I, like everyone else, thank the Nasdaq 100 ETF, the Invesco QQQ Trust (Nasdaq:QQQ), for its duty in 2020.
In a time when the market needed a leader, the “Qubes” took the reins and ran.
Names like Amazon.com Inc. (Nasdaq:AMZN), Netflix Inc. (Nasdaq:NFLX), Facebook Inc. (Nasdaq:FB), and Alphabet Inc. (Nasdaq:GOOGL) got daily mention everywhere as one of the reasons that investors and traders needed to stay in the market.
The FAANG stocks shouldered some serious weight. But this group is seriously tired…
And there’s a better technology group that you need to ride in 2021.
The group in question, in fact, doubled the performance of the Nasdaq over the course of 2020. While tech stocks grew about 45%, these names shot up 147%.
And they’re just getting started.
This group makes up my top exchange-traded fund (ETF) pick for 2021. Here’s how to play it…
There are two scans I use every day to discover short-term trading opportunities.
First, I look for stocks breaking above their 50-day moving average. The stocks highlighted by this filter usually make fast and aggressive moves higher.
Next, I search for stocks getting ready to enter a short-squeeze rally. Historically, these stocks make for great short-term options trades.
Using these filters, I can find stocks of interest that are ready to pop… or drop.
And I know exactly how to play them for profits.
Today, I found up to nine stocks during each of these scans. But two of them in particular are poised for a short-term move that could hand you a combined 23% gain…
These scans are simple. It doesn’t matter if you’re new to the market – because I’m going to show you exactly how to use them to find live candidates (just like the two I’m about to reveal) for your portfolio right now.