Rochester, NY 8/25/2009 7:50:55 PM
PowerShares QQQ Trust, Series 1 ETF QQQQ, PowerShares still stands out if the NASDAQ never drops
PowerShares QQQ Trust
From a mega-bear market to a mega-bull market till the market is standing, expectation from the usual steady rises is “given”. But when you see an 11 day consecutive rise and then a gain ‘again’ that would make a twelfth consecutive day rally in an index, this becomes very much out of the norm regardless of what kind of market and economy you are in.
That is the case for the NASDAQ, and ditto for the NASDAQ 100 measured by the PowerShares QQQ ETF. We have seen a steady rise in the S&P 500 in the same period, but the SPDRs do not have the exact same number of consecutive winning days. Results of 80% average price gain during 2009 alerts.
About WhisperFromWallStreet
whisperfromwallstreet.com has a dedicated team uncovering stocks ready to break and run. We apply time tested criteria and when one of these stocks meets or exceeds our benchmarks, our subscribers are immediately notified.
This is a free service available only to subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
Disclaimer: Full disclaimer at http://whisperfromwallstreet.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither WhisperfromWallStreet, nor any of its affiliates are registered investment advisors or broker dealers.
