
SMART MONEY SELLS MOMO STOCKS ON CONCERN THAT FED MIGHT BE BOXED
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Selling Momo Stocks Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: Smart money is selling momo stocks on the prospect of the Fed being boxed. Smart money is buying economically sensitive stocks and value stocks. Examples include AIG, C, FCX, GT, and X. The chart shows that the price of QQQ has not recovered since the drop on the jobs report even though DJIA is strong – up over 100 points as of this writing. In the Morning Capsule, we shared with you