FAANG-Mania Closing on Some Key Targets

The FAANG stocks have exploded, but the whoop-dee-doo could be short-lived, since the rally has brought several of them to within inches of Hidden Pivot targets sent out to subscribers in timely fashion. Accordingly, a few of today’s touts contain actionable advice for fading the trend — either by shorting it, initiating covered writes against long positions, or leveraging a possible top with a ‘jackpot’ bet that I’ve posted in the chat room. If you don’t subscribe but would like full access to the Rick’s Picks web site, click here for a free, two-week trial subscription.