Took profits on the Semiconductor ETF XSD almost a month ago, after a nice relative strength play. (see post here)  Even though the 500 and NDX 100 have done well over the past 90 days, the Semiconductor ETF (XSD) is up almost twice as much. 

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Networking ETF (PXQ) is breaking from channel resistance in the chart below.

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Game plan…Pick up Network ETF (PXQ) with a current stop of $28.20.     PXQ should only be purchased by aggressive investors!

 

 

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past