Smoking Securities

Half Baked High Finance

NASDAQ 100 Bullidex ($QQQQ)

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BPNDXQQV090528The NASDAQ 100 continues to fair much better than the S&P 500, exhibiting lower volatility with more rising stocks. How long this will last is undetermined, but it is best to wait for a trend change rather than anticipate it. I remain bearish on the S&P 500, and though I’m technically bullish on the NASDAQ 100, I suspect it is only a matter of time before this space succumbs to weakness.

Written by chucklesamadeus

May 28, 2009 at 10:13 pm

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