Does FANG stocks dictate the direction of the market?

I think that the FANG stocks are impotant for sure, but even if you have 1 of the Fang's miss quarterlyearnings from 1 of the Fangs. The seculiar growth stories are still very strong and it would actually be a buying opportunity. Where else can you get 20-40% percent revenue growth and earnings growth and margin expansion. The Fang stocks are representative of the new Tech stocks with huge mobile revenues.F.A.N.G. = Is short for FACEBOOK , AMAZON, NETFLIX, GOOGLEIf the economic data is getting better,people want to be long Equities. The inflows to the large brokerage firms confirm this. And what I think is important during the last month is the breadth of the expansion to expand as high-beta outperformed low-beta by a wide margin. That is a healthy sign for the market, I think this is the point where people want to get invested. I think broadly speaking you are going to see rotations into some of these other asset classes like value sector which has underperformed year to date, but is picking up momentum.Well there's a couple things to explain about, first we have to define our time frame. We are talking big-picture S&P500 TECH sector broke-out of a multi-year base above its year 2000 highs last week.It was the first all time high in seventeen years. So I think that this is significant from a big-picture perspective. We still have really strong breath in which 90 percent of sectors are above there 200 moving day average.STAY LONG, WORRY ALITTLE, BUY THE DIPS!!!