• Lack Of Facebook Exposure Keeps Dow Jones Industrial Average In The Green

    2 monthes ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis wraps up the trading week with a recap of Thursday's Facebook-fueled pullback for the Nasdaq 100 and updates the important technical indicators to consider as we approach the end of July.
    The talk yesterday was all about Facebook. Their forward guidance was poor and the stock was hammered after hours on Wednesday. It ended on Thursday at 176.26, down 18.9%. This hurt the NDX and many other indices that have large positions in the stock.
    Naturally, the NDX was the weakest performer of the big three on Thursday. The Dow Jones...
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