Discover and read the best of Twitter Threads about #QQQ

Most recents (8)

Charts Time!
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$SPY $SPX $QQQ $JETS $NVDA $AMZN $XLE $XLF $PLTR $IWM $TRAN $MJ
$SPY
still looks very bullish on weekly, i expect it to move to 400 early next week
$QQQ
#QQQ similar on weekly, if it dips anywhere close towards 320, buy weeklies and monthlies as its gonna go right back up, below this line though we'll see what happens
Read 17 tweets
Charts Time!
Follow the thread
$SPY $SPX $QQQ $JETS $NVDA $AMZN $XLE $XLF $PLTR $IWM $TRAN $MJ
$SPY
still looks very bullish on weekly, i expect it to move to 400 early next week
$QQQ
#QQQ similar on weekly, if it dips anywhere close towards 320, buy weeklies and monthlies as its gonna go right back up, below this line though we'll see what happens
Read 16 tweets
Tech stocks. 10-day moving avg hit a level this morning that's been consistent with short term dips. Negative expectancy 4 days out. #QQQ
Here are the recent signals.
⚠️ The title says 5 days but the forward returns are actually for 4 days.
Read 3 tweets
The largest valued stock in the S&P 500, Apple - Worth nearly $2.3T this week just traded in a 9% range, with an 8% candle, file under NOT healthy price action.

thebeartrapsreport.com/blog/2020/09/0… Image
S&P 500: It had been 29 days since we had a -1% close, until today (-3.7% now). Which is nothing when you compare Oct 8th, 2019 till Jan 24th, it was 74 days without a 1% negative close.
Nasdaq his the 100-day moving average, a first since April, 10% off sale... #QQQ

(2)
Read 5 tweets
I’m starting to like a potential analog with the 1962 stock market crash. See the 4 attached charts. H/T to both @StockCharts @rdwyckoff

$SPX #SPX $COMPQ #QQQ $QQQ $SPY #SPY #trading #investing #coronavirus #COVID19 #StockMarket #stockmarketcrash #stocks #economy #recession $DIA ImageImageImageImage
This was a great rally to provide a bit of evidence in support of the 1962 analog mentioned in an earlier tweet.

$SPX #SPX $COMPQ #QQQ $QQQ $SPY #SPY #trading #investing #coronavirus #COVID19 #StockMarket #stockmarketcrash #stocks #economy #recession $DIA #DIA $IWM #IWM ImageImageImage
1962 $SPX analog still looks strong. Combined with extreme sentiment, oversold levels, and internals, the potential is certainly there for this scenario play out.

#economy #COVID2019 $COMPQ #QQQ $QQQ $SPY #SPY #trading #investing #SPX #coronavirus #COVID19 #StockMarket #stocks ImageImageImageImage
Read 85 tweets
Disruption innovation typically gains traction during tumultuous times: cheaper, faster, more convenient, more productive, more creative. Consumer and businesses are more willing to change behavior during setbacks.
This period is nothing like the GFC, but while tech budgets were slashed and consumers retrenched during 2008-09, delivered 20% revenue GROWTH and +14% during their worst quarters in that crisis.
Many industries and companies in the crosshairs of disruptive innovation - like autos, energy, banks, pharma, old tech - have attracted investors with high dividend yields in a yield-starved market and share repurchases financed with leverage. Those companies are in harm’s way.
Read 5 tweets
Analysis: #NASDAQ $QQQ

Case 54 #Invesco QQQ Trust

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#QQQ 1/5
The strong up trend is set to continue but we expect some signs of exhaustion to be seen around 231-243 which should then lead to a minor correction towards 197-194.

QQQ 2/5
Chart 1
Monthly Chart: Synthetic #trendline resistances and the project horizontal #resistances. A break above 208.80 could target 215.

QQQ 3/5
Read 5 tweets
Let’s Get this Chart Storm STORMING...

1/

The most optimism in over 5 years - nothing to see here
2/

Since we are on the subject of sentiment and internal health/state of the markets

This swing in the equity options markets is off the scale manic. From very high put buying to very high call buying in 2 bars!!! $SPX
3/

But that’s not all. $VIX is not agreeing with options players - so someone is wrong. Possibly the manic maniacs? Your guess is as good as ours $SPX
Read 45 tweets

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