kftx Ah, the good old days. Remember when markets opened down

BIG and you could buy the 'dip' and the markets would zoom higher? Yeah, you're getting older too. Now, you

CAN

buy the dip but rather than a close higher you get sluggish movement and a nap is more appropriate. So in the morning today the major averages opened down big in the aftermath of the failed healthcare bill. S&P and Dow lifted but couldn't get plus, NASDAQ Composite managed to finish with a slight gain and everything else churned. Soft yawn! Markets feel very heavy and like I said above, dip buying just ain't what it once was. Fintech? This sector is

very

weak. Looking at the

KFTX

fintech index which closed lower by

2.75

points

(-0.24%)

at 1120.29, you will find breadth deteriorating (13 stocks up, 37 down) and a whole lot of the issues only moving a few pennies. Not participating, not good. But hey, lets seek out any of those 50 index stocks that moved 2 points and/or 3% today.

FDS

-2.18 (174.55)

MKTX

-2.71 (184.99)

SQ

+.66 (17.25) +3.98%

So, 2 stocks woke up this Monday and the rest slept in. Another big yawn.

Last week of the month

AND

last week of the 1st quarter. Taking profits from the quarter's rally with some selling, or mark up what you own with some buying? Still urging caution at these valuation levels and see more downside risk than upside gains. Have a nice evening.