It's time to avoid Facebook (FB) , Amazon (AMZN) , Netflix (NFLX) and Alphabet (GOOGL) , according to David Bahnsen, chief investment officer at The Bahnsen Group of HighTower Advisors.

Bahnsen sees opportunities in other sectors like energy and financials amid the Trump Administration's deregulation plans.

Within energy, he likes Schlumberger (SLB) , Enterprise Products (EPD) and Enbridge (ENB) .

More of the Trading Strategies You Need For the Second Half:

If you liked this article you might like

Zuckerberg, Facebook Directors Settle Delaware Suit Over Voting Rights

North Korea's Nuclear Threat Pressures Wall Street at Trading Week's End

LA Times Tops 100,000 in Digital Subscriptions

Stocks Claw Back From Session Lows as Markets Digest North Korea Threat

North Korea Threat Resurfaces to Drag Stock Futures Lower