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It seems like you can't turn on a television without hearing about the "FANGMAs" – which of course are Facebook, Apple, Netflix, Google, Microsoft, and Amazon.
You'll hear they're the linchpins of the economy; you'll hear they're the only force keeping the market up – that they're outpacing every other stock out there. Eventually, you'll hear these companies can cure a rainy day.
And there's more than a little truth to this, at least until you start trying to chart their impact on the weather.
It makes for good television, but when you get right down to it, this FANGMA obsession opens the door to costly – and potentially disastrous – emotional decision-making, which, as I talk about all the time with 10-Minute Millionaire Insider and Stealth Profits Trader readers, is best avoided.
So what's the truth about the FANGMAs?
Well, I ran the numbers myself to share with you…
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About the Author
Nationally recognized technical trader. Background in engineering, system designs, and risk reduction. 26 years in the markets.
It would be great if we received a heads up when any of the money map folks are appearing on tv
Hi Jack,
Thank you for reading Money Morning!
We have a Profit Alerts category called "On TV Today." If you sign up for this Profit Alert, you will get an email every time a video of a guru's TV appearance is posted on the Money Morning website. Profit Alerts are free, and you can sign up for them by clicking on "Manage Your Profit Alerts" at the top of the Money Morning homepage.