Low VIX is the biggest red flag of all. Well worth a hedged short at current prices. The pump-and-dump bar appears to have dragged in any remaining suckers. They have to be reassured that it won't fall soon so that they continue holding the bag. This drags on till the end-of-month buying kicks in after which it falls apart.
Puts are dirt cheap in a low vix environment. Some years ago, I bought cheap puts on a stock only on the basis that it had historically low vix. The bet was zero or hero, and there was no forthcoming news or anything else to impact the price. 10 days later, some hedge fund guy found out about an accounting fraud in their results. Overnight the stock crumbled by 18%, I cleaned house. After that I always keep a close watch on low vix situations. Timing them is tough, but they usually end in price imploding. I daresay quite a few traders are going to become very rich in the coming collapse.
Except this QQQ dip has lasted 10 trading days and still hasn't fully recovered. It will eventually get back to ATH but it's not the powerful V recovery that you are claiming.
So we are now 100% certain there is free money on qqq because its 100% going back to fresh highs ... This is the most wonderful giving equities markets i have ever witnessed
Nvda earnings Wednesday and its extremely hard to find anyone saying the stock is headed down, everyone is anticipating a skyrocketing nvda stock on Wednesday night... Get ready for extreme volatility.
Your post was just before the high of day for the NQ/QQQ. Again, the perfect time to take profits or open a short for the day is nearly always when you come on here to run your mouth. Can't make this up!
It is going back eventually, unless you think this bull market is over for good? >This is the most wonderful giving equities markets i have ever witnessed Its just a bull market, that at some point will end but for now is still intact. But it is not a roaring runaway bull market, like the late 1990s was, with the entire NDX going up 80%+ a year. It chops around and waits, gets scared when it gets to previous highs, only breaking out to further new highs on major news events.
Futures down Hmm is th is the reason.... Trump says he’s removing Fed Governor Lisa Cook, cites mortgage fraud allegations