Reddit Posts
These are some real lessons that I have learnt the hard way.
Two years of emotions, ups and downs, all for table scraps
Built a free dealer-gamma (GEX) map for SPX/SPY/QQQ — tell me where the methodology is wrong.
Has Michael Burry officially dethroned Jim Cramer as the king of financial flimflam, or is there still time for Cramer to mount a comeback?
For anyone wondering exactly how much QQQ and VOO/SPY actually overlap, here is the math.
The Nasdaq 100's valuation premium over the S&P 500 is near a 9-year low. Is tech actually expensive anymore?
QQQ 10 dollar green rocket up my anus at open
Buying QQQ is easy. Holding through the drops is a whole different thing
Racking up 100% trading options day after day adds up to big money
I Trade for a Living - Here’s My Setup for Semis, SPY and QQQ
Buying QQQ is easy. Holding through the drops is a whole different thing
Deconstructing 0DTE Option Losses: Traders Freeze During Intraday Volatility Surges
$200 > $5,000 challenge day 1
SPY closed the week in the deepest positive gamma I've seen in a while (IV ~9%)
When I put $5 on a stock I win , put $50 in I lose almost every time.
Buying the APPLE dip might not be a pro move.
Prepare yourself for the Regime Shift
Prepare yourself for the Regime Shift
QQQ $660 calls expiring today, ngl thought it was over at one point
July 24/27/28 is the first time in history that the S&P 500 was positive 3 days in a row while QQQ was negative 3 days in a row.
Bought 60k worth of QQQ LEAPS and 20k worth of DRAM LEAPS
HYG Just Broke Down From a 3-Month Triangle Consolidation. Is the Equity Market Next?
Stared into the abyss today
SOX just hit bear market territory. This earnings week is make or break for semis
I model dealer gamma daily. Right now all three big index ETFs are negative-gamma below their flip,
1DTE $21K SPY FD Yolo - 735P 7/20/26 220x @ .96 Each
Regarding the Recent Stock Market Movement
Regarding on the Recent Stock Market Movement
June CPI missed big but I'm not buying the full rally yet
Always a Pleasure $HOOD. Thanks again QQQ
Always a Pleasure $HOOD, Thanks again QQQ.
QQQ gonna spike soon (UP or DOWN)
Held these 0DTE over weekend. 11K QQQ calls am I cooked?
If June CPI comes in hotter than expected, is the better trade Treasuries or SPY/QQQ puts?
Investing is really a lifelong battle against our own emotions
A huge trade just happened on the Nasdaq 100. Bulls are taking notice
Your wheel is probably less diversified than delta makes it look
SpaceX is trading below its opening day price in its third week. Bag holder or bargain.
SpaceX is trading below its opening price, might not be the red flag it looks like.
Not meaning to spread FUD, but I just found this on the QQQ graph, and it's freaking me out
I think QQQ goes higher. Do I sell or keep this because theta?
Liquidated all positions: Sitting on $1.2M cash for a 2026 macro restart. How would you deploy this for the next decade?
I have currently sold all my stocks and have $1.2 million in cash on hand. I would like to purchase a new batch of stocks to hold for the lo
Trying to generate alpha using Nasdaq retail activity data
It ain’t much, AMZN, XSP, QQQ this week! First fully green week!
I built a simple “Regime Filter” using SPY and QQQ to decide when I’m allowed to buy new positions
Want to hear from the people who sold their QQQ (and other Nsdq 100) because of the addition of SpaceX
When will QQQ be more $ per share than SPY?
Mentions
I thought QQQ only goes up
QQQ is with Iran, won’t open the money printer until 2029
I can't help but be reminded of that 5 month tech sideways down price action from last year that culminated in the start of the Iran war before an explosive 35% move in QQQ in like a month Dow and S&P lagged QQQ all year last year and then caught up in the last couple months, grinding higher while QQQ corrected like 6 times, each one lower than the last We just hit our first lower top on QQQ for the season off of record earnings, yet again My conclusion is bitch out paperhands all the way and keep buying hard every time QQQ hits 10-12% below ATH
At some point, the software vs semis rug of war will result in QQQ going higher again right? Sure it won't just rotate crab for all of eternity right?
OPs point there is obviously weak but you guys fail to mention that the QQQ trailing P/E at the dotcom bubble peak was 200 compared to 30 when memory was at a peak in July. Yahooo was trading a 2000x trailing earnings… For reference SNDK is 37x trailing earnings and 6x forward. Memory multiples are extremely low compared to dot com. The fundamentals of memory companies are far stronger than those at the dot com time. Now an argument could be the cyclical nature and that SNDK won’t see more built out for example, but the AI build out is going to need exponentially more electricity and compute. If you want this argument to end up true, AI intelligence would need to hit a scaling wall which has not happened yet. The way I look at it is we have literally created exponentially scaling intelligence, the economic effects of this are unlimited.
Yep still holding long on QQQ, 💎 hand the dip
I’m not a day trader. I buy growth stocks when they are underpriced. I buy low PEG ratio stocks. For example, I bought APP when it was $70 per share. I sold after I made a very nice profit. That stock is now $339 per share. I typically hold for 1-2 years, but of course every investment is different. I don’t think you can know what a stock will do in the short term as there are so many different variables that go into the valuation. Of course, during a Bull market, it’s much easier to pick winners. In fact, I think you really have to consider the overall market before you even to decide to invest in individual stocks. Most people don’t have the time or the patience to do enough Due Diligence before investing. I’m an accountant, so I spend a lot of time reading Financial Statements, 10K, etc. I have done pretty well in my opinion. Unless you are willing to spend the time to really understand the company, the industry and the overall market, I would recommend investing in an index fund ( for example QQQ). Some people are good at timing the market and I give them credit. Some have various strategies that work for them. I follow the GARP (Growth at a Reasonable Price) strategy. Currently, I own $MU. They have a forward PE of 6 and a very high growth rate. I think it’s a good long term investment, but each person has to do their own research and invest accordingly to their own risk/reward tolerances. Good luck!
I added more SMH, currently 50% SMH and 50% QQQ.... 100% tech. Annoying weeks ahead, but end the of the year things will be a lot higher.
unfortunately, I am going full bear. QQQ 660puts 9/4
After reading this, I have loaded 5 dozen Jan 2027 expiry 30-delta calls on QQQ
70% In S&P index fund (example: VOO) 20% International non-US fund (example: VXUS) 10% aggressive fund (example: QQQ)
Let's short squeeze richtech robotics, I'm done playing with SPY and QQQ 😭
Fuck is, selling a SPY and QQQ CSP for end of month and taking the rest of the month off
Too bearish in here calls it is let’s see QQQ green EOD
The QQQ are getting redder by the minute
Holding QQQ calls to End of Week. I don’t give shit anymore. I accept the L if it dumps
[https://www.youtube.com/watch?v=XNtTEibFvlQ](https://www.youtube.com/watch?v=XNtTEibFvlQ) IF YOU'RE NOT LONG LADIES AND GENTLEMEN GET READY TO LONG UP SPY AND QQQ ALL OF THE BULLS WHERE YA AT? WHEN I WALK IN THE CASINO ALL THE LIQUIDITY ON ME IM WITH THE BULL MAN CREW ALL CALLS ARE CHEAP WE LIKE 780 WE LIKE 800 WE CAME TO ATH EVERYBODY ITS ON! CALLS CALLS CALLS CALLS CALLS CALLS CALLS CALLS CALLS CALLS EVERYBODEEEE!
[https://www.youtube.com/watch?v=XNtTEibFvlQ](https://www.youtube.com/watch?v=XNtTEibFvlQ) IF YOU'RE NOT LONG LADIES AND GENTLEMEN GET READY TO LONG UP SPY AND QQQ ALL OF THE BULLS WHERE YA AT? WHEN I WALK IN THE CASINO ALL THE LIQUIDITY ON ME IM WITH THE BULL MAN CREW ALL CALLS ARE CHEAP WE LIKE 780 WE LIKE 800 WE CAME TO ATH EVERYBODY ITS ON! CALLS CALLS CALLS CALLS CALLS CALLS CALLS CALLS EVERYBODEEEE!
I miss the war trade...all this winning and QQQ pinned at 0.00%
My long term investment account is 95% equities/commodities, 5% Cash/Cash equivalents. Currently up about 24% YTD. Only added on the QQQ dip around 665$/ and gold around 4100
QQQ goes back to ATH will bring SPY to breakout to 800 nicely.
F your early calls, F your late poots. QQQ goes up from here
AMZN, please continue to ignore SPY and QQQ 🙏🏼
You can actually sell QQQ and SPY? I didn’t know that. I was under the impression that once you buy, you own it for life
Fucking QQQ. SPY hitting ATH while I’m holding this retarded peice of shit.
QQQ bounce off 724.24, if it holds 724.7 then 726 should be easy ?
Holy shit, can you get any more cringe? QQQ $740 day was cringe enough, but holy shit 🥀
Those of you who invest in QQQ regularly: what is considered a good dip? 3%? 1%? Doesn’t seem to stay down for long, wondering when I should wait to jump in. It’s just a few dollars away from ATH, should I wait for a dip? Or does it just rip non stop so it doesn’t matter when I buy in (what the chart seems to show)
I would hope a professional investor is beating my regarded QQQ buy and hold strategy …
$SPX $SMH $QQQ Earnings crash 10-30% for all AI hype stocks nowadays Check which hype earnings stocks this week $LITE earning crash tomorrow $MU $STX $WDC all crashed at earnings
That’s just not true. My trade price on nvda was so slow that it now shows as zero due to some of the options premium I’ve collected against it. My investing is still completely rational with large swaths in index funds like QQQ, SPY, etc
Bout to be the greenest day 🤗 QQQ to 740 You can bet the house on it 😈
I just did 1 trade and QQQ made me 300 bucks so Imma buy $5k hertz tonight. Xoxoxox
I started getting into trading the ORB and want to know what scanner settings and specific rules you follow. My specific variation is waiting for the first 30M and waiting for a 5M close. What scanner settings should I use when deciding which stocks to trade, along with any extra rules that you follow? Please keep in mind that, due to religious reasons, I do not short-sell stocks or trade QQQ/SPY. Thank you!
Premarket being a gay bitch, fading a .5% QQQ pump, but it could be worse. I could still be invested in memory stocks.
Think QQQ long calls with small amount of cash if we stay around here along with a QQQ long put hedge, both deploy small cash
Gonna make some money this week on QQQ jade lizards 🦎 Bers r mildly fuk 🤗
I only do SPY calls and for puts QQQ is better alternative due to average more downside when it dumps.
Jimmy the type to watch QQQ drop 15% over 2 months n buy more puts because surely this is the end
QQQ is going up because if it doesn't then my shares wont get called away Jane wants my shares
u/Jimmy_Jellyy has posted 21 comments in the last 30 minutes citing why the market needs to go down now !banbet QQQ ATH 1week
QQQ was down 12% over the last 2 months, u missed ur chance u fucking retard
Yes, very easily just live off dividends. Sell it and buy high yield low fee tickers ran by banks with a 1/5 of the liquidity. SCHB, VYM and JEPI are good ones. Buy SPY, VT and QQQ with 2/5 or 3/5 of the liquidity. TLT, GLD and SLV for hedging with the remaining amount. You’ll cover every market, have global coverage thru VT, have steady income thru high yield bank tickets and have good hedging. Wouldn’t recommend retiring and quitting, definitely continue working. But you’ll be set in a decade.
Guys, my mother in laws property is obliterated so I'm draining the investment account to pay for contractors to fix it. I currently have 5K in QQQ puts. Do I sell at open? Yes or no.
QQQ calls and SPY puts because they're gonna turn America into an official Plutocracy.
We are going to pump. My reasoning is that I am seeing a lot of YouTube videos with the. "QQQ MASSIVE SELL OFF THIS WEEK BEARS IN CONTROL" in the title
My call option #QQQ expires tomorrow. Wish me luck
No… look at them they’re green af. QQQ anyway
OP how do you choose to buy SPY and QQQ calls? Do You just buy 0DTE calls when it dips? And how do you choose the strike price? Just like a certain perentage?
Well any metric can give you a false sense of security, but given that the last 2 quarters, companies in the QQQ have beaten ER projections by an average of 31.4% above consensus, the PEG might actually be too conservative. To me, its just best to assume that the pattern continues until it doesn't. Then get out quickly
I'm not a permabull or bear, but I will give you the bull case. Forward PEG for QQQ is at 1.00 which is close to a 20-year low (historical average is 1.35-1.45). For SPY the PEG is lowest in nearly 30 years
Someone just quoted QQQ P/E to say its not an AI bubble. Okay, man. Thats definitely proof!
It isn't tho. QQQ's PE is \~30, it hit almost 200 in the dot com bubble. Financials actually look healthy in most of these companies. Most\*
**LEAPS can still lose value even when the underlying goes up.** You’re dealing with delta, IV, theta, and the strike not just QQQ’s price. If QQQ went from 705 to above your entry but IV dropped or the option was lower delta than expected, the breakeven
A couple of them did, yah. In the dot com bubble QQQ's PE hit almost 200. We're sitting at like 30 here... and the companies are growing.
Yeah as people have mentioned I feel like overlap isn't that big of a deal, I wouldn't sell ETFs just because of overlap especially if they are going to be charged capital gains on them. Moving forward it would be good to just be more aware of your overlap (which it sounds like you are) and ensure you're investing in a way that diversifies more (if that's what you want). You can use [turtto.com](http://turtto.com) to view overlap among many ETFs and it would also show how much you have in individual holdings. Like VTI/VOO and QQQ are going to have a lot in NVDA, AAPL, etc already. So maybe you're fine with that but might be worth just investing in ETFs instead of individual stocks as you'll be heavily weighted in the super mega cap stocks anyway. [Here using turtto](https://turtto.com/?tickers=VOO%2CQQQ&timeframe=ytd&graphType=adjclose&alloc=50%2C50&allocMode=percent) you can see that at a 50/50 split in VOO/QQQ (not recommending that) you'll have \~8% in NVDA and \~7% in AAPL.
Epstein give us a 5% QQQ week.
Roth IRA, every paycheck put 10-15% of it into VOO, QQQ, SCHD, and VGT… or spread that 15% across all of them. Max out your Roth IRA every year. When that is maxed out, do the same thing but under your normal stock accounts. A total of $10,000 right now into just VOO, should turn into \~$600k in 30 years if you don’t touch it, and much much more if you continuously add to it. Aim for $200/mo into Roth IRA if you’re making under $30k/yr, if you’re making $40k+ then aim for $500+/mo. By the time you hit 50, you should be able to quit your jobs and live off of the interest/dividends when combined with your retirement.
Since I'm doing the math already, given the covid crash period because that was a quick rebound (bear markets usually last a lot longer ofc). From 2020-02-19 to 2020-06-03, QQQ went +0.1%. A costless 3x daily strategy went −24.7%, on volatility drag alone. So it's pretty fucking painful even in short crashes.
from the Nov 2021 high, QQQ fell −33% and reclaimed its high in about two years. TQQQ fell −79% and didn't reclaim its high until January 2025. Some other examples Since TQQQ inception (Mar 2010, 16.5y) - QQQ: +1,630% - TQQQ: + +26,944% From 2000-03-27 (26.4 years) - QQQ: +806% - TQQQ: +365% The daily drag will fuck you up. The daily-rebalanced leverage has a growth drag of roughly L(L−1)/2 × σ², volatility in the period matters. At the 2010s' ~17%, volatility that's ~9%/yr, you don't notice that in a 19%/yr market. At 2000–2002's 40%+ volatility it's ~48%/yr
but it doesn't lol. Look at any triple leveraged fund over the long term - TQQQ vs QQQ. +1200% QQQ over the last 15 years, +36,000% TQQQ. They get larger drawdowns, ye, but they also go up far harder and faster. I'd rather see a +100% then -20%, than a +50% and -10%. The cost of leverage on them is actually very cheap too... people overestimate their costs and friction.
No they didn't, $47 billion. Impressive, but not $100B. They are also spending like drunken sailors. Their path to profitability is questionable with Chinese models threatening to take the lower end of the market. I am not anti-AI. As a software engineer I use it on a regular basis, but there's clearly a bubble. I don't think the correction is imminent, and I don't try to time the market, so I am still long AI for now. Setting a reminder to admit I was wrong in a year if SpaceX is above IPO price by then. I'm also long SpaceX via Invesco QQQ, btw. I'm not rooting for a crash, I'm just paying attention to the math. https://preview.redd.it/7jcyt1k8pdih1.jpeg?width=1792&format=pjpg&auto=webp&s=f6171b2d4c069ce43d3ad1b534c37eb638dd17c2 !remindme 1 year
This is a really big fear for me. I'm 59 and probably too heavy in equities, but bonds barely keep up with inflation. There were all kinds of stories about Enron employees with their entire 401k in Enron stock. I met a guy in a training class who worked for Enron, he had really drank the koolaid. I wonder how he ended up. I used to follow [thestreet.com](http://thestreet.com) heavily back in the .com crash, I remember right when the markets were starting to turn this younger guy (I think a brit) who wrote saying the NASDAQ would drop to 1500 and laid out his case. Cramer called him out, said he was an idiot. That guy was SO right. At the time I had a friend who was really into MACD divergences (higher high not matched by higher high on MACD), I happened to be short QQQ when it went down because of that signal. Sold after about 10% drop because I didn't want to be greedy... should have been greedier.
Yeah def not full-on rotations yet, just some early signal of movement. I've found in backtesting my system that these early lag -> improve movements will provide signals for entry, but you do need to weigh that against everything else here (and actually this is an excerpt from a much longer analysis that helps complete the picture). Then I enter with very tight stop for trades, or use it for entry into stocks I like for long holds. New leadership for me is when a theme crosses into leading on weekly RS vs QQQ (or SPY for factors/sectors), not just a one week bounce. I want the path to show improving to leading, ideally with RS turning up across shorter windows. Inputs: Level = 8 week RS. Theme ETF return minus benchmark return over 8 weeks. Momentum = 3 week RS. Same spread over 3 weeks. Leading means both are above a small threshold (0.15% spread). Outperforming on the longer window and the shorter window is still positive. Not just beating SPY/QQQ on price. Beating on both timeframes at once. So when something flips lagging to improving, 8 week RS can still be deeply negative. That is not leading yet. It becomes leading when the 8 week spread crosses positive and the 3 week spread is also positive at the same weekly close.
My opinion? Don't get your info from reddit or any other forum. Search for every article you can find, search for videos of the CEO, ask Ai..etc. If you're not capable of doing that then you shouldnt be buying individual stocks. Buy ETF's like SPX or QQQ, etc where you're not going to get burned. Especially in small little weenie stocks like you mention.
QQQ: For me as a swing trader that likes to short premium or discount extensions, there is not much to do in current situation. I always need to have a bigger reasonable price target. For example one month ago when we first started to see lower highs and failure for ATH reclaim, I shorted every rip with the target of June lows in mind. Everything played out nicely. Woth last weeks massive reclaim bounce, we are now stuck in the worst place to take a long or short decision. With how they showed confidence in the bull market, I dont want to go short, and since we are not far from ATH I also dont want to long this here. Very tricky spot. Most likely we will be stuck in a range here for a while.
It’s actually early for optics and neoclouds. I disagree that Roundhill is late with these ETFs. However I don’t like the weightings in both ETFs. For LYTE, I don’t want China exposure. Their companies are opaque, their market is very volatile, and their photonics technology is 2+ years behind America. Plus, you have geopolitical risk anytime Trump escalates the trade war with China. With NCLD, Nebius is the best in class. CoreWeave is an absolute debt bomb, and some of the other holdings are extremely risky due to debt and/or loony valuations. It’s not a bad idea to own both as I do expect them to outperform QQQ, but if you do your research you’re probably just buying the leaders directly.
Just need 🥭to lie some more and pump QQQ 3% tomorrow
QQQ ATH in August confirmed 🤗 Then when this guy FOMOs in at the top in September we dip 10% into mid-terms He’ll short again in mid-October and we’ll close the year at ATHs OP, please post before each of your regarded moves, thanks ☺️
I just checked and my god, THERE'S A COCK AND BALLS PATTERN ON QQQ!
OP let me tell you man. Take that money and put it in QQQ or VOO and forget about it. Don't do it. don't yolo it
A legit answer is to join bogleheads and passive investors, and realize most people will never beat the market (I learned this lesson too a year or so ago). Rebalance your portfolio into some market ETFs and passively invest. My current portfolio is like VTI (or VOO) like 60% or 65%, VXUS for international exposure (like 30% or so). And a bit of AVUV for small cap exposure. If you'd rather bet on tech rn, QNDX for the cheapest nasdaq 100 (or QQQM or QQQ, but these have higher cost basis). Then don't touch the money for years. Don't try to chase yield, dividends, or high risk high reward. You can claim up to $3,000 on your taxes for the losses btw. Actively traded funds are pretty bad. Play with the numbers, watch historical stock market videos on risk (Ben Felix maybe). Uhhhhh. Check out bogleheads. They're really risk averse, but they still get pretty good returns. About half that of top 100 nasdaq companies. The reason you get a lower yield is because the top 100 nasdaq companies (QQQ, QQQM, QNDX) are heavily skewed tech and US. Which opens you up to consentration risk. And they're all large caps, which means smaller growth possibilities (and potential dot-com bubble corrections). You'll sleep better at night if you just passively let your investments play out instead of chasing gains. It'll take you a few years to see significant growth. And tbh you are at the point where I definitely could see your portfolio increasing to 100k easily if you just don't gamble and surpass that. At 100k, you are 1/3 the way to 1 million in time. At 300k, you are 1/2 to 1 million in time. iirc "No one wants to get rich slow" - warren buffet or something. Anyway, yeah, I can't guarantee anything. Not financial advice, but I do think it is a better plan than whatever you're doing.
50% of QQQ is like 7 companies including SpaceX… I prefer SP500 + laddered T bills for emergencies
QQQ is all the way back to the previous top. What’s the problem bro?
Rate me a pussy 1-10 I have 30% of my port in QQQ and 70% cash gang
**BanBet Lost** — /u/Mikeo92 (3W - 2L, 60%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **QQQ** ▲ | $717.00 → $730.00 | +1.8% | 3d | Lost |
You shouldn't have to worry about setting it with the trade dont trade super late into the day (past 3pm est) and it shouldn't move that hard before you can set your stop. Some brokers allow you to set stops when placing orders but mine doesn't, so I just do it immediately after. Also sometimes the spreads can be really wide. Let's say youre trading a 10 cent option Since it's such a low price, and the option going to 8 cents would stop you our for example, you may fly right past 8 cents and go into 7 or 6, causing you to lose more then you anticipated off your stop loss. My advice, set stop losses at -20% to -30% on liquid options (SPY, QQQ, NVDA, GOOGL, AAPL ETC) and ensure if you're buying OTM you're only going 1 strike up at thr most. I know the contracts costs more, but you also have less of a risk of getting stopped out lower then you anticipated. Good luck.
I would say dump this thing because your call is obviously useless and you’re hoping for a miracle. You still have $500ish bucks. Start trading 0-DTE SPY or QQQ calls. You can probably swing 2-3 contracts. Good luck
Deposit $6 and put it all on 0dte QQQ calls the second market open.
Really ... You bought options and lost money. Now get an account with a real broker (Schwab Tos, Tasty) any that has a simple look back feature. Say you Sold QQQ 21Aug Puts 660 (17delta) on 7/6 for $7. You would be up $586 on 8/6. You would have had to have 8k in Buying Power, maybe going up to 12k on 7/29, when you would have been down $1200. If this is not for you maybe try Kalshi. [https://app.screencast.com/4BrUrckojjdbG](https://app.screencast.com/4BrUrckojjdbG)
QQQ is up 25% last year, time for a new strategy..
Ok but SPY is at ATH and holding? And QQQ is way above the -20% bear market level
Hold it until the first big new ATH day on QQQ and sell it that day and then buy further OTM
You clearly didn’t see the part where I had 400+ SPY trades and 200+ QQQ trades.
Agree — I just buy QQQ index then try to round-out with a handful of the best financials (JPM, BLK, IVZ) + industrials/energy. That way it sort of simulates a well-rounded portfolio without the “zombie companies” in SP500 indices.
How could you have possibly gone red for a few days if you were buying qqq in 2022? I buy qqq every day in an automated investment. I have done this for 3 years now and the position has never ever turned red. I just DCA $50 a day, every day at open market price. I will do this forever. If you buy qqq every day for 20 years you will not lose money and you will be green forever. If QQQ is too volatile then switch to VOO.
I am in uk so can’t trade SPY options so I trade SPX instead. What alternative can I use for QQQ
What do you look for when it comes to finding the upcoming or start of a breakout? I made a few bucks on QQQ after it had dipped, but couldn't catch it at the dip...just on the way up.
**BanBet Lost** — /u/Wild_Meeting_9650 (1W - 2L, 33%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **QQQ** ▼ | $720.77 → $710.00 | -1.5% | 1d | Lost |
the 94% weight number is the right one to lead with, the ticker count is nearly meaningless in cap weighted funds and people quote it constantly. one thing i would add though. overlap by weight still understates the issue, because what actually matters is how much of your portfolio VARIANCE the two share, and that is higher than 94%. the unique 6% of QQQ is not some independent sleeve, its mostly other large tech that moves with the same factor as the overlapping 94%. so the diversification you get from that 6% is close to zero even though it looks like a real slice on paper. the flip side of your point is more interesting to me. holding both is not pointless, its just not diversification, its a deliberate tech overweight with extra steps. if someone actually wants that tilt they should size it on purpose rather than discovering it. the honest way to state a QQQ plus VOO position is "i am running roughly X% more tech than the market" and most people holding both cannot tell you what X is. if you want to make the post even harder to argue with, run the return correlation of QQQ against a synthetic SPY-plus-tech-tilt portfolio. it will be up near 0.99 and that number lands with people in a way that a holdings table does not.
QQQ is like 30$ away from ATHs? I think when people talk about crashes they mean AT LEAST <600, but more realistically 50%+ down
People keep talking about the market should crash. Where the fuck have you been in the last 2 months lol. SPY may be up but QQQ and SMH is still down. KOSPI will probably go to Zero soon. The market want en excuse to pump and TACO give it to us a few days ago... We should be able to slowly pump from here on out.