
ECONOMY OPENING STOCKS BEING SOLD – MOMO STOCKS BEING BOUGHT
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know now.
Economy Opening Stocks Being Sold
Please click here for a chart of Nasdaq 100 ETF (QQQ).
Note the following:
- The chart shows that QQQ is being bought.
- The momo crowd is extremely aggressive in buying momo stocks especially stay-at-home stocks.
- Economy opening stocks such as commodities, retail, restaurants, manufacturing, energy, and banks are being aggressively sold.
- The VUD indicator is the most sensitive measure of net supply demand in real-time. The orange represents net supply and the green represents net demand.
- As shown on the chart, the VUD indicator is mostly green due to buying in momo stocks.