Unprecedented In American History
Please click here for a chart of Nasdaq 100 ETF (QQQ).
Note the following:
- Wall Street is frontrunning the blind money. Blind money is the money that flows into Wall Street on the first two trading days of the month without any analysis. Most of the buying for the blind money takes place in the afternoon. Wall Street is frontrunning by buying now and will sell at a profit to the blind money in the afternoon.