…Stocks down. Watch FANGS. Factory production down. Empire state up. Jobless claims down. AZ loses jobs. Trump’s apprentice thing. Sanctions on. The ACA secret. BOE unchanged but divided. Kroger whacked. Wells Fargo steps in it, again. Financial Rreview by Sinclair Noe for 06-15-2017   DOW – 14 = 21,359 SPX – 5 = 2432 NAS – 29 = 6165 RUT – 7 = 1410 10 Y + .02 = 2.16% OIL – .47 = 44.26 GOLD – 6.40 = 1254.70   The Dow could not hang on to record highs and the S&P 500 and Nasdaq Composite continued to slip. A selloff in technology stocks that began last Friday has clipped 4.1 percent off the S&P 500 information technology index as investors worry about stretched valuations in 2017’s top-performing sector. During that time, Alphabet has lost 5.8 percent, Amazon is down 5.2 percent and Facebook is off 4 percent. Apple has declined more than 7 percent in the past five days. Valuations of the mega-tech stocks have moved to fairly lofty levels and there is reasonable concern that valuations have grown too large relative to earnings forecasts. The question is whether this is just a healthy pullback or the beginning of something more ominous. You have to decide for yourself, but it certainly means you should be paying closer attention to any holdings in these big tech names.   Factory production slipped 0.4 percent in May, as manufacturers cranked out fewer cars, computers and semiconductors, a sign that economic growth remains ...