Forget 'FAANG' growth stocks, one technical analyst touts 'BAANG' stocks for a new, scarier era

‘BAANG is the new ‘FAANG.’ So says technical analyst John Roque at Wolfe Research, who believes a group of gold miners he coined as BAANG— Barrick Gold, AngloGold, Agnico Eagle Mines, Franco-Nevada, Gold Fields — are better plays than mega-cap FAANG names as they might have reached their peaks and started losing steam. “We made this index BAANG in homage to the fading FAANG,” Roque said on CNBC’s “Squawk Box ” on Monday. These gold miners are “much like gold. So gold has broken out but it’s still down way from its highs in ...