17 July, 2014 by The TZ Newswire Staff Comments Off on KRE Forms Outside Day – Dollar Holds Breakout
KRE Forms Outside Day – Dollar Holds Breakout
Stocks opened strong and then stalled. SPY and QQQ managed to hold their gains and close slightly higher. IWM did not and closed fractionally lower. Seven of the nine sector SDPRs were higher with technology, energy and materials leading the way. The Technology SPDR gained almost 1% with help from semiconductors and Intel. The Regional Bank SPDR (KRE) got clobbered with a 1.5% loss and formed an…