‘Smart money’ signals are positive for only 2 of these 10 popular tech stocks

Earnings on many popular tech stocks, including FAANG stocks, are out. For the most part, earnings are better than the consensus numbers but worse than the whisper numbers.

Moreover, tech stocks have had a good run. How much of the good news is already discounted in the prices? Should you buy or sell? A helpful technique is to look at segmented money flows.

The chart

Please click here for a chart showing money flows in popular tech stocks. It shows money flows in FAANG stocks of Facebook FB, -1.46% , Apple AAPL, -4.34% Amazon AMZN, +2.87% Netflix NFLX, +0.89% and Alphabet GOOG, -4.78%GOOGL, -5.28%

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