Your Personal Trader

QNET - Nasdaq Internet Index ( YPT momo gauge)

JUNE 12- Last momentum/ Growth rout post election and start of our '17 'growth call'

JUNE 28- 2nd leg of 'Growth Momo" rout right on schedule - $QNET

JUNE 30- Reason the pattern is on the table is the peak to troughs in the QNET (home of FANGS). Leg 2 is no worse vs. Leg 1, yet -5.8% is nasty enough with earnings around the bend.

JULY 8- No change last 5 sessions to premise laid out post early June tech sell off

YPT Shadowlist of 80 stocks is tailored and fragmented (outperforming SECTORS, SMALL-MID CAPS, EARNINGS/ GROWTH (EPS) linked stocks, IBD 50, MOMENTUM STOCKS) to gauge single stock action and the broad underlying market for SP 500 direction to go long or short. New plays (stock/sector) are added, especially during earnings season.