No Chirp, Now Worries

The second edition of Chirp, Twitter's very own developer's summit, will not occur this year. However, developers should not be weary as LNKD).

Despite the recent economic reports, the tech industry appears to be doing well. Perhaps that will stir some organic economic growth in the U.S. and prevent the Fed from engaging in a third round of quantitative easing. That could be bullish for the NASDAQ and the U.S. dollar. Traders might want to consider PowerShares QQQ Trust (NASDAQ: QQQ) and PowerShares DB US Dollar Bullish Index (NYSE: UUP). Both ETFs may rally if the U.S. dollar appreciates and the tech boom stirs real growth in the U.S. economy.