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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
- 1.95 percent
Amazon.com, Inc.
AMZN - 2.85 percent
Priceline Group Inc
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- 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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