MoonMoon
2022-10-05

$Invesco QQQ Trust(QQQ)$Last 2 trading session could be a bear trap, and the stock price trend can reverse very quickly. Inflation remained very stubborn and Fed would do everything to bring it down. 

USA has a 30 trillion debt. In my humble opinion, I don't think USA can refinance and maintain its debt at a 4%+ consistently. That's why Fed has to bite the bullet and do drastic measures in order to bring down the inflation quickly, so that it can lower the rate earlier too. Racing against time. QQQ will not recover quickly within the next few months.

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