Global stock markets are mostly lower today. However, U.S. stocks are set to rebound.
If you look at the Invesco QQQ Trust Series 1 (Nasdaq: QQQ), it was up slightly before dipping after the open. And as I’ll show you today, it’s still having issues breaking above its 50-day moving average. So it looks like the market is cooling off, but I will say the QQQ has been holding on well thus far.
Here’s where we’re at right now…
In today’s video, I have more on what to expect from the stock market today… whether tech is going to rise or fall again… if bonds will continue to stay locked in step with tech… the strongest ETFs to target right now… and the weakest stocks to avoid or hedge.
The first ETF I’m giving away is killing it right now, and has given us 110% gains over the past 12 months. And if you compare it to the S&P 500, it’s much stronger. The S&P is near its 50-day moving average, while this ETF is still near all-time highs.