Five stocks Swallow Up More of the Nasdaq Than Ever Before.

The FAANG block of Facebook Inc., Amazon.com Inc., Apple Inc., Netflix Inc. and Google now account for over 27 percent of the NASDAQ Composite Index, a new all-time high.

Buffett is buying Apple. I do not think any of them are worth the price.

Mike "Mish" Shedlock

Nasdaq Down 5%, DOW and S&P Down Over 3%: Just a Start

The FANGs led the Nasdaq on the way up and lead again on the way down. Technology shares were hammered close to 5%.

Just 5 Stocks Account for 20% of the S&P 500

If you believe you are diversifying by buying an index ETF, you are mistaken.

Passive Investing Madness: 50,000 Stocks vs 3.7 Million Indexes

There are 3.7 million ways you buy stocks and bonds without owning a single issue outright.

Motor Vehicle Production Index Hits New Record High

Industrial production rose 0.3% in December from a downward revision of 0.4% in November originally reported as 0.6%

Flat is the New Up: Cass Shipping Index Down 12 Straight Months

In November, shipment volumes fell 3.3% They are are negative year-over-year for 12 consecutive months.

Expect More Pain, Much More Pain

If you think you can hide out in ETFs or high growth stocks and weather the downturn, please think again.

Cass Year-Over-Year Freight Index Sinks to a 12-Year Low

Year-over-year, the Cass shipping index turned in its worst performance since the Great Recession.

ISM Service Index Up, 11 Sectors Expanding, 6 Contracting

The ISM reports the Non-Manufacturing Index rose for the 119th month in December but 6 sectors are contracting.

Philly Fed Prices Paid Index Jumps to 59, Up From 44

The Philly Fed prices paid index jumped in April. 59% of firms reported paying more for inputs, up from 44% in March.