Amazon Enters Bear Market Amid FANGs' Worst Month Ever

October has been a disaster for FANG stocks (and momentum trades overall)...

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...and as Amazon enters a bear market (down over 20% from its highs)...

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FANGs are having their worst month ever...

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Only Alphabet (for now) remains out of a bear market:

• Facebook is down 33.9% from its highs
• Amazon is down 20.7% from its highs
• Netflix is down 30.3% from its highs
• Alphabet is down 18.8% from its highs

FANG Stocks are at six-month lows...

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