Back to nowhere. Seriously. With today’s small gain the KFTX is right back to where it was on Tuesday and basically back to where it closed last week. The fintech index added 3.72 points (+0.34%) to be back at 1100.87 today. But, remember, it is groundhog day.
With all this excitement and fun let’s see if there were any of the KFTX’s 50 components that had a 2 point and/or 3% change today.
ADS -4.41 (225.98)
BOFI -1.10 (28.65) -3.70%
BR +2.11 (67.98) +3.20%
FICO +2.99 (123.93)
MSCI +5.16 (88.91) +6.16%
VIRT +.65 (18.40) +3.66%
That’s several more than the past few days so there is some activity out there. Advance decline registered 27 issues up, 21 down and 2 unchanged (but note, there were 5 issues that only had a .02 change. That’s kind of unchanged in my book).
So here we are…….where we were before…….before we were here previously. Having fun yet?
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By Bill Taylor-CEO, Fintegration/FintekNews & CIO, TLC Capital Group