Here's a question from Shawn on the NASDAQ:

I enjoy your daily comments. I was wondering if you believe NAZ can do the best out of all indexes, instead of buying the QQQQs, isn't it better to own NDAQ

thanks

Thanks for the question. Actually, no. The NDAQ is the holding company for the NASDAQ, and the direction of the stock is based on the company's profits.

The up and down movement of the QQQQs is based on buying or selling pressure from investors in the underlying companies that make up the QQQQs. The technical projections for the NASDAQ are based on the overall indexes current technicals, not the NDAQs technicals.

Of course, keep in mind, the QQQQs are the top 100 companies in the index, while the NASDAQ itself are all the companies in the index.