Buy ProShares Ultra QQQ And Agilent Technologies

The next strong end-of-month S&P 500 period runs into November 6^th. It has been up over 69% of the time, the fourth-best of the twelve months. In addition, the market was strong in October. These strong months were followed by a strong first week of November. If the NASDAQ was positive in October, it was up 85% of the time in the first week of November.

To select some stocks for short-term trades, the following strategy is employed. The best-performing stocks in the coming week with at least 20 years of price data are calculated and are presented below. The stocks are ranked by the percentage of time periods in which the stock rose. This has been a strong week for the NASDAQ. The index (NDAQ) is first, having risen 88.89% of the time in this week. The return has been 2.23% and the expected return (the product of the first two numbers) is 1.98%. The index has been trading for 18 years.

Best Performing S&P 500 Stocks from October 31^st to November 6^th

From this list, the stocks are screened for relative strength and by dynamic cycles. The latter term refers to the most active cycles that are generating profits now

The NASDAQ can be purchased by buying exchange traded funds (ETFs). The PowerShares QQQ Trust (QQQ) moves with the index. For more aggressive investors, the ProShares Ultra QQQ (QLD) is a leveraged ETF that moves twice as much as the index. I select the QLD to purchase for this week. The weekly cycle points up through the week. In addition, the monthly cycle runs up into December. New highs are likely.

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Agilent has risen almost 86% of the time in the coming week. Relative strength has been rising since 2018. The daily cycle is rising as is the monthly cycle which is depicted below. It rises into yearend. The share price is likely to rise to $165 in the next week. The $180 level is likely to be exceeded by late December. In November, this stock has been up 85% of the time over 21 years.

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