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Hedge funds dump FAANG stocks, but tech is a long-term winner: NYSE trader

Alan Valdes, Director of floor operations at Silverbear Capital, joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss the latest 13F filings that show hedge funds selling the so-called FAANG (Facebook, Apple, Amazon, Netflix, Google) stocks, as well as others, such as Snap.