STOCK BUYING ON HOPE STRATEGY AHEAD OF KEY EARNINGS, THE FED AND GDP
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Pivotal Week
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chart compares S&P 500 ETF SPY with Nasdaq 100 ETF QQQ, semiconductor ETF SMH, commodities ETF PDBC, and long duration innovation ETF ARKK.
- The chart shows that commodities ETF PDBC has done the best year to date, and long duration ETF ARKK has done the worst.
- The chart shows that starting in mid June the tables turned – PDBC has been hit hard, and ARKK has experienced a strong rally.
July 25, 2022