FANG stocks – the world's most crowded trade – burns investors who held into earnings
https://www.cnbc.com/2018/07/26/worlds-most-crowded-stocks-fang-burns-investors-in-q2-earnings.html
The hottest trade of the bull market burned investors when it was time to actually show results. Investors holding the so-called FANG stocks are taking a pummeling as the tech companies report second-quarter earnings. Google-parent Alphabet was the only stock to rise the day of its most recent report, while Netflix dropped over 5 percent and Facebook took a 19 percent beating on Thursday. Amazon is set to report Thursday after the bell.