FYI.... Seasonally, typically tech chops around June and rallies with a vengeance in July.
Just another no news buy everything day......
I don't think the Qs is the safest place right now. I jumped in to DIA and SPGI for temporary safety for like 50% of mine.
POWERSHARES QQQ, is still one of the most compelling, resilient ETFs in the entire industry! It was up 19 and a half percent since January 2nd until the most recent Carnage obviously manipulated by algorithm nonsense premeditatedly !!!! Starting Monday June 19th we will get to see Tech Rebound with great ,compelling, resilience, or we will have to lay off and wait for the Carnage to subside ! I see the rebound ,and resilience, resuming with a passion, by mid next week the latest !
hey guys. I own usnqx and found this etf. I'm thinking of switching over to this one. can anyone advise me on this? I'm new to investing thank you
more pain today
the pain is just beginning for holders of QQQ
(BLOCK TRADE: $AAPL 540,144 shares @ $155.37 [14:14:40] = $83,922,173.00) - (BLOCK TRADE: $QQQ 1,312,500 shares @ $143.10 [12:08:24] = $187,818,750.00) someone knows something is about to happen in the Nasdaq and Apple ....stay long bulls 👍
bought large amt of QQQ June 140 strike calls at the dip on friday. We know they will punish the sellers on friday early monday morning. Same game same algo same AI over and over. If you do not make money over and over with the same trade you are pretty stupid.
3 month low, Even, I think it's way to much, these Stocks are acting like it's a VIX of 25. None of this makes sense. IT'S A FLASH CRASH, ALGORITHM COMPUTER SELL OFF
Very difficult to see QQQ not making a big run north. Yo you should really check out awesome.stocks, they seem on point with their stocks.
My hedge with $TSLA/$AMZN & my $QQQ hedge work great. Retail stock $JCP, $M, $UAA,$M helping as well and hit all time high balance again. $AMZN I am out with my cover put at $990 -$1002.5 which unlikely by end of week (Market is crazy so anything possible but it at least will protect my profit . I also sell cover put of $TSLA with $355 put for 50% position. 50% is still open + number of call $365 expiring this week.
Overall I reduce my hedge significantly but also sell $UAA, $JCP stock against my will as I want to exit this market before real crash that might happen.
I am going to stay open for rest half on TSLA. This sell off is veird just like rally. It target at APPLE, GOOGL & AMZN which are biggest tech. Compare that to TSLA selloff is very limited so far. I can only think 2 reason. I think this is temporary sell off warning smart to exit ASAP. We will see how this play out.
Time to Sell QQQ ...before the door gets crowded ...there is very little to no upside in Nasdaq....I'm out of all my FANG stocks....
I am so #$%$ sick of this market going up every #$%$ day.
The top in QQQ is in! For months. I am always right!
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power shares triple Q will be as resilient as always, as it's obviously already grossly over sold!!!!
Technology coming.. bigger than the Internet? Get IN now...why some of those Wall Street Gurus want to ripp off people with false promises ? AOL. YAHOO. EBAY, AMZN... we don't have those stocks any more and it won't come any other to surpass them..
the algorithm is ambivalent about Trump. It can take out stops for opaque reasons