Dow gaining 89 poingtds. S p gaining 0. 75. Nasdaq up 0. 89 . With the rally being led by tech and oil, i would say the answer is a resounding yes what do i mean by both fang and fang . Suddenly there are two of them . Where did that come from . Okay. You know my original acronym for facebook, amazon, netflix and google, which is now alphabet. But whats the other fang . Thats the growth oiling, diamond energy, which trades on the symbol fang. The company is growing its production with a 30 clip. With the price of oil charging back up to 48 bucks on word that russia is willing to freeze production, this growth oil stock is about as exciting relative to the other Natural Resource plays as fang is to the rest of tech. The story of two fangs. Lets back up a little. Whats really driving this phase of the trump rally . In the first phase, we had a visceral rebound in the banks because whatever your political leanings, theres no deny the Hillary Clinton win, which nearly everyone expected, wo