The choppy nature of the 1st quarter is not surprising after the action in 2013. The sharp declines in the Nasdaq 100 and biotechnology stocks have caused some technical damage that would normally take time to repair. The relative performance analysis of the SPDR Diamond Trust (DIA) suggests that it may be taking over market leadership. It has lagged for the past year as it is up just 13.8% versus a 21.1% gain in the Spyder Trust (SPY) and 26% gain over the past year in the PowerShares QQQ Trust...
The choppy nature of the 1st quarter is not surprising after the action in 2013. The sharp declines in the Nasdaq 100 and biotechnology stocks have caused some technical damage that would normally take time to repair. The relative performance analysis of the SPDR Diamond Trust (DIA) suggests that it may be taking over market leadership. It has lagged for the past year as it is up just 13.8% versus a 21.1% gain in the Spyder Trust (SPY) and 26% gain over the past year in the PowerShares QQQ Trust...
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