MDM has switched to a BUY signal.
The NASDAQ Composite undercut its prior significant low then markets rallied hard. Note, the bounce may be short-lived though could last longer than expected as major averages attempt to make a run for old highs. A significant top has been tracing out over the last several months.
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.)
SPY (S&P 500) (Lower risk, lower reward)
QQQ (NASDAQ-100) (Higher risk, higher reward)
SSO (S&P 500)
UPRO (S&P 500)
NOTE: 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.
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