I wrote a couple articles on the Seeking Alpha Instablog this past week that I thought you may be interested in. The lastest article is entitled, “QQQQ – Is It 2007 All Over Again?”, where I discuss the similarities from the 2007 top to the April 2010 top in this ETF that follows the performance of the Nasdaq 100 index. I posted the article prior to the drop the last two days through the major support line illustrated on the charts.
The second article is entitled, “GOOG Leads SPY”, where I discuss how Google’s stock price action leads the price action of the exchange traded fund that follows the performance of the S&P 500 index. Would you like a leading indicator that leads the stock indicies by about 70 days?
You can choose to follow my posts much like Twitter. Since it is a site focused on stocks and ETF’s, my posts will focus on these topics.
Click below to read the articles: