Of note in this week’s list of strong ETFs is the performance of the QQQ Nasdaq ETF which appears to have reached a local bottom.
QQQ ended the week with a handsome gap up on the last trading day of the week.
Anyone watching QQQ would have caught the daily alert creation on 3/30 and investors would be richer by over 3% by the end of the week.
Regional banking – symbol KRE – also might be reaching a local bottom.
Strong ETFs also include emerging markets, small caps, 6 sector funds, and a single oil fund USO.
Don’t expect a lot of alerts this week because the pullback – which never really existed for these ETFs is likely in the past.
Use this list to add to positions assuming the market continues its upmove.
Read this weeks market timing summary for additional insights.
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