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Blog Post: Day 11 of $QQQ short term up-trend; 19 of 109 stocks reaching an ATH on Thursday were in the semiconductor business. Perhaps that is why SOXL is up 135% since 3/31. It also had a GLB.
Every night I run the stats on stocks hitting ATHs. I wrote a few days ago that semiconductors were the largest industry coming up and that suggested to me that big money was flowing into them. Rather than buying individual stocks that might get hit during earnings season, I bought the 3x leveraged bullish ETF SOXL, which had a recent GLB.
Blog Post: Day 10 of $QQQ short term up-trend; MoneyShow went great! Link to come. Semiconductors are red hot. See POET with high volume GLB today, daily, weekly and monthly charts below. Sign up to receive this blog automatically.
I will make the link to my MoneyShow presentation available when I receive it. So many semiconductors are reaching ATHs. Check out these daily, weekly and and monthly charts of POET. It must not close below green line @11.00.
