They don’t ring a bell at the top of the market, the old Wall Street saying goes, but last Friday you could hear a crack as big as the one on the Liberty Bell next to Independence Hall. That was when the market’s highest flyers, the so-called FAANG stocks — Facebook FB, -0.78 Amazon.com AMZN, -1.37 Apple AAPL, -2.39 Netflix NFLX, -4.17 and Alphabet (Google) GOOG, -0.73 GOOGL, -0.86 — all closed down 3% or more on huge volume. via