Bear Market? Don't Tell Facebook

1. Glimmer of Hope?

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...

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

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!