ClearValue Team Insights
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QQQ Daily Open with a Bullish Gap
The NASDAQ has been outperforming the S&P, and QQQ opened with a bullish gap higher today. There is some bullish momentum as QQQ approaches the red resistance line for another attempted breakout. The price target to monitor for a breakout is around $459.87. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSPY Building Support at $524.20
SPY has been building support at the green trendline around $524.20. This trendline has flipped from a resistance level into a support level, and SPY could start to rally to the upper range of the white channel around $540. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreThe Power of Dividend Stocks
Over the last century, the stock market has stood on a pedestal above all other asset classes, as while investing in Treasury bonds, housing, and commodities like gold, and oil can increase your nominal wealth, none of these other asset classes has come anywhere close to the average annual returns that stocks have delivered over […]Read More