Technically the FANGS are weakening but the use of stock splits is helping to keep them afloat until the election. Seeking Alpha reports the FED is cutting back on the swap lines with foreign central banks.(to one per week instead of daily) I contend that what has kept the FANGS levitated this long (proping up the whole stock market) is that the FED, to get around US law preventing them from buying stocks directly, has provided foreign central banks, especially the Swiss National Baank, with billions of dollars to buy US stocks as their proxy.(wouldn’t be surprised if they indemified them from any potential losses.)