NASDAQ:QQQ   Invesco QQQ Trust, Series 1
QQQ looks like it's ready to pop. It tracks the NDX which is just under 12000. The extent of this bubble is simply incredible. Complete disconnect from the economic reality playing out for us at this time. Many many tech stocks up 10% or more on no news or little news. Take a look at NFLX. The higher we go the deeper we fall. Downside targets include 265, 252, and 236. Timeline you ask? THat's the question. But with each and very uptick we are getting closer. Powell may just have the pin that bursts the markets mojo. And just like that, billions and billions will be lost and people will be standing around asking how and why. Stay safe my friends.
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