Week 51 Big Tech Trending and Performance
Trending Heat Map
I added Snowflake SNOW to my list of Big Tech stocks that I track. SNOW got added to the FANG+ list of stocks recently.
There are several that could be considered so bad that they could be good now. Tesla TSLA was down -8% today. Think it is a candidate at least for the short-term.
Strange to see META trending better than everyone else.
Week-over-Week Performance
Last week was bad for all except META as expected from the trending heat map. Tesla TSLA was down the hardest, but all were bad.
Performance 2022
Nothing good to be seen here. The only question is, as I stated above, are some of them so bad that they are good now. Tesla TSLA does look like that. And META is trending better that the others.