By Bill Taylor-CEO, Fintegration/FintekNews & CIO, TLC Capital Group
1/5/17 Daily Closing Analysis – NASDAQ Fintech Index (KFTX)
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.