Let's not talk about sleep.

Fast money starts right now with a true tech rackfang stocks, investors punched again in the gut once again today.

Facebook and Netflix both entering a bare market.

That means they're down more than 20% from their highs.

Amazon and Google also falling today,

inching toward correction territory.

Those four fang stocks biting the entire NASDAQ that index dropping more than a percent

today for the third session in a row unlike Friday the Dow also got hit today

it finished down 144 points.

Welcome everybody, great to see you.

Thanks for having me.

Gai Adami.

Will these four stocks take down overall the entire market going forward?

Take down the entire market going forward. So down the entire market going forward.

So one of the points I made last week,

by the way, I thought the S&P would challenge

to make a new all-time high,

it got close, didn't happen,

so I was wrong on that front.

But to answer your question, if Facebook is stocked it, across the board I think we all thought was fairly valued

wasn't an unreasonable valuation

strong quarters up until last one

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