In an age where valuations are high, we are carrying some cash, flash crashes are not terribly uncommon and the next flash crash could be a doozy, I thought it made sense to talk about QQQ again.

The PowerShares QQQ ETF (QQQ) is the vehicle I use to build a core asset allocation to a group of market leaders and also what I use for a quick buy if the market tanks while I'm not looking.

QQQ is my GTC limit buy order. It is the fund that I said is The Only ETF You Need To Start Investing.

To read more, a subscription is needed: Click here to subscribe