Tag Archives: QQQQ
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.
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
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