Nasdaq ETF Bounces at 200-Day; Apple Holds Steady in Sell-Off

Nasdaq ETF Bounces at 200-Day; Apple Holds Steady in Sell-Off

By: ETF Trends

Posted on August 03, 2011 at 15:14 PM EDT

The Nasdaq-100 PowerShares QQQ (NasdaqGM: QQQ) clawed into to positive territory along with top holding Apple (NasdaqGS: AAPL) on Wednesday as the exchange traded fund found support at its 200-day moving average. The ETF was up 0.7% in the final hour of trading after reversing an early decline. The...

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PowerShares QQQ Trust, Series 1

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