11-09-23H UPTREND Day 8, Major indexes all fall with higher volume – with minor distribution days. Market UPTREND continues.

11-09-23H  UPTREND Day 8, Major indexes all fell with higher volume on Thursday – resulting in minor distribution days.

The Market UPTREND continues.

NOTE: I had a major snafu in my newsletter today. But the most important less for Thursday is, ....consider being in this Uptrend, especially if the market opens higher.

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With Thursday’s disappointing down day, you might be concerned about the current market direction.  But please realize – we all have bad days occasionally…. including the market.   Step back and take a look at the Nasdaq chart below.  Can you forgive the market for one weak day?

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And don't forget, you could have made 7.3% if you were invested in the QQQ over the last 9 days (including today's dip.) In less than 2 trading weeks, a 7.3% return is very attractive.

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But what if you had the audacity to put the same money in the triple QQQs ---- the TQQQ? .... How does 23.8% sound? That is what you would have earned over those same 9 days! And now you know about the triple QQQs - the TQQQ,

If you had the audacity to invest in the the Triple QQQ I've been talking about, you would have earned 23.8% over the last 9 days (including Thursday's dip.)

The above is Thursday's lesson.

FOR TOMORROW, I SUGGEST YOU WATCH THE OPENING OF THE MARKET AND HOW THE QQQ SHOWS UP. IF THE MARKET OPENS WITH A DROP, YOU MIGHT CONSIDER WAITING IN CASH.

I will spend much of my Saturday retuning my data tables. Stay tuned!

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Wishing you big returns in your portfolio!

Charlotte Hudgin

The Armchair Investor.

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