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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Sunday, July 2, 2017

Upgrade FAAMG - potentially will shoot up explosively during the next few months - Invalidated July 12, 2017 due to TNX cycle top

FAAMG:

The current FAAMG is going for the bubble, and certainly has lots upside room, and will be explosively in a fast pace.
During 1999-2000, at the same phase, the bubble shoot up nearly another 50% in just a few months.

According the Goldman Sachs June 9, 2019 report:
"During the bubble, the five largest tech names were trading at almost 60 times two-year forward earnings, with the cheapest stock trading at 36 times. Now FAAMG trades at 23 times forward two-year earnings with only one, Amazon, over 30 times."

Comparison of FAAMG stocks to 2000 tech bubble leaders


VXN QQQ sentiment:
Lowest sentiment in 5 months, warrants big rally.