Tag Archives: QQQQ

Another Down Day for the Market?

Posted on April 15, 2011 by Michael Harris

Most stock market indices found support at their 30-day simple moving average on Thursday, April 14, 2011. This was also true for several ETFs, including DIA and QQQQ.

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QQQ Closing Price Change was +0.25% Today, Friday, March 25, 2011, not +2.02%

Posted on March 25, 2011 by Michael Harris

A friend called me right after the market close today and asked me why QQQ moved up +2.02% although QLD was up just +0.25%. To make a long story short, this is because some data vendors (ex. Yahoo! Finance) have … Continue reading →

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The State of ETFs – March 21, 2011, The Week Ahead

Posted on March 20, 2011 by Michael Harris

As of the close of Friday, March 18, 2011, there are only 4 changes in the ETF trend state table in relation to previous Friday’s close. There are no overbought or oversold conditions present and there are no short-term high probability … Continue reading →

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The State of ETFs – March 14, 2011 – The Week Ahead

Posted on March 14, 2011 by Michael Harris

As of the close of Friday, March 11, 2011, there are 8 changes in the ETF trend state table in relation to previous Friday’s close. There are no overbought or oversold conditions present and there are no short-term high probability setups … Continue reading →

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The State of ETFs – March 6, 2011 – The Week Ahead

Posted on March 6, 2011 by Michael Harris

As of the close of Friday, March 4, 2011, there are only 3 changes in the ETF trend state table in relation to previous Friday’s close. There are no overbought or oversold conditions present:   

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The State of ETFs – February 26, 2011 – The Week Ahead

Posted on February 26, 2011 by Michael Harris

As of the close of Friday, February 25, 2011, there are 6 changes in the ETF trend state table in relation to previous Friday’s close. There are no overbought or oversold conditions present:    

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SPY and QQQQ Probability for an Up Day – Wednesday, February 23, 2011

Posted on February 23, 2011 by Michael Harris

After a sizeable drop like yesterday’s, it is natural for traders to wonder if the negative momentum will continue  next day or there will be an up day. Based on historical data for SPY (since 01/1997) and QQQQ (since 01/2000), the probability … Continue reading →

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The State of ETFs – February 21, 2011

Posted on February 20, 2011 by Michael Harris

As of the close of Friday, February 18, 2011, there are 4 changes in the ETF trend state table in relation to previous Friday’s close:

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The State of ETFs – February 12, 2011 – The Week Ahead

Posted on February 12, 2011 by Michael Harris

As of the close of Friday, February 11, 2011, there are 3 changes in the ETF trend state table. There are no overbought/oversold conditions present:  

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Who Needs the Trading Day? Part Two

Posted on February 11, 2011 by Michael Harris

I already demonstrated the flaws in the Bespoke study about buying SPY at the close and selling it on the next open. Basically, that study did not account for commissions and this effect alone completely changed the picture in favor of … Continue reading →

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