Swing Trading QQQ

Discussion in 'Trading' started by schizo, May 6, 2024.

  1. schizo

    schizo

    LOL Thanks for being so prescient. It would have helped if you said that like sometime last year?
     
    #191     May 17, 2024
  2. Darc

    Darc

    It shows confidence in the Economy, and thereby SPX rallying further even without Rate cuts.
     
    #192     May 17, 2024
  3. Overnight

    Overnight

    You are formulating your theory about how US markets will move in the future because of Germany?
    Holy cow!

    That deserves a fuck-off song from Deutschland.

     
    Last edited: May 18, 2024
    #193     May 18, 2024
    nitrene likes this.
  4. nitrene

    nitrene

    You should have linked the Japanese version of Pocket Calculator -- Dentaku. I still have the Japanese & German vinyls from that album. The most influential song from that album is Nummren (aka Numbers) & It's More Fun To Compute. Those 2 songs along with Tour de France became breakdancing anthems in the early 1980s.
     
    #194     May 19, 2024
    Overnight likes this.
  5. New ATH every single day. Market actually trying to take a break, but it can't as it's forced to go up. Some interesting micro dips happening here, but they all get bought so fast as we've come to expect.
     
    #195     May 20, 2024
  6. schizo

    schizo

    • Nvidia shares reversed their morning slide and ended Tuesday trading up nearly 1% at $954.
    • Nvidia shares are up 25% over the last month alone and 93% in 2024, extending 2023’s 240% runup as investors can’t seem to get enough of the AI dominator.
    • That’s a move which would add or knock off some $200 billion from Nvidia’s $2.3 trillion market capitalization, a hard-to-grasp sum for a company valued at $200 billion total just four years ago.
    • Nvidia is expected to account for roughly 40% of all earnings growth across the S&P 500 in the first quarter of the year, according to Bank of America. Put another way, the benchmark American stock index’s projected bottom line growth would fall from 5.7% to 3.2% without Nvidia, according to FactSet.

     
    #196     May 21, 2024
    Darc and Picaso like this.
  7. Darc

    Darc

    Not looking great for the Bulls atm imo.
     
    #197     May 22, 2024
  8. schizo

    schizo

    Huh? You know something I don't? In case you're in the dark, both QQQ and NVDA made new ATH in the afterhours trading.
     
    #198     May 22, 2024
    Picaso, p0box4 and Darc like this.
  9. Darc

    Darc

    Wait for it ;)
     
    #199     May 22, 2024
  10. Don’t check the futures. As expected it’s opening around 460.
     
    #200     May 22, 2024