Quick update for you homegamers out there — trying to avoid blowing up your retirement accounts. In spite of the market being ‘weak’ today, both the FAANG and the newly minted THAT FAG PUB investment strategies are doing just fine.
Let’s have a look.
Want to know something cool? Of course you do.
The FAANG stocks (FB, AMZN, AAPL, NFLX and GOOGL) represent almost 25% of the entire market cap of the tech sector now. THAT FAG PUB, with a market cap of over $4 trillion, represents more than 40% of the tech sector.
How splendid.
Without any meaningful pullback in market leadership, as highlighted above, you should assume this market dip will be ‘corrected’ and absorbed back into the deep buyers’ brokerage accounts.
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Showtime could spend some time at the PUB, maybe he’ll make back his -99% returns…
LMAO…..Love the pic.