The Market Has No Bite Without The 'Fang' Stocks

Published on Dec. 2, 2015
Category: News & Politics
Source: Youtube

Facebook, Amazon, Netflix and Google where at the forefront of the presentation for Francis Hunt, The Market Sniper, when he joined Zak Mir, technical analyst for Zak’s Traders Café, and Mike Ingram, Strategist for BGC Partners, on the Tip TV Finance Show. Key Points: Volume and OBV gives you a heads-up before the move upwards, noted Hunt, as he praised Mir on the ARM call from last week. He continued that if you take the ‘FANG’ stocks out of the US market, the result would be that the market is in fact flat or down on certain days. Ingram contributed that people are buying growth stocks such as the ‘FANG’ group, instead of value stocks. In terms of Amazon, Hunt outlined the gaps up as a suspected continuation of the upward trend for the stock. Google has strong impulse upside gaps, commented Hunt, who also expected further upside. To see his call on Facebook – Watch the video here on Tip TV. Tip TV Finance is a live video show, broadcasted weekdays from 10 am sharp. Based in St Paul's, in the heart of the City of London, Tip TV prides itself on being able to attract the very best quality guests on the show to offer viewers informed, insightful and actionable infotainment. The Tip TV Daily Finance Show covers all asset classes ranging from currencies (forex), equities, bonds, commodities, futures and options. Guests share their high conviction market opportunities, covering fundamental, technical, inter-market and quantitative analysis, with the aim of demystifying financial markets for viewers at home. See More At: Twitter: @OfficialTipTV Facebook: