Courtesy of John Nyaradi
Alarms Spell Danger and Opportunity for ETF Investors
The Nasdaq Composite, often seen as a leading indicator for the broader indexes, has entered a significant correction in recent weeks, and several of its most prominent members are in important downtrends.
There are winners and losers in every market environment and strategies using exchange-traded funds can help us navigate these troubled waters.
In the chart of the Nasdaq Composite COMP +1.81% , we can clearly see how the index has weakened substantially since early May, down now more than 250 points or nearly 9% from recent highs.
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