blakeparr

QQQ Getting a *Little* Expensive

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
If we completely ignore the news, the graph of QQQ seems to be recovering quite nicely. For a technical trader it's extremely optimistic. Then, if you look at any sort of news, this trading at Jan 2020 levels seems absolutely insane. Both sides have good cases, but I am going to choose to ignore each of them. The indexes are beyond unpredictable right now (see GDP -4.8%, IXIC +3%) that my options trading is pivoting towards almost exclusively to singular companies - as opposed to my typical index/ETF trades. I hate to sit on the fence here, but anyone who says they know where this is going is ignoring half the data on either side. Good luck to all!
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