Nasdaq ETF Tests 200-Day Moving Average
September 15, 2011 at 11:19 AM EDT
The Nasdaq-100 PowerShares QQQ (NasdaqGM: QQQ) is the first major stock exchange traded fund to test its 200-day simple moving average in the bounce since the summer sell-off. The Nasdaq ETF rose 0.5% on Thursday but was off its session high. In early August, the widely followed U.S. stock indexes...
