Facebook, Amazon, Netflix and Google (now Alphabet) are so large that the can affect the market, especially over the short term. This week tech stocks took a beating, recovered some and could be up or down for the week by the time you read this. As I am writing this the NASDAQ jumped up over 1.5% in about 30 minutes since I last checked. Its the nature of tech stocks and the market at large these days. Make no mistake, however, these four stocks are always in the crosshairs both positively and negatively. It seems Trump has an ax to grind with Amazon but seeing how there are more Amazon Prime subscribers than the number of people who voted in the last presidential election it isn’t a big concern in our opinion.
Enjoy this week’s links.