nomadic_m
04-27 02:55

$ProShares UltraPro Short QQQ(SQQQ)$ put filled at $70 but market price is $50+. Long way to go but what goes up must come down. The opposite is true as well


Tech Stocks Slide: How Will Powell & FOMC Play Out?
The Nasdaq 100 ETF QQQ fell 1.01% today, with the tech sector pressured by both OpenAI's missed growth targets and a pullback in semiconductor valuations. The Fed will announce its rate decision tomorrow in what may be Powell's final press conference, with markets focused on forward guidance language amid simultaneous inflation and supply-shock pressures. Limited rate-cut room under supply-side inflation continues to weigh on growth stock valuations. If Powell delivers a dovish signal, can tech stocks stage a meaningful recovery?
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