Top ETFs of the Week😆

[Image](?awt_a=5793&awt_l=GfkcQ&awt_m=3lke2aY0QxkG893) Hey Traders, Yesterday there were without a doubt some traders that got their feelings hurt. The Nasdaq was down 5% and is down 1% pre market. Opportunity or first crack in the dam? I tend to think it is reasonable to assume the Nasdaq will touch the 50 day moving average this month which we are currently 5% above that level. Simple mean reversion. Most of the times corrections or pullbacks are a good thing..Here is what you need to ask yourself.. 1. What stocks do I want to own that I feel I missed on this mega tech rally? Maybe that stock will come to you. 2. What stocks were up yesterday? This is how I farm the list during pull backs. I might start with a watch list of 20....and as the sell off continues I continue to shed stocks from the list that are getting hit the hardest. I could end up with 5. FOCUS ON THE FIVE. Those are usually some nice winners in the next uptrend because the smart money was unwilling to get rid of those shares during the sell off. Follow the smart money. Cloud computing stocks have been the major parabolic bright spot in this rally...the WCLD was down over 8% yesterday. There is no free lunch. However, there are a lot of themes that are still extended like solar and clean energy that I believe have multi year potential (especially with a new commander in chief) that you might want to put on your watch list for a deeper pull back [WATCH TOP ETFs of the Week]( Sincerely, Steven Cawiezell steven@thetradersplan.com Dislosure You are responsible for your own trading decisions. ALWAYS, do your own research before investing in any of the above securities. This is not a solicitation to buy/sell ETFs or securities. NEVER invest money in ETFs or stocks that you can't afford to lose. You can lose all of your capital by trading any securities mentioned. These ETFs/securities are very volatile and gain and lose value quickly. We reserve the right to freely trade in any mentioned ETFs or securities. We are not compensated by any mentioned companies. We recommend ETFs and securities based on our opinion of intrinsic/possible future value only. We are not registered investment advisors, so always do you own research before buying any recommended securities. 125 Dawn Circle Russellville AR 72802 USA [Unsubscribe]( | [Change Subscriber Options](