QQQ

vtsandtrooper

I’ll give one caveat. There is a question whether the hundreds of billions spent to expand the megacap AI tools has returned revenue. In some cases this is very complicated because of the market saturation of the companies that existed before AI spending. Did copilot make microsoft more money? Or is office basically a monopoly already and was going to increase revenue regardless. Did googles gemini make it money? Or was youtube and google search already a behemoth for them? Did ai increase ad spending to facebook? Or is ad spend returning from a down cycle. If the spending these companies did doesnt return another 10-15 years of 20-30% growth then their valuations will ultimately either be topped out here or too rich, resulting in reduction. Right not their valuations work because of their PEG, but if growth slows to 15, 12, sub 10% you could see a halving of their acceptable PEs. That halving would mean a 35-40% drop in SPY and QQQ because of how concentrated weighting is at the top. So it MIGHT be a bubble but its a completely different kind, a bubble in future expectation vs current spend. There are companies that ARE undervalued who have proven business propositions that are making money thru AI application. I think this will be where growth comes, and probably the big boys will be spending even more to grab and acquire these smaller players to avoid disruption to their market. Imo this all means about another 2 years of upcycle with a general flattening of overall indexes due to hard to raise comps on the megacap.

among_apes

If I were you for every $1000 $100 emergency fund HYSA (or SGOV) $500 VOO $350 QQQ $50 (Random stock picks on RH, your young and it’ll teach you some lessons and give you a feel for markets and make you pay attention to companies and market cycles)

JLSmoove626

Damn, I was pissed I was down 1% being long puts on IBIT and QQQ into the close yesterday

EyeSea7923

QQQ is, so yes lmao. Really though, nah, treated like one sometimes it seems, but the P/E is really too low. Perhaps that's another factor.

IProgramSoftware

I would open up Roth IRA and invest money til you max out the 7k, put in s&p500 fund or whole market fund. Next take 60-70% fund in more aggressive fund like QQQ. Rest fun money: invest in speculative stock, fun money etc

stickybond009

Just buy QQQ QQQM

changer666666

Instead of trying to “beat the market,” sometimes it's worth looking back at your returns over 5 years. Most of us aren't professional investors — and that's completely okay. Switching to broad index funds like SPY / QQQ can be a smart pivot. There's strength in choosing consistency and compounding instead of chasing exceptions.

CycleApprehensive539

Got 1 lotto 600P QQQ 1-DTE. Retarded yes but how fucked am I?

Fantastic_Pack_9222

Straddle/strangle for earnings play. what I do is I buy a week before earnings to take advantage of IV spike then sell before earnings. I also tend to pick a stock from the same industry to buy cheaper contracts and to avoid IV crush. For example, for Nvidia’s earnings, I would buy AMD instead or just buy QQQ or SPY as they react to stocks’ earnings as well.

BGM1988

I had zero savings at 25! Stop what you’re doing and just invest into QQQ, sp500

EmergencyFair6786

Definitely get a more diverse portfolio. But their holdings are a bit oddly weighted.  Part of me has considered a VYM/QQQ combo or similar. Something like 70/30.  One of my problems is that my 401k and HSA have very limited fund options. I essentially get a VOO, VTI, or QQQ option. Otherwise it's all targeted funds or bonds, etc. Very annoying. 

SamJamesDaKing

1. Alternative labor data came in weak, so Dec rate cut back on. 2. Consumer sentiment at multi year low (50.3), usually typical of a bottom in the market, even if odd when near ath (bullish) 3. SPY & QQQ bounced off 50DMA (support showed up) - this was expected, given that there really are no major red flags to suggest the market is rolling over, but rather it’s just a simple pullback There was strength in the market in that there was clear rotation happening, not just to sell off of everything. Plus all the mega caps are still in an uptrend. Bull market is clearly still in tact. Then, what set of the small cap/high beta and AI trade was, as people mentioned, the democratic deal. Even though Republicans turned it down, the market didn’t buy it. If Trump doesn’t get a deal done asap then the market will remain choppy and/or could reverse today’s late move. I still think we are not gonna rollover unless the shutdown extends into late November. If it does get done, say this weekend or early next week, expect ATH for SPY and QQQ soonish.

Whole_Avocado5867

Remember the yearly contributions limits. In my opinion, drop JEPI and QQQ and put it into FXAIX and VTIAX evenly as you can easily change it in a Roth when you need income (QQQ is just nonsensical). Also, unless for some odd reason you have 2 separate roths, you may be charged to buy mutual funds from other brokerages so if with Fidelity, I’d get FTIHX for intl.

ElektronikRocker

QQQ at 612 afterhours, glad I full Ported ports two hours before closing

shasta747

You will make more money buying QQQ/SPY calls than this regard, why??

EasleyGreenWave3

Good that you are looking into Investing-great choice! Don't fall for Real Estate/Mutual Fund/401k scams-imo where you end up stuck or not making much at all. As others have said, keep a chunk of it as an emergency fund but start investing in Stocks for long term Wealth growth. Sign up for a legit online trading platform (suggest E-Trade) and link your checking account and deposit an amount you feel comfortable with. First two ETF Stocks to buy are VOO and QQQ to start. And be disciplined investing every month. \*Keep in mind the Market will go up and down but over time it goes up!

lopezomg

Why do people emotionally trade and watch others. I’ll never understand it. IMO: pick a company you like and don’t touch it for 5-10 years. It’s really not that hard, I feel everyone is always trying to find that next 1000x and invest in like a Payless shoe stock. Relax and buy the mag 7, VOO/QQQ and if you are feeling adventurous go for $HIMS $NBIS $HOOD $SOFI

deltasleepy

Did you buy SQQQ thinking it was QQQ??? 😂

NostrilLube

50 day moving average. QQQ, SPY, NVDA, all 50MA hits. Market tends to attempt a bounce at the 50.

Iwubinvesting

Now do the QQQ.

RepulsiveDisaster671

#QQQ on the board for once

ImFilou

Yes he did, he sacrificed himself like Jesus so my 20x QQQ could fly

ImFilou

Gotta say, it's beautiful almost art, how MM's sniped the regards with their knockouts at 600 on QQQ lmao

BitterAd6419

QQQ went down and touched SMA 50 on a daily chart and found support. I bought calls when it went down significantly and just forgot about it. $32000 returns by EOD

1ms0t4ll

“I need to go back to my roots and just trade QQQ calls and puts” lol no brother. Have you read the comments on your own post?

Senior_Professional4

QQQ green finally

PassionCompassion

You're going to have a hard time quitting unless you strictly make ways to never touch options. You will have those urges to 'get rich quick' again, especially after seeing you lost more than $70k. The wisest shit to do right now is just throw your remaining money into investing in SPY or UPRO (2x leverage of SPY for more profiting, but if you can handle holding through market crashes). Or TQQQ (3x leverage of QQQ, but again, you must be willing to hold through market crashes and not panic sell). Keep working and funneling money into investing in those ETFs I've mentioned. You can do small-cap stocks as well, but you have to really make sure those will be valuable in the future. Eventually, you will get back your $70k. You're 25 so you have a long life ahead. There are those who are like 40-50 years old, yet gambled away their money. There are those who are 60-70 years old, yet still working. There are those who are 80 years old, yet heavily relies on different kinds of funding to get by each day.

olmoscd

ive been heavy in cash this year, then heavy into QQQ/SPY in may, then back in a lot of cash since july. Ive made a lot of money selling cash covered puts since then. ive been selling covered calls and cash covered puts for 15 years. its a good strategy for hedging and entering/exits.

2ManyCatsNever2Many

this - putting the tariff cliff from earlier this year aside, most times the QQQ (as this was a tech-led decline) doesn't fall 5% which it did this time. even if there is a continual decline, a.short term bump is expected.

Worth_Quantity1953

Nobody can tell you 100% if it was the right choice until after the fact. The market might shakeout weak hands or it might continue to go down more. SPY and QQQ ended up bouncing off of their 50day MA today. Will it hold is the question to confirm the bounce

cereal_from_my_hole

QTEC is QQQ with more equal weighting. QQQ has 54% in its top 10 holdings, QTEC only \~28%. In practice it is more aggressive than QQQ

Galaxy_AI

Most people here are underestimating the AI bubble that Scam Altman and others have formed. We need at least 20-25% correction. Please have a look at the SPY chart of 2000-2006. It took almost 6 years to recover, and again there was the 2008 crash. QQQ and SPY continue to bleed until people lose their faith in the stock market. SPY needs to see $600 QQQ $530

Alarmed-Rope-9062

i made $3k on QQQ puts

Lapidated_Llama

I need to go back to my roots and just trade QQQ calls and puts.

Odd-Block-2998

Main play account ranged from -4.25% to +0.50% today. Crazy swing. Too bad I adjusted my QQQ ITM puts too early.

teamyg

Shorted more QQQ at 610, to hedge my long position. What a day!

SlfImpr

So 599 was the bottom for QQQ??

SohndesRheins

If you have money all in broad indices like SPY, QQQ, VOO, etc, then just hold and wait. If your money is in a niche index that only tracks tech stocks then you may be at risk of an AI bubble burst. If you zoom out on the S&P, Dow Jones, Nasdaq, you'll see the line only ever goes up over time and the downturns are temporary, so if you have at least a few years before you are retiring then just keep sinking money into a broad index and it will turn green eventually.

whitesquirrle

460k volume on the QQQ 1 minute candle

babyd42

!banbet QQQ 590 4d

SaturnineApples

https://preview.redd.it/g8lxklnjbwzf1.jpeg?width=1170&format=pjpg&auto=webp&s=af1b6b326d517882087343186dea15827e5604d5 I too trade a similar style. Lots of one minute time frame charting but I also use all time frames all day, the further in the day the easier a reversal or continuation is to predict. I also like looking out for gaps on the one minute time frame, 90% of the time they get filled which makes trading even easier when they pop up Seems best opportunity is in at open and out by 10-11am and then another buy opportunity between 12-2pm I have QQQ's chart dialed in with support and resistance levels. Its great when you targets hit perfectly

harrison_wintergreen

it's some sort of 'zero coupon' bond linked to the QQQ etf. they'll get any pay out at maturity. as to whether this is a good idea or not, it depends on many factors.

DoinIt4DaShorteez

I agre that's really not an appropriate investment for most people. I'm not familiar with structured notes, the reason I could think of to put someone in them would be lower performance vs the tracked stock (QQQ) in exchange for a downside protection floor. On its own the MQUSTVA index has 1.5x the volatility and 1/2 the return of QQQ. Go here and look at the YTD chart and the Historical Performance. https://merqube.com/index/MQUSTVA This looks like maybe the same or similar instrument by JP Morgan: https://www.sec.gov/Archives/edgar/data/19617/000121390025047799/ea0243560-01_424b3.htm

acrossseasons

Dude is it that hard to look at a chart for you? QQQ Do you think that the markets is going to drop to zero this time around? In that scenario the stock market is the least of your concerns

jayleia

QQQ going to 1.

teamyg

Shorted QQQ again at 608, 😂😂😂

OrangeForeva

I had about $1k in QQQ 605 calls I sold for a 50% gain about. Didn't trust we'd get above 605 before EOD and theta burn hurts. Turns out I could've made a couple grand extra. Oh well, I made other trades so still up big on calls today.

QuantusMaximus

SPY, QQQ green by close... wknd green prints sends msg dip is over on Monday. Those calls I bought at the 50 DMA printing.

Kirko_Cousins

QQQ 603c's were a clean 10 bagger

Ev1l_ov3rLoAD

What's a lower cost option for QQQ and SCHG

Kirko_Cousins

Waiting for QQQ to break out above or below this channel then puts or calls for sour/power hour. Or sit on hands and not lose money.

-TrueFacts-

Market crashes 30+% THEN I'll be interested in broad-based ETFs again. SPY and QQQ at or near ATHs are not attractive to me.

marrful

!banbet QQQ 610 1w

Fhyzikz

I still have like 5 QQQ 0dte 600p loaded to hedge my 21 dte 600c just in case more fake v

bigmphan

If you’re scared you probably did the right thing. IMHO this has no bearing on whether or not you should hold stocks. You could roll it all into electric utilities and AT&T who pay high dividends and have low P/E ratios. At 25 you’re young, but if you follow the pundits and the analysts there is a consensus that we could see a 10-15% drawdown in the next year. In the grand scheme, spending 6 months on the sidelines while locking in some profits is how it’s done if you ask me. Now if you weren’t risk averse you might short the QQQ and either be a hero or get your shit pushed in. Just keep learning and always take some profits if you can!

Fhyzikz

Vote failed or something? That's ok I took profit on the QQQ 0dtes when price looked to be stalling and loaded a bunch of cheap 0dte 600p

Galaxy_AI

We are reaching a new ATH. Spy +4% and QQQ +5%

drew-gen-x

I sold half my $SQQQ position today when the $QQQ hit 600. We will most certainly have a relief rally. The question is whether we will put in new ATH's. I believe we already had a blow-off top once $NVDA hit $5T market cap last week. You could also mark J-Pow not promising a December 025 bps cut as the blow-off top. I will be waiting to add to $SQQQ and once again short $NVDA once the bulls start burning their cash BTD in this Sam Altman AI bubble. If you are a long term buy and holder, DCA into $SCHD, $TLT, or $GLD. Even $RSP would be a better choice than the $SPY or $QQQ. But stay away from reddit's fave Sam Altman stocks.

marrful

Im up on these QQQ calls but ima let them ride

Thrownupawayandback

SPY is down about 3% this week, QQQ is down almost 5%, which is a huge drop. I think we continue to go red for the rest of the day, but we open green on monday. maybe because the government shutdown ends, maybe just because the market makers don't want too big of a drop too fast, maybe just because a butterfly flaps its wings. either way i'm purchasing calls end of day today.

maffoobristol

My broker made me fill in an aptitude form before they allowed me to buy 3x QQQ. I think they know how stupid I am

ButtExterminator

maybe on QQQ

teamyg

Covered all my QQQ shorts around 599 (from 608 and 609) and took profit, let's go BEAR!

LOTWAdminTanner

Thoughts on QQQ puts

Galaxy_AI

Told you na....Today is Friday; no one is going to go through the weekend. QQQ -3%

marrful

!banbet QQQ 610 1w

Livid-Comedian-8528

SPY and QQQ blood red while 🌽 is ripping This must be the worst day in the average WSBer life

bub356

$QQQ fell below $600 and that made Mr. Market mad

VastGrade1245

Thank you sir, I pulled out all my money and scrapped the little profits after it got wiped out since the decline, I am looking for a new entry now, though I might wait till next week because of the increase swings, though I think if QQQ ends below $600 today, it will be bearish for a while so may buy puts Monday, if not and got rebounded, I will buy a smallish call because I think gov reopen would make lots of bullish moves.

Glassesofwater

QQQ is at price levels not seen since two weeks ago. Market is doomed. Depression has started. Gonna start drinking my own urine to survive

CanaryUmbrella

QQQ down \~10% since the weekend.

plakotta

This was the best decision at the time. It ended in great profit. I considering buying QQQ leaps today. OP what do you think ?

babyd42

Can't believe I sold my 600 QQQ puts for a measley 200% before they went itm to 500%

Cantthinkofacoolnam

I keep telling you this will be worst day this year for the market. You’re all about to see another 15% drop on QQQ TODAY. The news that’s about to come out will wreck the market.

LowPr3ssure

if MSFT and AAPL get more red QQQ is going to burn https://preview.redd.it/klcw0ved9vzf1.jpeg?width=736&format=pjpg&auto=webp&s=2a7b4e515a835ce92cc5b848c24ad4ac68e27758

lupinle1

QQQ 575

Glad-View-5566

Had QQQ 620P 11/7 on Tuesday that I sold for 150%-200% gain. Would have been my first 10x if I wasn’t a pussy. Atleast I’m not long!

sirzoop

QQQ is up 15%+ since beginning of this year, well above average historical returns. What are you trying to say?

DuAbUiSai

QQQ 600 support line has been broken. 😱

NotJustJason98

Looks like QQQ is a clingy ex that needs Gold to peg it again

Happy-Champion1661

down it goes through the 600, poor QQQ, you will be back

9tacos

QQQ still 10% above 200d ema. It’s a long way down 🤣

Warren_Buffetts_Alt

Im buying QQQ

LosHuevos69

QQQ broke 600. Oh fuck.

ElephantFriendly

QQQ under 600. It's joever. Haven't seen this level since...2 weeks ago.

Initial_Ad_9250

You know shits real when QQQ is on here

LowPr3ssure

i feel good about my $100 lottery ticket of QQQ 586 puts. there is something in the air, the vibe has shifted.

rioferdy838

At the 50Ma for the SPY/QQQ. Lets see if it bounces next week. At least a relief bounce.

I_Study_The_Patterns

Blood on the streets! We are only back to October 22nd on SPY and QQQ.

VegableProperties

is this where we lose 600 on QQQ? Or hard bounce back?

crazyfool319

Goodbye $QQQ

Equivalent-Stop7266

QQQ daily RSI lowest since April. How much lower can it go lmao

Beetlejuice_hero

The real gift right now is META, but clearly Reddit is not a flash in the pan. Just be ready for a bumpy ride. If you can't stomach those massive down days (where the correct reaction is to buy more), stick to QQQ.

OrangeForeva

We hit the big downside target QQQ 600. Take profit on shorts. Good place to buy some calls into end of the month or December. Could be more downside but bounce from here is very likely.

Mean_Office_6966

QQQ below 600..

Klaus_Winchester

QQQ is going under 600 I can feel it

No-Improvement3164

QQQ down 2% and Apple 🍏 😂

lupinle1

Next stop QQQ 575.

LowPr3ssure

\-5% QQQ end of day. its over. its never been more over. source: 😶‍🌫️

Me-Regarded

I flipped a coin yesterday on QQQ vs SQQQ. I chose unwisely