MDM has switched to a BUY signal. The NASDAQ Composite looks to have a follow through day on its sixth day. A number of leading stocks also look to be turning back up in somewhat constructive fashion. With QE money printing still firmly intact given the position of various global central banks on asset purchases, the U.S. market is the primary beneficiary thus the stock market could continue its QE-bull run overall. Keep in mind that the trade issue between the U.S. and China, while softening, still remains, so volatility levels could remain elevated. Position size accordingly.
Suggested ETFs (Note: Many members buy the standard ETFs or their preferred ETFs. This list serves as a guide as to which ETFs we think may outperform, but the key point is to be on the right side of the market regardless of which ETF or ETFs one chooses.)
QQQ (NASDAQ-100) (Higher risk, higher reward)
TECL (S&P Technology Select)
NOTE: This is a suggested list. Investors may wish to become acquainted with the full range of available ETFs, and should make an effort to understand how these ETFs are created and what their components are, as well as being aware of the downside risks involved, especially with leveraged ETFs. Certain ETFs may be more appropriate depending on one's risk tolerance levels. Typing in keyword 'ETF' into the FAQ keyword search bar or going here https://www.virtueofselfishinvesting.com/faqs/search?p=1&q=etf and visiting this site http://etfdb.com/ can be instructive.