4/6/2019 Stocks continue upwards march towards new highs. We have broken above local resistance and I suspect we move higher in the next few weeks.

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Hi everyone. Despite my bearish calls in the last few months, stocks continue marching higher. 

QQQ has broken above the high from 2 weeks ago, so I think we will move higher.

If you want a lower risk trade, I recommend shorting DIA (the Dow Jones), while buying QQQ. This pairs trade capitalizes on technology stocks outperforming the Dow Jones. 

QQQ Weekly 4_6_2019

QQQ has strong upwards momentum on the weekly chart. 

Published by bigfry

Hi, I’m Nathan. I graduated from Boston University in May of 2020. I majored in Finance and minored in Piano Performance. I’ve always found the financial markets fascinating so I decided to start this blog to share my experiences. Outside of stock trading/investing, I enjoy teaching and playing piano, fishing, watching anime, and teaching/playing "Go," an ancient Chinese strategic board game.

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