🥳🥳🥳Why We Can Be 🐂-ish For QQQ❣️

LMSunshine
2023-03-31

QQQ is an ETF that aims to track the NASDAQ. QQQ hit a low of $$254.26 in Oct 2022 but its closing price on 29/3 was $315.68, that is an increase of 24.2% & that pushes QQQ into the 🐂 market territory.

We know that whenever the Fed increase interest rates, QQQ's share price would drop. However, some experts say that the current signs:

⭐️ No additional bank failures,

⭐️ A weak housing market,

⭐️ Fears of recession give the Feds reason to pause or even stop rate hikes altogether now,

⭐️ The recent once-in-a-lifetime technological Generative AI🤖 advances has also give the tech industry the base to innovate new products which explains the 🐂-ish sentiment among investors🥳🥳🥳

Bank of America analysts stated that our popular META♾ AAPL🍎AMZN📦 GOOGL💻 have collectively missed earnings estimates by 8% in Q4 2022, so it’s difficult to choose which tech stock will race ahead🚵‍♀️🚵‍♂️ in the 🤖 competition. Instead of closely monitoring the progress of these & other 🤖-related stocks individually, investment in the QQQ ETF might be an easier decision that may be profitable in the short, medium & long term. By investing in QQQ, we’ll invest in 101 stocks across the tech industry. QQQ has outperformed SPY & VOO during the recent 🐻 market. By buying QQQ, we’ll gain exposure to the 🐂-ish tech & chip stocks MSFT, META, AAPL as well as other chip stocks like NVDA, AMD, QCOM, AVGO, TXN, INTC, that are in also SOXL $NVIDIA Corp(NVDA)$ Bullish$Meta Platforms, Inc.(META)$ Bullish$Microsoft(MSFT)$ Bullish$Apple(AAPL)$ Bullish$Semiconductor Bull 3X Shares(SOXL)$ Bullish

The top 25 holdings of QQQ as of 29/3 are as follows:

⭐️ QQQ has a Moderate Buy consensus rating. Among a total of 1,724 analysts who have given ratings for the 101 holdings of QQQ combined, 65.72% have given a Buy rating, 29.76% have given a Hold rating, & 4.52% have given QQQ a Sell rating.

⭐️ Based on 1,759 Wall Street analysts offering 12 month price🎯, the average price🎯 is $352.38 with a high🎯 of $451.40 & a low🎯 of $264.39. If we buy now at the last closing price of $315.68, we potentially have an upside of about 12%🤗🤗🤗

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As usual-🤔💭 Consider POV & Actions of Investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰

@TigerStars @CaptainTiger @MillionaireTiger 

Modified in.2023-04-01
Mar. P/L: QQQ Enters Technical Bull Market?
$Invesco QQQ Trust(QQQ)$ has climbed more than 20% since its October 2022 low, breaking a bear market that began in February 2022. ----------- How do you view $NASDAQ 100(NDX)$ enters technical bull market? Will the bull market last? What’s your P/L in March? What's your plan for April?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • BillyWilliams
    2023-03-31
    BillyWilliams
    Thank you for sharing. What is your targer price for QQQ? And at price you will buy again if it pulls back?
    • LMSunshine
      I don’t set a specific target price to buy. Rather I see how the overall market sentiment is, how the stock is doing then enter if I feel the stock isnt overpriced😉
  • LMSunshine
    2023-04-10
    LMSunshine
    Hey DD friends, it seems that some of us have difficulty completing the warm-up tasks for the 20coins on weekends? Do you have the same issue? If yes, would you be interested if we came together during an agreed time during weekends to post and tag each other in our posts and we can all get the 20coins? Let me know if you’re keen and we can discuss what is the best posting time for all of us😃 @HelenJanet @Universe宇宙 @Jadenkho @rL @BenjiFuji @GoodLife99 @SPOT_ON @pekss @StickyRice @Mrzorro @SirBahamut @StarLuck @Kaixiang @Zeniv @b1uesky @Shyon @Zarkness @MHh @Brocco @Cris0 @kungpao
    • Universe宇宙
      [ShakeHands] [Like]
    • BenjiFuji
      Steady! Keen to join
    • Shyon
      Yes please, weekend super hard to complete. Really depends on luck, sometimes it wants to pop out sometimes it doesn't.
    • b1uesky
      most of the weekend I can't complete these two tasks. I open n visit the app quite often but still can't complete the last two tasks
    • SPOT_ON
      yes... 3 days never complete already
  • AdamDavis
    2023-03-31
    AdamDavis
    QQQ is very strong at the moment. Buy more when pullback.
  • hh488
    2023-04-02
    hh488
    Thanks again for your daily input. Kudos for the great effort!
    • LMSunshine
      Welcome, happy to share and accumulate wealth together😉 By the way, do you collect 🐯 coins? Would you like me to @you to inform you when there’s coin winning activities?
  • Asphen
    2023-04-02
    Asphen
    12 month focus. wow!
  • icycrystal
    2023-04-01
    icycrystal
    thanks for sharing
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