“The Internet sector has a favorable period that runs from the middle of April and lasts through the beginning of July, with historical returns of 11.5%, 6.0% and 4.5% over the last 15, 10 and five years respectively. Buy First Trust DJ Internet Index Fund (FDN) with a buy limit of $42.50. Once purchased, use a stop loss of $38.25 and an auto sell of $52.13. Top five holdings are: Google, Amazon, eBay, priceline.com and Yahoo. Google currently accounts for a little more than 10% of FDN’s total assets of nearly $1 billion. Unlike many other technology ETFs, FDN does not hold a position in Apple. As a result FDN has broken out well above its old September highs with strong momentum.”
Jeffrey A. Hirsch, Stock Trader’s Almanac, March 7, 2013
