Are you trying to short the stock market? Are you looking to protect yourself from a stock market crash? If so, make sure to Follow Technology and Faang Stocks – According to Mark Newton, CMT.
Mark Newton of Newton Advisors sits down with Blake Morrow or Traders Summit to discuss the current state of the Stock Market. He identifies some of the indexes that are putting a damper on the market as we near all time highs in the S&P 500 Index. His focus is on the technology sector and points out some defensive names in case we see some profit taking in the broad financial markets.
Notes from the video:
FAANG is an acronym referring to the stocks of the five most popular and best-performing American technology companies: Facebook, Amazon, Apple, Netflix, and Alphabet (formerly known as Google).
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