All Eyes on the FAANG/Lunatic Stocks!

I’ve updated my touts for some key FAANG/lunatic stocks with new charts to make clear that they want to go higher, especially AMZN. If this proves to be the case, bears shouldn’t get their hopes too high that Wednesday’s refreshing plunge will resume in earnest as the week draws to a close. Even so, the intraday charts of GOOG and AAPL leave room for a downside resolution of Thursday’s moderate bounce, and it’s possible they could check AMZN’s rambunctiousness. Whatever happens, we might have a better idea of what’s on portfolio managers’ tiny, febrile brains when the day is over.