In this watchlist, ___ and QQQ are the ETFs which are the Funds for
S&P 500 Index and __________ indices.
Both of SPY and QQQ comprise stock holdings of different sectors.
For SPY sector allocation,
XLK, _________ sector, weighs the most at 26%.
Next 4 sectors holding the most weight, at ~10-15% each:
XL_, healthcare
XLY, ____________
XL_, communications
XLF, ____________
For QQQ sector allocation
XL_, weighs the most at 55%
Tip:
It is always good to watch ____, this is because most
often than not, the ____ chart is an inverse of SPY's chart.
Exercise:
If AAPL, MSFT, AMD, NVDA are all red during a trading day,
QQQ is likely to be ___ also.
if XLK, XLV, XLY, XLC, XLF are all green during a trading day,
___ is likely to be green also.
If ____ is red, SPY is more likely to be green.