Facebook, Amazon, Netflix, Google account for 90% of market cap gains since December 2014: Tonight, Amazon missed

By Mike “Mish” Shedlock In an interesting tweet that shows investor herding into a small subset of high-beta stocks, Jeff Macke notes Facebook, Amazon, Netflix, and Google, collectively named (FANG) account for over 90% of S&P 500 market cap gains since December 2014. Google Beats Both companies reported tonight. CNBC reports Google parent Alphabet sees earnings,…