The shake up in our Hi-Tech trades continue and the exit signals were generated for the remaining ETFs.
- Exit IGM at or around May 28th closing price of 92.38 for 1.5% gain
- Close out IYW near 93.72 for 4.2% gain
- Exit QLD at or near 105.81 for 2.9% gain
This year the result was mixed for this strategy. Broader technology ETFs, those closed today, produced gains. But,. the year was not good for Internet related ETF.trades. We had three winning trades and two losing but the net result was a loss of -2.7%.
