Lifetime highs, all across the board! How about that? The fabled FAANG stocks have apparently busted into two groups. The first, Facebook, Apple, and Google, are all persistently, consistently pushing higher, virtually with no exceptions. It’s just a QE4-lovefest, and the Fed bux are flowing directly into the Buy orders to power these to lifetime highs every single day.
The other two, however, seem to be saying “NA!”, because their behavior is far choppier. NFLX and AMZN, shown below, have enjoyed recent gains, it’s true, but unlike the trio above, they are nowhere near lifetime highs, and their price movement has been more sporadic in recent months.