Good InvestmentThe International Information Technology Unit (IITU) is a global investment fund that focuses on companies in the technology sector. Historically, it has shown impressive returns, with an annual growth rate of around 30-50%. This strong performance is driven by the rapid advancements in technology and the increasing reliance on digital services worldwide. While past performance can indicate potential, investing in the IITU should still be approached with caution. The high returns may reflect the volatility and risk associated with the tech sector. As such, it could be a good investment for those willing to accept some risk in exchange for the possibility of significant growth, but it may not be suitable for conservative investors.
QDVE trade ideas
QDVE - Dont miss this ETF in your portfolio! BUY IT S&P Tech comDear traders,
Id like to share this idea in order to take long positions,
28- 27$ is is a good price range to look for buying opportunities.
This is a really nice ETF focus on big tech companies (NVIDIA, APPLE, MCSFT...) it is a really nice way to invest in US big tech companies with an excelent performing (just look at it).
best,
S&P 500 (IT) predication by MelroyLooking at the support levels of the past, as well as some other technical indicators (MACD). It seems you could go long on the S&P 500 in the short notice.
However , it will properly not take long before there will be yet another correction taking place, due to the Corona virus. Since the economy is and will be effected, including real estate, oil and businesses in general.
You're looking at the daily time period chart of the S&P 500 Information Technology sector with ticker QDVE with Heikin-Ashi candles.