ISM index will be released at 10:00 am EST. Some market participants seem to know it at 9:55. If the index is less than 49.5, we will exit our entire PowerShares QQQ (QQQ) position. If the index is over 55 we will add a 20% tranche.
Taking additional profits on QQQ on a 10 % tranche at $ 55.44.
Taking additional profits on a 5% tranche of QQQ (QQQ ) right here at $55.25. The point is to reduce risk prior to the ADP data to be released at 8:15 AM EST. It is time to be in the mode of taking profits and closing this profitable position. We
Taking partial profits on a 5% QQQ (QQQ) tranche right here at $$54.39. We are closely following this trade in the Real Time Feed of the ZYX Buy Change Alert
We are long QQQ (QQQ). Some accounts we advise are also long SPY and DIA. As long time readers know, I follow the ZYX Change Method. The method combines fundamental, quantitative, and technical analysis. From a fundamental and quantitative point of view, the stock market is not expensive and
Exited a 10% tranche on QQQ (QQQ) at $54.07. For details, please see the Real Time Feed of the ZYX Buy Change Alert.