July 18, 2011 at 15:13 PM EDT
Nasdaq ETF Looks for Support at 50-Day; Tech Earnings Parade Starts
A popular exchange traded fund tracking Nasdaq-listed technology stocks has managed to hold its 50-day moving average despite the recent pullback. Now, some tech bulls are using the PowerShares QQQ (NasdaqGM: QQQ) to position for a bounce in the sector as components Apple (NasdaqGS: AAPL),...
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