The market finally managed to break out of its trading range to notch all-time highs this week.
This strength was primarily supported by successful quarterly earnings from consumer discretionary and technology names, which have been momentum leaders all year.
Amazon Inc (NASDAQ: AMZN), Microsoft Corp (nASDAQ: MSFT), Google Inc (NASDAQ: GOOG)(NASDAQ: GOOGL), and Starbucks (NASDAQ: SBUX) were just some of the earnings announcements that propelled the PowerShares QQQ (NASDAQ: QQQ) to new heights on Friday.
QQQ gained over 4 percent this week, which represents a strong vote of conviction for the bulls as we inch closer to historically temperamental summer months.
The following ETFs ...
/www.benzinga.com/etfs/sector-etfs/15/04/5441945/best-worst-etfs-of-the-week-amid-tech-fueled-breakout alt=Best & Worst ETFs Of The Week Amid Tech Fueled Breakout>Full story available on Benzinga.com
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