What Facebook Earnings Could Mean for FAANG Stocks

The video discusses Facebook's recent earnings, highlighting a positive momentum in its stock price, which is expected to surpass resistance levels. It places Facebook within the broader context of the FANG trade, noting the potential for these tech stocks to reach 2018 highs. The analysis extends to the NASDAQ 100, emphasizing strong market breadth and the performance of equal-weighted indices, particularly in biotech and healthcare sectors.

What trends were observed in the equal weighted NASDAQ 100 compared to the regular NASDAQ 100?

What does the discussion suggest about the future momentum of large market cap names in the NASDAQ 100?