Worst FAANG Stock Year Ever!

TL;DR

Major Fang stocks, including Microsoft and Tesla, have seen significant declines this year, but there may be opportunities for growth in the future.

Transcript

what is going on investors hopefully guys are doing well out there that is right it is Friday it's time for the new year and it's time for the Fang stock recap show here on the investor Channel where every Friday we recap all the major news and the technical chart patterns from all the major Fang stocks including Microsoft and Tesla this week we wi... Read More

Key Insights

• 🧡 Major Fang stocks have experienced significant declines in 2022, with year-to-date losses ranging from 29% to 69%.
• 👀 Apple's declining iPhone production estimates and its rebound potential make it an interesting stock to watch.
• 😯 Amazon's focus on sports streaming and shedding excess air cargo space could have strategic implications for the company.
• 🤨 Tesla's declining demand in China and potential reductions in production raise concerns about its future performance.
• ❓ Despite the declines, analysts believe that these stocks have the potential for growth in 2023.
• 🎚️ Technical analysis indicates various levels of support and resistance for each stock, which should be carefully monitored.
• 🖐️ The upcoming earnings reports and potential market trends in 2023 will play a significant role in the performance of these stocks.

Questions & Answers

Q: Why is Meta (formerly Facebook) down 65% year-to-date?

Meta's decline can be attributed to various factors, including concerns over privacy issues, regulatory scrutiny, and the general market sentiment towards tech stocks this year.

Q: What is driving Apple's decline this year?

Apple's decline can be attributed to lower-than-expected iPhone production estimates, margin pressures, and concerns about market saturation for its products.

Q: How is Netflix performing compared to the other Fang stocks?

While Netflix is down 51% year-to-date, it has shown better performance over the last six months, with a significant rebound. This may indicate potential opportunities for growth in the future.

Q: Why is Amazon planning a standalone sports streaming app?

Amazon's exclusive rights to Thursday night football and other sporting events have prompted the consideration of a standalone sports streaming app, potentially integrating sports betting and gambling features.

Q: How is Tesla responding to declining demand in China?

Tesla plans to reduce Shanghai production in response to waning demand in China, which has led to concerns among analysts regarding revenue, deliveries, and potential price cuts.

Q: Are there any positive outlooks for these Fang stocks?

Despite their declines, many analysts believe that these stocks, especially Tesla, have the potential for strong growth in the future based on their manufacturing capabilities, market dominance, and potential positive earnings.

Q: How are these stocks performing from a technical perspective?

Each stock has its own technical patterns and levels of support and resistance. It is generally recommended to wait for signs of reversal and take into account upcoming earnings reports before making investment decisions.

Q: What can we expect in the stock market in 2023?

While there have been significant declines in major Fang stocks, it is possible that they may experience a rebound and have potentially one of their best years in terms of growth. It will be an exciting year to monitor the stock market.

Summary & Key Takeaways

• Meta (formerly Facebook) is down 65% year-to-date, with minimal news and a slight gain for the week.

• Apple is down 29% year-to-date, rebounding slightly as iPhone production estimates drop.

• Amazon is down 51% year-to-date, planning a standalone sports streaming app and looking to sell excess air cargo space.

• Netflix is down 51% year-to-date, with a mixed performance over the last six months and a 2023 compensation plan for executives.

• Nvidia is down 52% year-to-date, with potential for three nanometer chip production by its supplier, Taiwan Semiconductor.

• Google is down 40% year-to-date, facing potential expenses for an NFL Sunday Ticket package deal on YouTube.

• Microsoft is down 29% year-to-date, possibly facing labor union pressure due to the Activision Blizzard acquisition.

• Tesla is down 69% year-to-date, considering reducing production in Shanghai due to declining demand.