Market Remarks

Get Into Hi-Tech Gear – Trade Alert for March 12, 2014

On February 13th, we outlined our seasonal strategy for Hi-Tech sector during March-May timeframe. As of close on March 13th, the ETFs in this sector have generated entry signals. Our trade alerts are going long for:

  • FDN – First Trust Dow Jones Internet Index – at or near 62.43, the close on Mar 13th
  • IGM – iShares North American Tech – at or around 91.02
  • IYW – iShares US Technology – at or around 89.96
  • PNQI – PowerShares NASDAQ Internet – at or near 70.66
  • QLD – ProShares Ultra QQQ – at or around 102.85

The favorable period for theses trades last till May. We will send out trade alerts to our members when the exit signals are generated.

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