Dow Up, Nasdaq Down!!!

Boeing broke through for another new high at open and then went down and didn't come up for air much today.

Home Depot led the Dow Jones Industrial Average on Thursday as it ran up until 10:50am then fell sharply, but did end the day higher. I would expect to see more of the same on Friday. Verizon also made a nice more up today to break through 49.

Tesla broke out to 328 and fell for most of the day after that. It would have been a good day to buy a Put Option on them around 10am. Every day there is more news of another crash involving a Tesla, so I would not be surprised to see them dip again through Tuesday. The pressure will be on for Tesla to deliver results by the end of the month when Elon Musk says they are going to produce 5,000 cars in the last week of June.

Amazon, Alphabet and most other tech stocks sold off sharply today. This appears to be typical trend after so many hit new highs. I would expect this to continue through Tuesday. Buying Puts on Friday and Monday might be best. 

Banks sold off also today after starting the day up. They still finished up, but marginally.