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The index-makers at the Nasdaq are good at selling the bottom: The average one-year return of...

The index-makers at the Nasdaq are good at selling the bottom: The average one-year return of stocks getting kicked out of the Nasdaq 100 (QQQ) is more than 63%, according to Schaeffer's. "You buy low expectations, not low price," says Ryan Detrick. "Getting kicked out of the QQQ probably is a sign things can't get much worse." Full list of the 10 exiting on Monday.
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  • gwynfryn
    , contributor
    Comments (4348) | Send Message
     
    Getting "kicked out" could just as easily mean that, though stock A is doing very well, it has nevertheless been overtaken by stocks B and C, so how is this relevant?
    20 Dec 2012, 09:22 AM Reply Like
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