Silver as an investment

Tech-Wreck Continues – FANG Stocks Tumble Below Friday Flash-Crash Lows

It's not over…

Felix Zulauf (via Barron's round table)

Do you have any specific investment picks for the second half?

 

I don’t. Investors should tighten risk-management strategies to their portfolios. I expect the FANG stocks and the Nasdaq to have a big selloff. They could easily fall 30% or 40%. But I don’t want to end my Roundtable career on a bearish note. [Zulauf announced at the January Roundtable that he is “retiring” from the panel after this year.]

 

Once the bear market is over and the recession or economic crisis passes, stocks will go up again.

FANG Stocks just took out Friday's flash-crash lows…

This is the biggest 2-day drop for FANG stock since Feb 2016 – just as the world saw a global recession hitting and central banks started coordinated money-printing to save the world.

 

And all of them are in trouble… but NFLX is leading to the downside…

 

And AMZN is resting its flash-crash lows…

 

Nasdaq dip-buyers were "Gartman'd"…