Category Archives: Daily Top Ten

Topley’s Top Ten – June 13, 2017

1.SPDR Tech ETF Outflows …..Not “Crash” Level.

The SPDR Tech Select Sector ETF, which tracks tech companies in the S&P 500, saw a $560 million outflow on Friday, the biggest single-day removal since January 30, according to Bloomberg data. The trailing five-day outflow amounted to $737 million, which was the biggest weekly figure since the early 2016.

http://www.businessinsider.com/the-tech-stock-fairy-tale-is-heading-for-a-bad-ending-2017-6

Nasdaq 100 Chart…..Pullback to 50day on good volume (2nd arrow)….Far from “crash” yet

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