Alphabet, Amazon and Facebook Have the 'Wind At Their Back' Ahead of Earnings

The remaining FANG stocks report earnings this week.
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The remaining FANG stocks report earnings this week: Amazon (AMZN) - Get Report , Alphabet (GOOGL) - Get Report and Facebook (FB) - Get Report .

These companies have the 'wind at their back' according to Sam Stovall, chief investment strategist at CFRA.

The S&P 500 tech sector is trading above where it was in March 2000, but Stovall said the comparison isn't apples to apples. 

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