"FAANG stocks make up 14% of the S&P 500 by market value, a concentration that imperils investors"
F = Facebook [FB]
A = Amazon [AMZN]
A = Apple [AAPL]
N = NetFlix [NFLX]
G = Google [GOOG]
https://www.marketwatch.com/story/fear-the-faang-stocks-heres-a-better-sp-500-index-fund-for-you-2018-07-26
Stock Market Doom And Gloom