Jun 25 2018 - Tech Gets Hit, Staple Stocks Jump Higher

The broad markets got hit with some selling pressure on the heels of the Supreme Court opening the door for individual States to tax internet purchases at their discretion. Keep an eye on the 50-day & 200-day SMA's as key support levels for the near-term.

Staple stocks (via the XLP ETF) did very well today... CLX, HSY, KHC, GIS, PG and more all finished slightly to significantly higher. We also discuss AAPL, GOOGL, AMZN, NFLX, NVDA, ADBE and more.

Have a great day!

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