MDM has switched to BUY. Major averages pushed through resistance on higher volume at this time of the trading day. The NASDAQ is at highs not seen since March 2000. AAPL, a bellwether, continues to push into new high ground. Still, leading stocks overall are still scant but these averages can rally even with minimal leadership.
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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