By Bill Taylor-CEO, Fintegration/FintekNews & CIO, TLC Capital Group
11/10/16 Daily Closing Analysis - NASDAQ Fintech Index (KFTX)
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Fintech stalls. Taking a break? Out of favor? The fintech sector (all tech for that matter) is sort of being left out of the “Trump rally” of the past two days. Problem? Or just something to watch closely? Oh well, in any event the NASDAQ KFTX fintech index stalled and settled down 1.51 points at 1021.25, off -0.15%.
Let’s filter through the sandbox and find the active issues in the KFTX index. Here are the 2 point and/or 3% movers:
ADS +2.47 (209.79)
BKFS -1.65 (37.15) -4.25%
BOFI +1.61 (21.80) +7.97%
CLGX -1.85 (39.53) -4.47%
CME +5.05 (117.05) +4.51% (higher trading volume; new bitcoin index launching)
EEFT -2.77 (74.62) -3.58%
EFX -6.30 (116.23) -5.14%
ENV +1.00 (33.75) +3.05%
FDS +2.41 (160.78)