FAANG, Market Leaders Update

Monday, Apr 16 2018 by

Updated April 21, 2018 from April 16, 2018


The market will likely go up at least 4.6% between now and August[1]. Thus, this might be a good time to hitch a ride on stocks that will outperform. Market leaders usually wind up also leading the charge into the climax so let’s see if any of the FAANG group are showing promising signs or giving us warning signals. I’ve already updated Facebook[2] so let’s look at Amazon, Apple, Netflix, and Google/Alphabet.

Amazon
Amazon was tripped up the first two weeks of February along with the market. From an intraday high of 1498 February 2, it dropped 15.5% to an intraday low of 1265.93 February 9. The Crest chart rose above its long-term baseline back on January 16, warning investors that a top was near. It then shot higher February 1, the day before the top. The Dive chart had given a warning of its own three days earlier when it breached its lower channel January 29. The high that day was 1431. The expected low would have come at least 10% below that or 1288.

Thereafter, Amazon recovered even better than the market to its March 13 all-time high of 1617.54. It then floundered along with the market only to have a bout with the Trump-Twitter virus. The Crest chart warned on March 13 when it jumped above its long-term average. The Dive chart had yet to recover its lower channel at that time.

Today, Amazon’s Crest chart indicates the crest is over – no surprise. Its Dive chart is also quite promising. It is well inside the lower channel, indicating better days ahead.

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Apple

Apple roller-coasted its way to a 170’s plateau in November. It eventually eked out a 180 high January 18. From there it dropped 16.6% to its 150.24 February 9 low, much as Amazon had done. Unlike Amazon, Apple was only able to ride along with the market to an eventual 183.5 high March 13.

Apple’s Crest chart mirrored its roller coaster ride. On October 19 it warned of an approaching top when the chart rose above its long-term baseline. The chart jumped again October 27 and would continue nervously until January. By comparison, this was mostly a…

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Amazon.com, Inc. offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It also manufactures and sells electronic devices. The Company, through its subsidiary, Whole Foods Market, Inc., offers healthy and organic food and staples across its stores. The Company also offers a range of products like whole trade bananas, organic avocados, organic large brown eggs, organic responsibly-farmed salmon and tilapia, organic baby kale and baby lettuce, animal-welfare-rated 85% lean ground beef, creamy and crunchy almond butter, organic gala and fuji apples, organic rotisserie chicken. more »

NSQ Price
$1823.28
Change
0.4%
Mkt Cap (£m)
705,962
P/E (fwd)
57.6
Yield (fwd)
n/a

Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. The Company sells a range of related software, services, accessories, networking solutions, and third-party digital content and applications. The Company's segments include the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. The Americas segment includes both North and South America. The Europe segment includes European countries, India, the Middle East and Africa. The Greater China segment includes China, Hong Kong and Taiwan. The Rest of Asia Pacific segment includes Australia and the Asian countries not included in the Company's other operating segments. Its products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software applications, iPhone OS (iOS), OS X and watchOS operating systems, iCloud, Apple Pay and a range of accessory, service and support offerings. more »

NSQ Price
$178.97
Change
-0.4%
Mkt Cap (£m)
652,894
P/E (fwd)
14.6
Yield (fwd)
1.7
87

Netflix, Inc. is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States. The Domestic DVD segment includes services, such as digital optical disc (DVD)-by-mail. The Company's members can watch original series, documentaries, feature films, as well as television shows and movies directly on their Internet-connected screen, televisions, computers and mobile devices. It offers its streaming services both domestically and internationally. In the United States, its members can receive DVDs delivered to their homes. The Company had members streaming in over 190 countries, as of December 31, 2016. more »

NSQ Price
$354.39
Change
0.6%
Mkt Cap (£m)
121,628
P/E (fwd)
80.4
Yield (fwd)
n/a



  Is NSQ:AMZN fundamentally strong or weak? Find out More »


1 Post on this Thread show/hide all

Edinburgh Investor 12th Sep '18 1 of 1

If you went ahead and bought in April... well done.

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