META: Tech-Wreck's Leader Of The Pack

By Candy Matheson of Strawberry Blonde's Market Summary

Blogger & Retired Russell 2000 E-mini Futures Day Trader • Oct 29, 2022 at 8:44 PM EDT

The following one-year charts and year-to-date percentages gained/lost graph show how much the 10 Technology stocks within the FNGU ETF have dropped during those periods.

The following one-year charts and year-to-date percentages gained/lost graph show how much the 10 Technology stocks within the FNGU ETF have dropped during those periods.

META has lost the most, percentage-wise (70.51%), so far this year, followed by:

NVDA (52.93%),
NFLX (50.91),
BIDU (47.21%),
BABA (46.34%),
AMZN (37.97%),
TSLA (35.13%),
GOOGL (33.53%),
MSFT (29.41%), and
AAPL (11.93%).

FNGU has, itself, lost 87.05% this year.

Further weakness in META could drag these stocks lower...one to watch.

(Click on image to enlarge)

One-year Daily Charts

(Click on image to enlarge)

Year-to-date Percentages Gained/Lost graph

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