INVESCO QQQ Trust (NASDAQ:QQQ)

Chart of the Day October 24th, 2022

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  • Wolf: $QQQ Testing VWAP.
  • champ: $TQQQ..$QQQ ...$SPY..$SPXL...the Markets are turning, zigzagging higher, might continue..??
  • scottrades: My notes: $SPY Weak close $QQQ Weak close $IWM Holding the 21 EMA $TNA Bounce just above the 50 Day $GLD Channel $SLV Back testing the 50 $GDX Top of the channel $IBIT To the moon $SNOW Holding the breakout $MSTR Watch 430 $COIN Higher High $ZS Tight base. Earnings next week $CRWD Nice ase, earnings coming up. $CTAS Short base $NDAQ Short Channel $RL Watch 283.70 $HIMS support at the 21 EMA $WPM Watch Yesterdays high $AEM Needs a break out of the channel $KGC Watch 14.75
  • traderbren: @cgendro1 - we are likely to see dip buyers, but if the $QQQ breaks 508.50 zone -- we are likely to close the gap at 491.54 The QQQ's tested the underside of the 8ema this afternoon and then firmed up (for now). With $AAPL seeing some weakness and likely to close the gap at 200.54 (we got close this afternoon for Gov work), it is likely to create weakness in the indices.
  • champ: $SPY $SSO $SPXL $UDOW $QQQ $TQQQ.......
  • scottrades: My video notes: $SPY Trend is up $QQQ Trend is up $IWM Still under the 200 Day $GLD Above the MAs $IBIT Close to a breakout $XLF Still in trend $XLU Working but extended $MSTR Along the 8 EMA $MARA Under the 200 Day $HOOD Near the highs $AMZN Tight Channel $META Watch 643 $NFLX Trend is up $NVDA Earnings next week. Watch 136.50 $SPOT Trend is fine $SE Watch 165.50 $RIVN Breaking a downtrend, watch for a PB $LCID Close.. $EBAY Still working, COTD May 13
  • champ: $DJI $SPY $QQQ....nice close, around HOD's, especially after a Great week, which is another nice #Set-up for Investors. ....Investors really like all of the positive #News-flow. ....Because everyday the Markets keeps picking-up even more and more Investors and that will probably continue, for the next few week and that could turn into months. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ..........All have a #Great-Weekend..........
  • Bert953: #MrMarket indexes opened lower this morn. $IWM continues to fall after 10 am. All indexes still under yesterday's closing print, but $dia is the one that recovered the most (so far). $SPY and $QQQ are wiggling about in a narrow range. As @Dan said the market is up quite a bit. Where will it go from here? maybe some backing and filling until the next news bomb from our "leaders". Lets be careful out there. Noticed headline from Briefing.com that "Republicans embrace fees on EV's and immigrants to help pay for Trump's tax cuts." the article states "we keep talking about finding savings. but we're also finding ways to create new revenue." My translation: lets squeeze the juice outta the people. We (politicians and lawmakers of every stripe) know how to spend the money better that they do.
  • scottrades: My notes: $SPY Working, watch 600 $QQQ Extended but working $IWM Watch 210 $GLD Up on the Day $IBIT Bounce off the 8 EMA $XLF Short base $XLU Watch 81.30 $WMT Flag $BKNG Basing $RBLX Working. $HOOD Near the 8 EMA $ZS Holding up in trend $IBM Near the highs $EBAY Good start. Watch 71.55 $BPOP Banking Sector. Watch 105 $PAY Near the highs. Watch 38.90 $OTKA Mike mentioned in the forum
  • Bert953: #MrMarket $dia $spy $qqq gap and crap testing yesterday's closing print. The $iwm however isn't as strong, it opened below yesterday's close and has fallen further (down .54%). I'm not seeing any obvious resistance at these levels (trendlines or MA's) on the $SPY, but the economy/ sentiment/ uncertainty continues.
  • bigbartabs: @Bert953 $dia $spy $qqq $iwm $SPY #MrMarket ... I have recently only been in $SPX $SPXL and $NDX $TQQQ. $DJI $RUT both have lagged due to overhead resistance. Both need a pullback, or a significant surge above to get me interested again. All 4 indexes keep getting more extended... time to be careful.
  • phgruver: @Bert953 $dia $spy $qqq $iwm $SPY #MrMarket ...Just sideways consolidation, all on below average volume. Given the big move, we just experienced, this is healthy.
  • Bert953: #MrMarket $QQQ $IWM testing the lows... again. $SPY $DIA new lows. Once again Im wondering if $SDS or $DOG are my friends
  • scottrades: My video notes: $SPY The Bulls are back in town $QQQ The Bulls are back in town $GLD Bottom of the range $IBIT Hit 105K $COIN Added to the S&P $PLTR New ATH $NVDA Holding the 200 Day $RBLX Breaking out $HOOD Working $MSTR Holding the 8 EMA $DOCU Mentioned last week $CVNA Near the highs $ZS Mentioned last week $BKNG Near the highs $IBM Mentioned this morning
  • StockMarketMentor: ...
    The $SPY is up 20% since Apri8l 7th, while $DIA and $QQQ are up 15% and 25.25% respectively. Those are big moves that beg for profit-taking. You should too! Moves like this don't come too often and reducing or closing positions into a buying fren ...
  • Angdionk: @StockMarketMentor $SPY $DIA $QQQ $HOOD $TSLA $SEZL $AGX $WAY $MSTX $MRX $LRN $SKWD $PEN @Dan hoping there will be a recording to the webinar as i will be on vacation and unable to attend
  • Wolf: @champ $SPY $QQQ #Market-event.....maybe #P-Trump, Did he ever make one? Was it the UK deal?
  • kenb: $SPY $QQQ anyone know why the markets are tanking? Somebody must have said something.
  • phgruver: @kenb $SPY $QQQ I was just looking, they aren't "tanking", just no one is buying, so the volume is very low. It does appear that there has been some "profit taking", this morning, but even that has been limited. As it is Friday, the low volume is just a caution flag. Don't take extra risk into the weekend.
  • kenb: @phgruver $SPY $QQQ it just seemed like both indexes were acting normal, and then both started going down at the same time, 10:10am EDT. Thought it was some macro news that I could not find.
  • Bert953: @kenb $SPY $QQQ I keep FINVIZ open on the bottom of a monitor with 15min charts of $DOW $NSDQ $SPX and $IWM. at 10am they all printed tall red candles that went under yesterday's closing print. They've all recovered to yesterday's closing price. The $VIX reflected a move in price, but it wasn't too egregious. A few tightened up profit stops also closed. All this to say we're not outta the woods yet. Oh look, there's grandma's house... what could go wrong Mr Wolfe?
  • bigbartabs: @kenb $SPY $QQQ, $SPX $NDX ... Now a lot of shared tech tickers between the two. Recent times keep showing increased unison.
  • champ: @kenb $SPY $QQQ .......All of us have to #remember...... that the Swing-traders will take their Profits off around the first tick lower....#Computerized-trading........ ....then the #Professionals will Buy or Add........ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ....We all need to work like Professionals........ Buy-Buy-Buy...... or add to your Top-stocks that we like....... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ .......New Day....but the same Market moves are happening again........... however if a reversal happens, their won't be any doubt about what is going on........ ...............and this morning, We are all still working in a #Yo-Yo type of Market. Good Luck!
  • phgruver: @bigbartabs $TQQQ $SSO At 12:15, $SPY has only traded 16M shares. Daily average, right now, is about 60M. While there's likely to be a surge of trading, going into the end of the day, I seriously doubt that it will approach average. Right now, $SPY and $QQQ are trading below the VWAP, but if they curve up, it may be a buy signal. Watching.....
  • Cjauger: $SPY, $QQQ
    On Tuesday, the president disclosed during an Oval Office meeting with Canadian Prime Minister Mark Carney that he plans to make a “very, very big announcement” prior to his trip to the Middle East next week.

    “We’r ...
  • champ: @Cjauger $SPY $QQQ .....OK...#Thanks I got it now and I also heard him say that he was going to make a huge announcement.....before he leaves.
  • Cjauger: @champ $SPY $QQQ That is it. When he did that a couple of weeks ago, it marked the bottom.
  • joelsg1: @Cjauger $SPY $QQQ Betcha it's something about crypto.
  • champ: @Cjauger $SPY $QQQ .....Yes it could be, that his announcement, will be a huge positive #Market-event.....maybe even a Back-up-the-Truck, type of announcement, load-up with stocks.... ....and I'm swinging 18 stock posits, plus another 7-ETF's......... ..so I'm already in the Game, Risk-On and I will be adding to some of my ETF positions in the morning. .....I'm already a believer, been posting......that the Markets have turned and #P-Trump, is probably the only one, that could really spike/bounce the Markets, sometime before he leaves. Good Luck! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
  • scottrades: My notes: $SPY Watch the 200 Day $QQQ Not a great close $IWM Above the 50 Day $XLY Watch 205 $GLD In consolidation $IBIT 101K $PLTR Support at the 21 EMA $DOCU Want to see it hold above the low of day. $CVNA Watch for a breakout $GE Close to a breakout $ZS Short base $NVDA Higher Highs $MSTR Mach 2 $COIN Down after Earnings Watch 211 $TSLA Still under the 200 Day $SPOT Trending up $SKWD Watch 60.40 $SOLZ Solana Futures ETF $BULL New Issue, potential rebound.
  • bigbartabs: @champ @Cjauger $SPY $QQQ #Market-event.....maybe #P-Trump, did you get the impression he's just talking about the UK deal he made today? Or something more that could happen tomorrow? I couldn't tell just watching the video. @joelsg1 mentioned crypto.
  • Cjauger: @bigbartabs $SPY $QQQ #Market-event.....maybe #P-Trump, it was during the UK deal announcement. My thought is that it will be an announcement related to trade
  • Cashmere: $BULL is providing some useful zig-zags and seems undaunted by $QQQ and $GOOGL news.
  • StockMarketMentor: ...
    $QQQ -- Pushing 200dma.

    $DJUSBK -- Financials are working.

    $JPM

    $HOOD -- Continuation H&S off the 200-day MA

    $IBKR -- Also H&S off 200dma

    Lagnificent 7:

    $MSFT -- tight flag on low volume. Bullish, but not a good setup. Ho ...
  • scottrades: My notes: $SPY Fed Day Tomorrow. $QQQ Fed Day Tomorrow $IWM Stopped at the 50 Day $DXY Still in a downtrend $GLD BAck near the highs $IBIT Near the 8 EMA $NVDA Watch 115.50 $NFLX Use yesterday's low as a stop $PLTR Support at the 21 EMA $HOOD Alert at 51.35 $TSLA Watch the 200 Day $MSTR Holding 8 EMA $V Watch 351 $LOAR 2024 IPO, Near the highs $SPOT Short flag $PLMR Close to a breakout $VRNA Watch 74.25
  • Cjauger: $QQQ Weekly is at the 50 week moving average. Looking like a good short. Trying some $QID here one more time. Sold all my longs
  • billyzeke: @bigbartabs $DJI $NDX Yep, the $QQQ's bumped right into the 200 day and pulled back a little. Can it regroup and get through? We shall see.
  • bigbartabs: @billyzeke $DJI $NDX $QQQ ... the $NDX is now above, which is what I base my decisions. Same for all 4 of my index x1 x3 derivative trades. My high low Alerts are always set on the indexes. They are the dog... that wags the 1x 3x derivative tail.
  • scottrades: Scott's video notes: $SPY Running up into resistance $QQQ Same $IWM Declining volume $GLD Sitting on the 8 EMA $GDX Support at the 21 EMA $IBIT Watch 54.60 $ETHA Watch 13.90 $NFLX Working but extended $NVDA Watch 111 $TSLA Watch the 200 Day $MSTR Earnings Thursday $PLTR Earnings Monday $HOOD Watch 51.10 $BOW Mentioned by Dan $RKLB Above all the MAs, Earnings May 8 $EW Watch 76.75 $VRTX Near the highs $JPM Near the 50 Day
  • Bert953: #MrMarket another week in the history books. Interesting that the $DIA and $IWM are both flat after spending the day in the red. $QQQ and $SPY are both up nicely for the day after initial wiggles and jiggles in the morning. The last 15 min of all four were up strong into the close. I look forward to seeing what equities @Dan suggests as many are coming up off the bottom. They're breaking above 8 and 50dMA's out of whats likely tariff-concern induced weakness. Now that market movers perhaps have a sense of "normalcy" we could see market strength going forward. (Or not!) Anyway, looking forward to sparking up the grill and having some family over during the weekend. Perhaps its time to pullout the bicycle and do a few miles to shake off that winter feeling.
  • billyzeke: @traderbren $SPY and $QQQ's 465.98, knocking on the door right now.
  • traderbren: @billyzeke $SPY $QQQ - yep...apart from headlines...it looks like some institutions / folks may be caught off-sides with this gradual melt-up.
  • scottrades: My notes: $SPY Good close, low volume $QQQ Same $IWM Same $GLD Back above the 8 EMA $GDX Back above the 8 EMA $SLV Watch 30.65 $IBIT Over 2 Billion in inflows this week $CRWD Mentioned this morning $AAPL Watch 208 $TSLA Watch 260 $SPOT Double Bottom $MSTR Watch for a PB to the MAs $PLTR on Dan’s ATL $UBER Earnings May 7 $HOOD Watch yesterday's low $FAST Watch 82.45 $MELI Watch 2200 $NEM Watch 57.10
  • jonwest88: $IBIT and $QQQ added when I saw Scott said watch $IBIT above the 50, and on the same day saw Doug Kass adding $QQQ. $QQQ up 8.6%, $IBIT + 7.3%. since 4/21. Same day added to $COF and $NFLX up 12% and change on those two.
  • champ: $SPY $QQQ $TQQQ $QLD $SPXL $SSO $UDOW $LABU $ARKK.....looks like most all the major ETF's are starting off nicely this morning and that April 7th low turn was around Entries....for Hold and Build swing positions. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ........Wow!
  • DAN: @champ $SPY $QQQ $TQQQ $QLD $SPXL $SSO $UDOW $LABU $ARKK 8-) It is looking that way!
  • Wolf: $QQQ The price action RHRN looks like a Powell speech.
  • Bert953: @Wolf $QQQ I was wondering whats up with the weakness. Indexes are now below their opening prints. I had snugged up stops after the pop at the open.
  • champ: @Bert953 $QQQ ......That happens #every-Day.....the swing traders took their profits and Now, we are waiting...and are starting to slowly get to get back-in..... ......after all of the years you have been in the forum, you should have Notice that before, I'm just saying......we all need to try, to work smart....because Entry and Exit timings are very important .....Good Luck!........ ..................especially in this type of Market.......
  • scottrades: $SPY / $QQQ HOD
  • wjj3: @scottrades $SPY $QQQ thoughts on $MSTR
  • scottrades: @wjj3 $SPY $QQQ $MSTR It's been a great trader lately, no matter your timeframe. I do see it nearing the top of the range and I'm looking for a nice pullback bounce off the 50 Day for a entry with size and to be able to swing it again. If it breaks up over 350, I will want to try that breakout for a move to 400.
  • jonwest88: ooh ooh read the other day to watch $IBIT. Ok I broke down and added back what I sold a few months ago. Not all but some--too cautious and not concerned about just earning 4% in the money market. I am donating my RMD's now anyway, playing it safe. I also read Doug Kass yesterday too and he was buying $QQQ, $META and $AMZN. I got enough of those but did buy some $QQQ. OK now I am thinking well how come I didn't bet more. Nah too complacent and bear market rallies are always short and sweet, and appeal to the masochists who think ITs the bottom, the bulll charges again. Hah hah been there done that. No more thank you veddy much
  • scottrades: My notes: $SPY Range bound $QQQ Needs to tighten up $IWM Needs to tighten up $GLD Heavy Selling near the highs $IBIT Above the 50 Day $SPOT Top of the range $MSTR Earnings in 9 Days $MCD Earnings in 9 Days $AAPL Needs to tight up $TSLA Earnings tonight $NVDA Watch 100 $PLTR Above the 50 Day $LRN Earnings April 29 $MELI Watch 2200 $FAST Watch 82.45 $CI Watch 337.40
  • phgruver: Good morning, y'all! Another beautiful spring day, in the southeast. This mid-spring season is probably my favorite time of year. Lots of flowers, lots of bird songs, mild weather ... what's not to like? The market is still very choppy, and doesn't seem to know which way to go. From the charts, I'm seeing the potential for a double bottom, over the next few days, maybe $SPY around $500, and $QQQ around $420 to $430....
  • scottrades: $SPY / $QQQ new LODs
  • champ: $TQQQ now up almost $2, off of LOD, but I expect that these zig-zags are going to continue, however if we have nice entries and if we do... then we can hold all year, thru all of these zig-zags, because if these zig-zags continue, then everyday will be the same problem, many won't be able to hold for 6-months or even longer...... .....Watch for Entries and Hold and Build....because by December this ETF and all of the others, will probably be much higher, than they are now. $SPY $SSO $SPLY $QQQ $UDOW $LABU $TNA $LABU $XHB $NAIL $XLE $XOP and many others. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
  • scottrades: My notes: $SPY Under all the MAs $QQQ Choppy $IWM Still printing lower highs $IGV Near the 50 Day $GLD Still doing great $GDX Extended above the MAs $SLV Watch for a move through the 50 Day. $IBIT Watch for a move above the 50 $MSTR Above all the MAs $AAPL Watch for a move over 200.70 $AMZN Watch 179.10 $META Watch 513.40 $NVDA Watch 106.80 $PLTR Holding the 50 Day $LRN Watch 138.40
  • Wolf: @champ $NFLX Is steady PM, even with $QQQ down almost 2%. Earnings tomorrow AMC
  • scottrades: My notes: $SPY Inside Day, low volume $QQQ Same $IWM Sellers at HOD $XLU Rejected at the 50 Day $GLD Still strong $GDX Extended $SLV Just under the 50 Day $IBIT Trendline backtest. No real demand. $SSO Leveraged Index exposure $QLD Same $NFLX Above the 50 Day $PLTR Above the 50 Day $CRWD Above the 50 Day $OLLI Low volume PB $TSLA Watch 262 $NVDA watch 114.35 $MSTR Above the 50 Day $LRN Good RS $MCD Alert at 326
  • Wolf: $QQQ Sell off all the way back to VWAP.
  • woodman: @bigbartabs - All in all an inside day, which makes sense after yesterday's move, but $SPY $DIA $QQQ all denied by the 8dEMA.
  • Wolf: @Bert953 $SPY Lucky guess on $QQQ. @Henry was right on with $SPY.
  • bigbartabs: @woodman $SPY $DIA $QQQ ... yeah, the 8dema is my first check for buying, adding. I thought we would get indexes back above today... but nada.
  • woodman: @bigbartabs $SPY $DIA $QQQ - good you waited until toward the end of the day.
  • woodman: @bigbartabs $DJI $SPX $NDX $RUT - 200w $SPY = 467; $QQQ = 383. As for $IWM, with it already crashing through the 200w, 162 old support for most of 2022-2023.
  • Wolf: #Tariff pause yesterday was fake news, but we can see how far and fast the markets reacted. Over 4% spike in the $QQQ.
  • Henry: @Wolf $QQQ #Tariff The Tariff Rumor was started by a tweet from a verified account of Walter Bloomberg with 900K followers. His profile says he is in Switzerland, no mention of any relation with the publishing company. source: https://cointelegraph.com/news/fake-tariff-news-pump-shows-market-ready-to-ape
  • Wolf: @Henry $QQQ #Tariff Wonder if his account was hacked. I would think a tweet like that would have consequences.
  • bigbartabs: @Henry $QQQ #Tariff ... I'm guessing his last name was what triggered the fake out, causing the malaise yesterday.
  • vcondry: @Bert953 #MrMarket $QQQ hit yesterdays fake news high to the penny and then gave it up
  • scottrades: My notes: $SPY Still above Monday’s low $QQQ Still above Monday’s low $IWM Just above Mondays low $XLE Nope $GLD Holding above the 50 Day $IBIT Around the 200 Day $TNX Going up? CPI ON Thursday $NVDA Just above a bounce zone $TSLA Did not make a lower low yet $META Still above Monday’s low $MSTR Lower Low but Into a previous floor $AEM Want to see it hold the 50 Day
  • kenb: @traderbren $SPY what's interesting is the $QQQ is down and bouncing around the low reached 1 year ago - 04/19/24 on the weekly. One year of any gains gone.
  • DAN: @vitoB When the VIX turns around like this, it tells us that the panic has reached a crescendo. It's "buy 'em" time. (Long $AMZN $QQQ $SPY calls)
  • ruskinq2: @DAN $AMZN $QQQ $SPY do you think $AMZN can get to 200 by this Friday?
  • Nepenthe: $QQQ $TQQQ Dan mentioned that if we close above today's open, that would be bullish. Looks like we might. That said, I'm only holding small sized positions, as I just don't trust the news flow. That's it. Cheers.
  • vcondry: @Nepenthe $QQQ $TQQQ Looked like it was heading for a strong close.... guess we will have to wait for the last 5-10mins lotta whipsaw.
  • Wolf: #PM Volume. 2 Previous hour volume was 2.2M on $QQQ and 2.9M on $SPY. Green bars. Hopefully some upward momentum.
  • woodman: $QQQ - Nasdaq 100 now down ~20% from its double top all time high area (Dec 2024 / Feb 2025)
  • scottrades: My notes: $SPY Heavy Sell Volume $QQQ August 2024 Support $IWM 2023 Levels $GLD At the 21 EMA $GDX Weak $IBIT Great volume $KWEB At the 200 Day $XLU Nowhere to hide $AMZN Watch 178 $META Watch 518 $NVDA No bounce $TSLA Near the bottom of the range $MSTR Great RS $AEM Heavy selling
  • scottrades: $SPY/$QQQ Fresh lows
  • Bert953: #MrMarket been out all day and just getting back. I'm now flat as my 2 remaining stops from this morning were hit. I see that the indexes are skating along the bottom of today's range with the 10 min chart printing lower highs and lower lows. I wouldn't be surprised if selling continues into tomorrow. $DIA $QQQ $IWM $SPY were all beaten with an ugly stick. Stochastics, moneyflow and RSI all heading south on above average volume with the 8dEMA acting as strong resistance. $SPY testing the Sept lows, the others are way below them. Way to go! In the words of Monty Python's King Arthur "run away, run away"!
  • woodman: @Bert953 $DIA $QQQ $IWM $SPY #MrMarket - Monty Python ... I thought you were going to say: "Bring out your dead! Bring out your dead!"
  • Onthemark: @Bert953 $DIA $QQQ $IWM $SPY #MrMarket Monty Python: Thought your were going to say, "Merely a flesh wound!"
  • Henry: $QQQ So much for a double bottom.
  • bigbartabs: @joelsg1 $SPY ... and $QQQ $IWM even worse. $DIA is the tallest midget this morning.
  • woodman: $SPY $QQQ Wow.... Same charts. Breakout to the downside out of consolidation end of Feb/beginning March, falling below major moving averages (50d then **200d), rally back up to the 200d, then roll back over. Now aiming to test the recent lows at the bottom of that major fall.
  • joelsg1: @woodman $SPY $QQQ Do or Die time for both.
  • jeffslm: @joelsg1 $SPY $QQQ - searching for a double bottom perhaps
  • joelsg1: @jeffslm $SPY $QQQ That would be the Do part, but if it Dies...past time to add puts.
  • StockMarketMentor: If anybody is so inclined, you could consider shorting $SPY here. It's likely going lower from here. $SDS is the ultra-short, and just shorting $SPY gets the job done without leverage. Short $SPY with buy-stop at 576.35, or... $SDS stop at 20.20 And/or...you could short the Q's, which are also likely to pull back more., Shorting the $QQQ with a buy-stop at 493.20. Or...buying $QID (inverse short ETF) with a stop just below 34.50. Just spitballing. --Dan -Dan
  • scottrades: $SPY / $QQQ New HODs
  • bigbartabs: @scottrades $SPY $QQQ ... I think buyers are tired of fake outs, and the 4 indexes need to at least close back above their 8dema's with green candles before traders start getting back in. Traders are tired of the chop.
  • scottrades: My notes: $SPY Needs to get above the 200 Day $QQQ Watch 486 $IWM Bouncing off support $KWEB Pullback to the 21 EMA $GLD Still strong $GDX Still strong $SLV Upside reversal $IBIT Patience $BRK.B Great strength $SPOT Above all the MAs $NFLX Watch 968.10 $PLTR Good RS $ESE Good RS $T Basing $CME Trending up $AEM Holding the 8 EMA $AGI Watch 26.40 $GSHD Added to Dan’s ATL 118/109 $MSTR Watch 316 $PLMR Holding in trend $SNEX Above the MAs, Watch for a PB
  • scottrades: $SPY / $QQQ HOD.
  • Nepenthe: @scottrades $META $AAPL $AMZN $NVDA $NFLX And for the moment, $SPY and $QQQ are meeting resistance at their respective 8ema's, fwiw. Cheers.
  • scottrades: My notes: $SPY Day 2 $QQQ Day 2 $RSP Closer to the 200 Day $IWM Still a long way to go $KWEB New 2025 High $IGV Good volume $GLD Still working $GDX New 2025 High $IBIT Lower High $BRK.B Working $AAPL Trying to find a floor $PLTR Near the 50 Day $T Out of the channel $CME Trending up $CHKP New high $AEM New High $CWEB Leveraged China $BABA Breaking out, watch for a PB $JD Slightly Extended $MSTR Just under the 50 Day $YMM Mentioned in the forum
  • scottrades: @djgustoso It's impossible to know if the bottom is in, 30 minutes into the market open. We don't have any news, we don't have heavy buying volume, and all major indexes are still in a downtrend. You should be building your watchlist of relative strength stocks or trading very small right now. We should get some short covering and potentially a technical bounce, but we'll need to see some Higher Highs and Higher lows develop. We don't have that yet. Watch for strength into the close on $SPY and $QQQ On my list: $GLD $AEM $WPM $BRK.B $HALO $BRO
  • bigbartabs: @scottrades $SPY $QQQ $GLD $AEM $WPM $BRK $HALO $BRO ... good response.
  • ruskinq2: $QQQ $SPY I vote for a good ol" fashioned face ripper...remember those? LOL
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Stock Price $571.97
Change 1.54%
Volume 51,428,800

The investment seeks investment results that generally correspond to the price and yield performance of the index. To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the Nasdaq-100 Index?, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index.

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