QQQ on June 15: 269.28
QQQ as of this writing: 303.84, which is 12.8% HIGHER IN A MONTH
Facebook on June 15: 154.25
Facebook now: 182..00, which is 17.9% HIGHER IN A MONTH
Wanna Understand What In The World Is Going On?
Put yourself in a portfolio manager’s shoes. You MAXIMUM HATE EVERYTHING. You have reason to do so, the Euro has crashed and the Yen, too. Interest rates move 10+ basis points A DAY. You, the portfolio manager, don’t have the background, you are focused on the numerator only (not everybody, calm down).