Trend Trading: IBM Watson stock picking ETF

The IBM Watson “artificial intelligence” stock picking ETF (AIEQ) is outperforming The S&P 500 index ETF (SPY) and The Nasdaq 100 Index ETF (QQQ). Over a 200 day moving average, the (AIEQ) is outperforming The SPY by 12%, and outperforming the QQQ by 7%.

Using the relative strength model on the SPY, the cross over, from below to above was on November 19th, and, the 21 Day breakout was on November 23rd, with a gain of 22%.

Comments welcome.

Published by Trendanomics

Trend trading analysis of the markets with simple trend trading strategies.

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