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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Topley’s Top Ten – June 12, 2017
1.Emerging Markets Earnings Growth Running at 19% Y over Y.
Global Earnings Forecasts from State Street
Topley’s Top Ten – June 8, 2017
1.Inflation?? Commodities Make New Lows for 2017
Jefferies commodity index 50 day thru 200day to downside…New 2017 low
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Topley’s Top Ten – June 7, 2017
1.Interest Rates Settling Back and Trump Trade Reversing Leaves 2017 a Large Cap Year So Far.
VOO (large cap) +8.8% vs. IWM (small cap) +3.26%
