BradMatheny

FANGS could be under severe pressure

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FANGs and technology companies could see an additional 20~30% drop as the inflated pressures of pricing expectations deflate.

Technology, much like the 1999 DOT COM bubble, have been inflated over the past 2+ as foreign capital capital has rushed into the US market for safety and security. This recent rotation could be the beginning of a deeper price rotation in technology as capital moves to Blue Chips and manufacturing companies.

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