06-07-2017 16:50 via feedproxy.google.com

FAANG stocks continue their long slide dragging the Nasdaq with them (FB, AAPL, AMZN, NFLX, GOOGL)

The FAANG stocks have been losing their luster lately. 
The basket of tech giants is down an average of 3.72% over the last month. Alphabet is the biggest loser and is down 5.39% over the last month.
The sell-off comes as investors worry that the too-hot stocks are sporting valuations much higher than other sectors of the market. The companies have been selling off for most of the last month, dragging the tech-heavy Nasdaq 100 with them.
Other markets are faring better than tech, as th
Read more »