KFTX Fintech Index-1/5 Daily Closing Analysis

 

By Bill Taylor-CEO, Fintegration/FintekNews & CIO, TLC Capital Group

1/5/17 Daily Closing Analysis – NASDAQ Fintech Index (KFTX)

 

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Softness for fintech. Big run up, pause with a touch of soft selling and……….a blah day is in the books. But, not bad with the NASDAQ KFTX fintech index giving up only 1.66 points (-0.15%) to close at 1087.75. Sitting on the all time highs and biding time.

Well, here’s the section where the list of stocks in the KFTX that moved 2 points and/or 3% get to show their stuff. Let’s begin;

NONE?        NONE??     Now that’s slow.

Advance decline? 24 up, 25 down and 0 unchanged. Can’t be any more even.

Tomorrow? NFP payroll in the morning followed by………………….?? End of a short week, holidays are over and everyone should be back next week. Smells like a dull day (again) but I’ve been fooled lately. Have a great evening.