There’s been a lot of buzz around the “FAANG” stocks this year, and how they’re helping the S&P 500 to new heights. However, in my opinion, this is nothing new. Those are some of the biggest stocks in the index, and it’s a cap-weighted index, so OF COURSE they’re going to be driving the bus when they perform well. Don’t get me wrong, it’s great that these stocks have been having a killer 2017, but I don’t exactly see it as ground-breaking news that they’re supporting the S&P’s return this year.
Here’s what I’ve been reading this morning:
‘Financial News Doesn’t Rhyme, But It Does Repeat Itself’ – Ben Carlson – A Wealth Of Common Sense
‘Marrying Active and Passive Management’ – David Fabian – FMD Capital Management
‘Does Equal-Weighting Lead To More Consistent Returns?’ – Lawrence Hamtil – Fortune Financial
‘Top Performing ETFs of the Year’ – Sumit Roy – ETF.com
‘Lessons From Irma’ – Dr. Jemma Green – Forbes
ENJOY!
