Swing Trading Strategies & Stock Picks Since 2003



Watch Trading Videos for FREE now!
draw trend
You Are Here: Home > Articles > Commentary > Growth stocks continue to rally; The Ultra long...

Growth stocks continue to rally; The Ultra long ETF’s, QLD and TYH beat most tech stocks again
Mar 11, 2010

Picture

Dr. Wish

add Wishing Wealth
More articles
Font Size:
Text size
Text size
Text size


With the GMI and GMI-R at their maximum levels, growth stocks continue to rise.  AAPL continues to rise, along with PCLN, RMD, GMCR, NFLX  and CREE, all of which I own.  As you know, I concentrate my trading in stocks at or near their all-time highs.  I also like to see good earnings trends.  Some of these stocks had recent quarterly earnings increases of  100% or more.  The current short term up-trend in the QQQQ has now reached 14 days.  During that time, the QQQQ has increased +5.2%, QLD by 10.6% and TYH by 11.1%.  In the same period, only 15% of the Nasdaq 100 stocks (and 14% of the S&P 500 stocks)  rose 10% or more.  Again, we find that in an up-trend, one can beat most Nasdaq 100 stocks (and S&P 500 stocks)  by simply buying the ultra long tech ETF’s, QLD and TYH.

  • gmi: 6
  • gmi-r: 10
  • t2108: 84


by Dr. Wish (Wishing Wealth)

Rate this article

 
 
(click to rate) 


Back to top


You Are Here:Home > Articles > Commentary > Growth stocks continue to rally; The Ultra long...

BUY? SELL? HOLD?
Find out now.