The biggest gains are often when we see a shift from one industry to another or one asset group to another asset group. We have a bit of both in the process of happening.
- Nasdaq 100 – chart and Inverse chart.
- Over-heated sector – Semiconductors
- About to Break-Out Upwards – Gold and Gold Miners
- Basing and about to move to a Stage 2 chart – Hershey Foods (HSY)
The NASDAQ ETF, QQQ, is still in a strong upward trend but by historical measure it is as over-bought as it gets. Be careful and consider scalping some money from the position or the leading performance positions in the Continue reading