4 All-Weather Picks Approaching Support

All of the major market averages, except the NYSE Composite, closed last week below their quarterly pivot levels. The PowerShares QQQ Trust (QQQ) had closed below its quarterly pivot a week earlier, on April 4, and is now close to the quarterly projected pivot support at $83.53. Last Friday?s review of the market?s corrections in 2010, 2011, and 2012 revealed that they coincided with overly-pessimistic views of the economy or markets. The current concern seems to be focused on, what is expected ...