Each member of the popular and closely-watched FAANG stocks, as well as Microsoft, reported their most recent quarterly earnings in October – and the gains that followed some solid earnings figures helped propel the S&P 500 to an all-time high. For how each of the FAANG stocks (and Microsoft) performed in quarterly earnings, as well as how much each stock has gained so far this year, CLICK HERE.
With September historically being a weak month for tech stocks (and the market in general), how might one go about trading the FAANG stocks this month and into October? Today’s article examines the price cycles of Facebook, Amazon, Apple, Netflix and Google – and what they indicate about how to trade these stocks in the coming weeks. What do the charts have to say about what to buy, what to sell – and when? CLICK HERE.