FANGs Freefall Into Bear Market As Dip-Buyers Evaporate

But, but, but... it's different this time...

AMZn and NFLX are down 5% today...

From their 52-week highs, FANGs are down hard:

  • FB -33.9%

  • AMZN -23.8%

  • NFLX -32.8%

  • GOOGL -18.0%

Smashing the FANG index down into bear market territory...

And 6-month lows...