Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.

FANG Motors the QQQ Higher


With the exception of Facebook, Inc. (FB), the FANG stocks are in various, potentially positive juxtapositions above their 50- and 200-Day EMA's.

Amazon.com, Inc. (AMZN), Netflix, Inc. (NFLX), and Alphabet Inc. (GOOG) all are trading above their 50-Day EMA's now, and are beginning to accelerate up and away from their 200-Day EMA's, both of which are very positive technical conditions, and will help drive the PowerShares QQQ ETF (QQQ) into higher all-time high territory projected next into the 124.00 area (120.92 last).

As for FB, a sustained climb above 122 will satisfy the positive conditions exhibited by the other three members of FANG, and will position FB for upside acceleration towards 127.00 next.

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!