Is this the start of another S&P 500 crash? Last week after the S&P 500 broke above a key level, it pulled back and closed down for 2 consecutive days. Last time the S&P 500 did that was back in the beginning of June of this year. In this S&P 500 analysis, we will analyze the S&P 500 and its ETF, the SPY along with the stock market sentiments and the stock market internals to see if they are all indicating another crash is beginning. As a bonus, we will also analyze the following FAANG stocks; Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflex (NFLX), and Google (GOOGL). Four of the FAANG stocks will be reporting their Q2 earnings next week, and we will discuss what the market is pricing in for their post earnings move.
