Social Media Stocks Friending Correction? – Global X Social Media …

SummaryOne can get a sense of whether a manic phase in the uptrend is underway based on pockets of stocks which exhibit irrational outperformance.
The two areas which have been the attention for speculators have been Biotech and Social Media.
If Social Media stocks keep faltering, it would mean risk sentiment in high flying stocks is unable to stick.
“Sometimes being a friend […]