QLD Wrap-Up

After high hopes that the market would continue the rally, the market gave it up in a big way and the stop was triggered at a 12% gain for this trade. That makes up for a couple of small losses over the last month and hopefully sets up a jump start for the CMI in the near future.

Overall, trading the CMI is holding it's own with an 11.5% lead over the CMI signals which have remained quiet for some time now. Up to date results are posted in the left sidebar.

As much as I would like to flip the trade to the QID, I think it would be best to stay out until a little consolidation occurs.