$Invesco QQQ(QQQ)$ US futures opened firm and are inching higher, setting up for another record run in June. This is ‘undisputed’ as noted by market watchers. Some investors are cautioning against new short positions ahead of Broadcom's earnings on Wednesday—expected to be another blowout—which could propel QQQ toward the $756-$778 range by later this week, a view shared by many experienced analysts. Overall, this market has further room to gain. We might look at new short entries once we see some signals of ‘consolidation’ on pullbacks, but not yet.
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