Under President-elect Trump the globalist agenda of Google, Facebook, and Amazon will come under pressure.
Netflix not so much.
Nonetheless, these four stocks, members of the elite Wall Street FANG brigade, are trading sharply lower during early trade Thursday as investors rush to abandon the tech giants.
Meanwhile the GARP portfolio, the semi-annually adjusted passive investment built by The Fly inside Exodus is performing swimmingly. The June adjustment positioned the growth at a reasonable price book in anticipation of a Trump victory.
A clear rotation is underway, out of extremely expensive internet stocks and into domestic basic material plays. Position accordingly.
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