kftx

March Madness & St Pats. Tough for the markets to compete with that combination for any interest. After a bit of activity in the early part of the session the enthusiasm waned and traders/investors drifted off to the TV to watch some basketball, headed to the local bar to "pre-game" St Pats Day tomorrow or both (in case ya didn't know, they have TV's in bars now......super idea, is it new?). Anyway, all the averages drifted and we finished with a totally mixed session. Big Yawn! The fintech sector was actually one of the stronger areas. The

KFTX

fintech index rose

5.19

points

(0.45%)

and closed at 1150.85. With 50 stocks in the index there were 35 winners. 14 losers and 1 unchanged. A few stocks managed a 2 point and/or 3% change on the day and.....ta da.......here they are.

FLT

+2.17 (163.99)

TREE

+2.70 (123.90)

Well that's a quick read. Not much activity to look at.

So lets not get too excited out there. The Fed did there thing which was expected, markets rallied which was kind of a surprise, shorts covered and.........here we are. Same old, same old. Tomorrow will (or should be) very quiet with parades, drinking and basketball. Still urging caution. When there is a correction (yes, there WILL be one) you will know it only after its over. Sharp, severe and nasty. Be prepared.

Have a good evening, gotta go check my bracket.