Rally time? The ‘biggest red flag’ in this bull market just vanished, trader says

MarketWatch2021-01-22

Those “highflying FAANG stocks” haven’t exactly lived up to their billing in recent months, but the longtime leaders of the relentless bull market did help the S&P 500 indexSPX,+0.03%break into record...

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Alicesachiew
2021-01-25
Alicesachiew
Can try litte more
Balloony
2021-01-22
Balloony
Buy

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The ‘biggest red flag’ in this bull market just vanished, trader says","media":"MarketWatch","content":"<div>\n<p>Those “highflying FAANG stocks” haven’t exactly lived up to their billing in recent months, but the longtime leaders of the relentless bull market did help the S&P 500 indexSPX,+0.03%break into record...</p>\n\n<a href=\"https://www.marketwatch.com/story/rally-time-the-biggest-red-flag-in-this-bull-market-just-vanished-trader-says-11611252079?mod=home-page\">Source Link</a>\n\n</div>\n","source":"market_watch","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rally time? 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The ‘biggest red flag’ in this bull market just vanished, trader says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-22 11:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/rally-time-the-biggest-red-flag-in-this-bull-market-just-vanished-trader-says-11611252079?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Those “highflying FAANG stocks” haven’t exactly lived up to their billing in recent months, but the longtime leaders of the relentless bull market did help the S&P 500 indexSPX,+0.03%break into record...</p>\n\n<a href=\"https://www.marketwatch.com/story/rally-time-the-biggest-red-flag-in-this-bull-market-just-vanished-trader-says-11611252079?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SDS","symbol_name":"两倍做空标普500ETF","start_time":0,"source_url":"https://www.marketwatch.com/story/rally-time-the-biggest-red-flag-in-this-bull-market-just-vanished-trader-says-11611252079?mod=home-page","article_id":"2105456995","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2105456995","pubTimestamp":1611286261,"columns":[],"sourceInfo":{"source_id":"market_watch","name":"华尔街大事件"},"weMediaInfo":null,"summary":"Those “highflying FAANG stocks” haven’t exactly lived up to their billing in recent months, but the ","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500ETF","03086":"华夏纳指","GOOGL":"谷歌A","09086":"华夏纳指-U","AAPL":"苹果","SH":"标普500反向ETF","IVV":"标普500指数ETF",".SPX":"S&P 500 Index","GOOG":"谷歌","MSFT":"微软","TWTR":"Twitter","QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","SSO":"两倍做多标普500ETF",".DJI":"道琼斯","SPXU":"三倍做空标普500ETF","UPRO":"三倍做多标普500ETF",".IXIC":"NASDAQ Composite","AMZN":"亚马逊","OEF":"标普100指数ETF-iShares","OEX":"标普100"},"translate_title":"集会时间？一位交易员说，本轮牛市中最大的红旗刚刚消失","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"161125":0.9,"513500":0.9,"GOOGL":0.9,"UPRO":0.9,"TWTR":0.9,"SSO":0.9,"SPXU":0.9,"SH":0.9,"SDS":0.9,"QNETCN":0.9,"OEX":0.9,"OEF":0.9,"NFLX":0.9,"MSFT":0.9,"IVV":0.9,".DJI":0.9,"GOOG":0.9,"ESmain":0.9,"FB":0.9,"AMZN":0.9,"AAPL":0.9,"09086":0.9,"03086":0.9,".SPX":0.9,".IXIC":0.9},"content_text":"Those “highflying FAANG stocks” haven’t exactly lived up to their billing in recent months, but the longtime leaders of the relentless bull market did help the S&P 500 indexSPX,+0.03%break into record territory on Inauguration Day.Netflix,in particular, provided a strong tailwind on Wednesday, havinglogged a double-digit rally to notch all-time highs. That kind of action, according to Jani Ziedins of the Cracked Market blog, is a strong indications that this latest push has legs.“The biggest red flag of the S&P 500’s recent strength was the lack of participation by this country’s best companies,” hesaid in a blog post this week. “But as the saying goes, better late than never. The FAANG stocks are getting their mojo back.”Even as the broad market held up strong in the face of growing political discord in the aftermath of the election, he pointed out that Facebook,Apple,Amazon,Netflix and Google gave up their leadership position to value and smaller tech names.“These best-of-the-best companies have been struggling to pull themselves off of recent lows and were stuck in consolidation patterns,” he wrote. “Some of this underperformance makes sense since Democrats have been vocally targeting these titans of tech for their anticompetitive business practices.” He added that removing Trump from TwitterTWTR,-1.01%and Amazon taking down Parler raised concerns about Big Tech and what’s to come.“But as the popular saying goes, it is darkest right before the dawn,” Ziedins said, pointing to Netflix’s big post-earnings move, as well as Alphabet’s fresh record highs.The tech sector managed to hold on to recent gains during Thursday’s trading session, with the Nasdaq Composite in green territory. 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