NASDAQ Sell Off After Recent Bull Run

The NASDAQ index gets hit Tuesday as 1948 stocks in the index measure move lower while only 352 advance higher. Technical focuses should be noted, as the NASDAQ composite projects a MACD bear focus, with 12 and the 26 moving averages crossing below the 9 EMA and a retracement in the RSI indicator , previously trading in the overbought range for the past few trading days. Technical Indicators presented on the NASDAQ following its recent bull run, could have triggered investors attention to sell off. Weak Movers In The NASDAQ Trading Lower: Facebook Inc FB - 3.83 percent UniPixel Inc UNXL - 6.26 percent Keurig Green Mountain Inc GMCR - 2.92 percent Canadian Solar Inc. CSIQ - 4.55 percent First Solar, Inc. FSLR - 5.29 percent Netflix, Inc. NFLX - 3.11 percent Groupon Inc GRPN - 1.7 percent Tesla Motors Inc TSLA - 1.95 percent Amazon.com, Inc. AMZN - 2.85 percent Priceline Group Inc PCLN - 2.28 percent Gogo Inc GOGO - 4.58 percent GoPro Inc GPRO - 2.87 percent Some Noteable NYSE Tech Stocks: LinkedIn Corp LNKD - 6.49 percent Pandora Media Inc P - 5.71 percent Twitter Inc TWTR - 6.45 percent It should be noted that the larger market cap companies in the NASDAQ have significantly lower volume than average during Tuesday's open market.
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