined than advanced. Forward returns weren't great.

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https://twitter.com/jasongoepfert/st...26344703439334

UBS downgrades AMZN, AAPL, MSFT, META, NVDA, GOOGL to Neutral from Overweight. This is street speak for 'sell'.

Profit growth momentum of the so-called Big Six technology stocks could "collapse" over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap companies.

Profit momentum of Big Six tech companies to 'collapse' over 2024, UBS says

Originally Posted by Bullitt

UBS downgrades AMZN, AAPL, MSFT, META, NVDA, GOOGL to Neutral from Overweight. This is street speak for 'sell'.

Sounds like a buy signal.