{"id":48284,"date":"2018-11-05T15:00:49","date_gmt":"2018-11-05T20:00:49","guid":{"rendered":"https:\/\/www.ino.com\/blog\/?p=48284"},"modified":"2018-11-05T15:22:09","modified_gmt":"2018-11-05T20:22:09","slug":"tech-stocks-continues-pull-nasdaq-lower","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2018\/11\/tech-stocks-continues-pull-nasdaq-lower\/","title":{"rendered":"Tech Stocks Continues To Pull NASDAQ Lower"},"content":{"rendered":"<p>Hello traders everywhere. The NASDAQ continues to be pummeled by tech stocks, falling over 1% after posting a positive week last week. The reason for the drop? Big tech, Apple is grabbing the headlines with its shares falling over 3% to $198.17, bringing their monthly losses to 8.1% and five straight weeks of declines. That's the first time Apple's traded below $200 since July of 2018. <\/p>\n<p>Other tech stocks retreated as well, including Amazon.com Inc. down 3.8%, Alphabet Inc. losing 3.2% and Nvidia Corp. falling 3.9%. Not shockingly, all of the FAANG are lower to start the week.<\/p>\n<p><a href=\"http:\/\/club.ino.com\/join\/videos\/latest\/?vidid=club-mc_update_20181105&mkt=freetrial-blog1pm1105\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"\/img\/sites\/ino\/email\/10134.jpg\" alt=\"Tech Stocks\" width=\"638\" height=\"354\" \/><\/a> <\/p>\n<h2 style=\"color: #003380; font-size: 20px;\">Key Events On Tap This Week:<\/h2>\n<p><!--more--><\/p>\n<p>Crude oil is mounting a bit of a comeback on a daily level after suffering five straight days of steep declines gaining over 1% on the day. This move comes after the United States formally imposed punitive sanctions on Iran, but granted eight countries temporary waivers allowing them to keep buying oil from Iran. <\/p>\n<p>The United States has granted exemptions to China, India, Greece, Italy, Taiwan, Japan, Turkey, and South Korea, allowing them to continue buying Iranian oil temporarily, Secretary of State Mike Pompeo said on Monday. Some of these are OPEC member Iran's top customers.<\/p>\n<p>U.S. officials have said the sanctions aim to stop all Iran's oil exports eventually. <\/p>\n<ul>\n<li>Reserve Bank of Australia November policy decision Tuesday<\/li>\n<li>Monetary policy decisions are due in Japan and the U.K.<\/li>\n<li>Federal Reserve policy makers are expected to leave the main interest rate unchanged Thursday at their penultimate gathering of 2018<\/li>\n<li>Trump plans to meet Russian President Vladimir Putin on the sidelines of Armistice Day celebrations Nov. 11<\/li>\n<li>Mid-term election will conclude on Tuesday<\/li>\n<\/ul>\n<h2 style=\"color: #003380; font-size: 20px;\">Key Levels To Watch Next Week:<\/h2>\n<ul>\n<li><strong>S&P 500 <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/CME_SP500\/?mktcode=tradersblogsymbols\" target=\"_blank\">(CME:SP500)<\/a><\/strong>: 2,816.94<\/li>\n<li><strong>Dow <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/INDEX_DJI\/?mktcode=tradersblogsymbols\" target=\"_blank\">(INDEX:DJI)<\/a><\/strong>: 24,077.56\/25,814.68<\/li>\n<li><strong>NASDAQ <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NASDAQ_COMP\/?mktcode=tradersblogsymbols\" target=\"_blank\">(NASDAQ:COMP)<\/a><\/strong>: 7,670.49<\/li>\n<li><strong>Gold <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NYMEX_GC.A18.E\/?mktcode=tradersblogsymbols\" target=\"_blank\">(NYMEX:GC.Z18.E)<\/a><\/strong>: 1,228.40<\/li>\n<li><strong>Crude Oil <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NYMEX_CL.Z18.E\/?mktcode=tradersblogsymbols\" target=\"_blank\">(NYMEX:CL.Z18.E)<\/a><\/strong>: 64.14<\/li>\n<li><strong>U.S. Dollar <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NYBOT_DX.Z18.E\/?mktcode=tradersblogsymbols\" target=\"_blank\">(NYBOT:DX.Z18.E)<\/a><\/strong>: 94.47<\/li>\n<li><strong>Bitcoin <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/CME_BRTI\/?mktcode=tradersblogsymbols\" target=\"_blank\">(CME:BRTI)<\/a><\/strong>: 6,486.29<\/li>\n<\/ul>\n<p>Every Success,<br \/>\nJeremy Lutz<br \/>\n<a href=\"http:\/\/www.ino.com\/\" target=\"_blank\">INO.com <\/a>and <a href=\"http:\/\/club.ino.com\/members\/?mktcode=blogjl\" target=\"_blank\">MarketClub.com <\/a><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Hello traders everywhere. The NASDAQ continues to be pummeled by tech stocks, falling over 1% after posting a positive week last week. The reason for the drop? Big tech, Apple is grabbing the headlines with its shares falling over 3% to $198.17, bringing their monthly losses to 8.1% and five straight weeks of declines. That's [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":48287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[9163,10050,6249,9453,6320,6319,9521],"class_list":["post-48284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-videos","tag-bitcoin-cmebrti","tag-crude-oil-nymexcl-z18-e","tag-dow-indexdji","tag-gold-nymexgc-z18-e","tag-nasdaq-nasdaqcomp","tag-sp-500-cmesp500","tag-u-s-dollar-index-nybotdx-z18-e"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tech Stocks Continues To Pull NASDAQ Lower - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"description\" content=\"The NASDAQ continues to be pummeled by tech stocks, falling over 1% after posting a positive week last week.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2018\/11\/tech-stocks-continues-pull-nasdaq-lower\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tech Stocks Continues To Pull NASDAQ Lower - 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