The FAAMGs are set to announce earnings this week and it has the market jittery as the VIX rose alongside the S&P 500 in today's session. With these stocks representing nearly 23% of the S&P 500 market cap and nearly 42% of the Nasdaq 100, the recent run in these names could provide some downside pressure this week. Finally, as AMZN is expected to announce the acceptance of Bitcoin and other crypto, digital currencies are surging today as well as unusual option activity of crypto mining stocks (MARA, RIOT, BITF, BTBT)…
FAAMGs Take Center Stage as Crypto Steals the Show
