MDM has switched to a BUY signal.
META and MSFT both had strong earnings reports suggesting cutting edge tech continue to lead. When it comes to AI, the companies with the biggest wallets get the best data, the fastest chips, and the most entrenched customer base. More users means more data to train AI models which implies the most robust tools. Such becomes self-reinforcing.
The market remains in flux with news driven gaps higher and lower in terms of whether global liquidity in the form of quantitative easing and lower rates will be sufficient to combat economic weakness. At present, odds favor accelerating global liquidity.
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.)
1-times
SPY (S&P 500)
QQQ (NASDAQ-100)
2-times
SSO (S&P 500)
QLD (NASDAQ-100)
3-times
UPRO (S&P 500)
TQQQ (NASDAQ-100)
TECL (Direxion Trust Technology)
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 https://etfdb.com/ can be instructive.