FANG Stocks Looking Sharp In 2017 Thus Far

The popular FANG stocks, Facebook Inc FB 1.21%, Amazon.com, Inc. AMZN 0.12%, Netflix, Inc. NFLX 0.09% and Alphabet Inc GOOG 0.06% GOOGL 0.24%, are off to a roaring start so far in 2017. The hot start is a far cry from how the stocks started 2016.

Already Besting 2016

Just four trading days into 2017, Facebook, Amazon and Netflix shares are already up more than 6.3 percent each, with Google tacking on another 4.2 percent. Three weeks into 2016, all the FANG stocks were down 1.8–8.4 percent during the market pullback. By the end of the year, however, all four stocks had bounced back and the group finished 2016 with an average gain of 11.7 percent.

Facebook, Netflix and Amazon have yet to see a down day so far in 2017, delivering four consecutive days of gains. Netflix is now knocking on the door of a brand new all-time high above $133.27.

The FANG stocks, which are some of the largest companies in the entire Nasdaq Index, are largely responsible…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common SenseI don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!