{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Sam McElroy - Beware of FAANG's Bearing Gifts #3947","description":"During most of the bull market, momo money flows have been positive to extremely positive in FAANG stocks. Now for the first time, there are early signs of the momo crowd turning on FAANG stocks. To be clear, this is not an all out \u201csell\u201d signal on FAANG stocks for two reasons.  \u2022 The smart money is still not selling into the weakness. As The Arora Report has been sharing with its subscribers, the smart money has been lightly selling into the strength. \u2022 The momo crowd is fickle.  Three fundamental changes Here are the three fundamental changes behind the turn. \u2022 Facebook is under fire because its data has been misused. Is Facebook data a weapon that Facebook cannot completely control? \u2022 The European Union may impose a 3% tax on gross revenues on big tech companies. If this happens, it will hurt earnings. \u2022 There is a report that Apple is working on its own display technology. This will hurt many Apple suppliers. The ones that are seeing an immediate effect in their stock prices are Universal Display OLED, +5.37% LG Display LPL, -0.74% and Synaptics SYNA, +0.94% Five stages you need to know To profit from change, investors need to know the five stages of change. Please click here to see the chart showing the five stages for a \u201cbuy\u201d position. Please click here to see the five stages of a \u201cshort\u201d position. A short position is a bet on a decline in a stock.  What to do now The Arora Report subscribers have been provided with detailed guidance. What you do now depends on the following factors. \u2022 Are you overly concentrated in FAANG stocks? \u2022 Are you overly concentrated in tech stocks? \u2022 Have you been taking partial profits along the way?  \u2022 When did you buy those stocks? \u2022 Based on the size of your unrealized gains, what are the tax consequences? Finally, watch the flows to see if a buying opportunity develops or more partial profits need to be taken. ","author_name":"Kerry Lutz's--Financial Survival Network","author_url":"https:\/\/FinancialSurvivalNetwork.com","html":"