450s by 4/26Nice shakeout before a swift reversal that will start this week. Bullish here with target zone 450-457 by 4/26.
Buying this dip as we near the end of this corrective wave.
Key stats
About Invesco QQQ Trust, Series 1
Expense ratio
0.20%
Home page
Inception date
Mar 10, 1999
ISIN
US46090E1038
QQQ is one of the best established and typically one of the most actively traded ETFs in the world. Often referred to as the triple Qs, it's also one of the most unusual. The product is one of a few ETFs structured as a unit investment trust. Per the rules of its index, the fund only invests in nonfinancial stocks listed on NASDAQ, and effectively ignores other sectors too, causing it to skew massively away from a broad-based large-cap portfolio. QQQ has huge tech exposure, but it is not a 'tech fund' in the pure sense either. The fund's arcane weighting rules further distance it from anything close to plain vanilla large-cap or pure-play tech coverage. The ETF is much more concentrated in its top holdings and is more volatile than our vanilla large-cap benchmark. Still, the fund has huge name recognition for the underlying index, the NASDAQ-100. In all, QQQ delivers a quirky but wildly popular mash-up of tech, growth and large-cap exposure. The fund and index are rebalanced quarterly and reconstituted annually.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Stock breakdown by region
QQQ Momentum is back -- 15% rally?It looks like momentum is back and QQQ is getting ready to break out of the trading channel. Based on the COVID rally, I think we have a chance to add another 15%.
QQQ Double Top on Bearish DivergenceIf you haven`t bought the dip on QQQ:
Then it's important to understand that it's currently exhibiting a double top formation, known as one of the most bearish chart patterns, along with a substantial bearish divergence. I foresee a retracement soon, possibly to $416, but I still expect it to fini
Opening (IRA): QQQ August 16th 380 Short Put... for a 4.00 credit.
Comments: Starting to round out my Q3 rungs here on weakness and higher IV, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
QQQ: Will Keep Growing! Here is Why:
Looking at the chart of QQQ right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely.
❤️ Please, support our work with like & comment! ❤️
If you are a losing trader and want start winning read this ... If you are a winning trader this is not for you . This is for the losers who want to be winners written by a former loser , who has become a winner as what is probably his last post .
I am just starting my trading journey ( 5 years in now but that's nothing) . I used to publish all my trades on TV
Its ok to take a LOSSThis video breaks down how its ok to take a loss even when our plan does work out in the long run. We have to be able to maintain these good risk management habits even if we are eventually right. Because in the event we aren't right on the end we have a much heavier loss that's harder to recover fr
QQQ rangbound bearish bias SHORTQQQ on the daily chart hit a hpivot high on 3/21 followed by a slight downtrend of 1-1.5 %
overall this past week. Buying volumes are low. The Price Momentum Oscillator has
reversed to bearish and the Raltive Trend Index has entered the chop zone and is heading
bearish. Price is presently one
QQQ - Market Meltdown or Momentum Madness?Now, here it is, the correction in the NASDAQ and consequently in the QQQ - or is it? Currently, the bearish momentum is rising. However, as we know the index, it tends to shake off buyers and soon surge to new all-time highs. A look at the volume profile suggests that the bulls are not yet finished
🗓️Weekly Report: Probabilities are stacking to the lowGENERAL MARKET REVIEW
The stock market kicked off the day on a high note, with stocks initially experiencing gaps upwards and a brief period of appreciation. Nonetheless, these early gains were short-lived, as the market faced significant downturns for the remainder of the session.
In today's trad
See all ideas