
LATCHING ONTO A STRAW TO AGGRESSIVELY BUY STOCKS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Latching Onto A Straw Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows when momo crowd latched onto a straw in Powell’s answer to a question in his testimony in front of the Senate and started aggressively buying stocks. Buying is especially aggressive in momo stocks that have lost 30 – 80% of their value and are likely to lose more as the Fed raises rates. The straw that momo latched onto was a Powell