FANG Flaws Weigh on This ETF

FANG stocks and related fare offer rebound potential in 2019.

“Continually beating expectations is a tall order for any company. However, given the very negative sentiment (and increased volatility) that has recently developed in response to geopolitical and economic events, it is possible that expectations may have been ratcheted down too much. With the earnings power of the FANG+ stocks still relatively attractive, in my view, we may see continued strength in 2019,” according to Invesco.

Bearish traders can prepare for a possible decline in the Nasdaq-100 with the ProShares UltraShort QQQ (NYSEARCA: QID). QID attempts to provide double the daily inverse returns of the Nasdaq-100 Index.

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Tom Lydon’s clients own shares of QQQ, Apple, Facebook and Microsoft.