Fibonacci retracement is a powerful technical analysis that identifies potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can pinpoint key price points where trends may stall. This technique provides valuable insights into market momentum, enabling traders to make informed decisions about en
Equal weight exchange-traded funds provide a unique approach to portfolio construction by allocating identical weights to each holding within the fund. This methodology differs from traditional market-cap weighted ETFs, which give larger weightings to stocks with higher market capitalizations. By spreading assets evenly, equal weight ETFs aim to re
The Invesco UltraShort NASDAQ ETF (QID) is a popular choice for investors seeking exposure to short-term movements in the tech-heavy NASDAQ index. With its triple leverage, QID aims to deliver three times the daily returns of its benchmark, making it a risky investment suitable for experienced traders rather than long-term investors. Understanding
The RSPT ETF has surged considerable attention recently due to its consistent performance. Traders are eagerly observing its trajectory as it navigates the current market conditions. A detailed analysis of RSPT's portfolio reveals a balanced approach that potentially contribute to its steady performance. However, it's essential to thoroughly consid