Not Since January 2001 – Nasdaq 100 (QQQ)

The last time the Nasdaq 100 ($QQQ) closed a week higher than it did today, it was the week ending January 28, 2001! It is difficult to imagine that would be possible with shares of one of its largest components ($GOOG) finishing the week down close to 10% YTD. Fortunately, the market is more than one big tech stock and the video below takes a look at trends of $SPY $IWM $XLF $SMH and some of the larger important stocks.