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FAANG Stocks Take a Bite Out of the Bears

Listening to short term traders who use spaghetti math to influence their investment decisions can be dangerous to your dollars. Stick with common sense fundamentals. Google, Amazon and Microsoft own 90% of the internet. Facebook and Netflix pick up the rest. Netflix is hosted by Amazon Web Services! It's a no brainer that the bulk of internet profits will go to these companies. As advertising dollars continue to flow towards where the eyeballs are at, think YouTube, and Facebook and Instagram. I can see a future where one or more of these companies buys CBS, Viacom or some other establish content producer. Did you ever think an online book seller would buy Whole Foods?