ETF Focus: High Tech
The stock market from Jan. 4 through early Feb. 24 was like an action movie. The market from late Feb. 24 through March 25 was like watching the end credits roll. Perhaps we’ll see another change soon, but regardless, I have grouped together a few similar ETFs to take a look at. This time, we are taking a look at tech-based ETFs.
The triple-leveraged bullish fund, based on FANG stocks, looks poised for doom.
The Nasdaq has spent a month rallying. As long as it doesn’t exceed the horizontal above present price levels, this has a chance for a serious resumption of the breakdown.
The semiconductor index saw a pitch-perfect tag of its midline on both Thursday and Friday.