Bear Market? Don't Tell Facebook
![](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2017/11/931/506/nyse-trader-10-14-13.jpg?ve=1&tl=1)
1. Glimmer of Hope?
![Chartman-01292016-dj](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2018/02/931/523/chartman-01292016-dj.jpg?ve=1&tl=1)
Bear markets are tough because they’re painful, but often give glimmers of hope. I think that’s what we went through this past week, and that “hope” could continue for a while.
2. Big Week for Facebook...
![Chartman-01292016-fb](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2018/02/931/523/chartman-01292016-fb.jpg?ve=1&tl=1)
Bear markets are tough because they’re painful, but often give glimmers of hope. I think that’s what we went through this past week, and that “hope” could continue for a while.
3. ...Not for Netflix
![Chartman-01292016-nflx](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2018/02/931/523/chartman-01292016-nflx.jpg?ve=1&tl=1)
Of course, another “FANG” stock tells a different story, as Netflix (NASDAQ:NFLX) remains under that nasty downtrend line. It may bounce from here, but I’d still avoid it.
Back next week to see if the bounce continues to confound the bears!