This is the like the most powerful index on earth! From end of March 2020 to first week in Sept 2020, FANGS appreciated ~140%. If a trader had the right bottle, $1 could have become $34,000! This is just the mathematics. (Note carefully - this is an educational post, not a trade. I have not traded this nor do I make any claims. Trading in *derivatives in this index or any other, can multiply the value of $1. See disclaimer.)
The FANG+ index is one to watch for everything else. It rules the world, of stock markets and influences several currencies (USD, NZD, AUD and JPY). This is where the big boys play!
So - will the superheroes save the world? I don't know.
There has been an important and sudden correction of this index. Stay tuned.
Disclaimers: Leveraged trades and *derivatives are highly risky instruments. This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, or miss opportunity, kindly sue yourself.
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