Cole Kachur First Trust AlphaDEX U.S. Technology Sector Index ETF FHQ-T BUY Jun 03, 2024

There are 2 periods of seasonal strength for technology. The current one runs from April through to July and is based on the summer buying season for electronics.

(A Top Pick April 12/16. Down 1.84%.) This was actually too early to make the trade, but it turns out the technology sector, just during the last few days, is finally starting to show outperformance relative to the market, so now is the time to start buying this. Also, if you own it, continue to Hold. This particular ETF is very attractive right through to the middle of July.

Apple (AAPL-Q) has a bit of an advantage right now, as people are big buyers of consumer technology at this time of year. This Christmas is no exception. Apple is the largest stock in the S&P 500, so it has the greatest influence on what happens. It is also the larger stock in the NASDAQ.

(A Top Pick Oct 14/16. Up 3.73%.) (All these picks started off with positive seasonality between now and the end of the year. On the technicals, at the very least you want the security trading in an upward trend and outperforming the market.) This is a play on the technology sector. The technicals have been very good and seasonality is very positive through to the 2^nd week in January.

About 70% of companies have international revenues and so benefit from currency changes.