And usa today confirmed it this morning. With the terrific story about the acronym that stands for facebook, amazon, netflix and google. My selfstyled shorthand for whats working in this stock market. But on another vicious day where the dow tumbled 128 points. S p sank and the nasdaq plunged nearly a percent, while f. A. N. G. Represents a nice respite from the world, f. A. N. G. s leadership happens to be terrible for the rest of the market. Thats right. I want people to know loud and clear that f. A. N. G. The isolation of a handful of stocks that can power higher and spurts we havent seen in ages is a bad thing. Boo not a good thing. For stocks in general. And the market overall. Sell sell sell. First, understand that mutual fund and Hedge Fund Managers are looking for growth. Right now the funnel for growth seems to grow smaller by the day. Which sends the proven storm to the ones with the best prospects higher than theyd go. Longing for growth is like rocket fuel for f. A. N. G.
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