$Invesco QQQ Trust(QQQ)$
It took Fed almost 2.5 years from 2004 to 2006 to raise that amount of interest, but now Fed did it in 1 year. Damage to QQQ companies will not be spared. Together with the new IRA tax, earnings will not look good next year for these corporates. Very bearish trend.
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.
- KittyBruno·2022-09-23When the Fed pivots next year, the leveraged 3X QQQ is a fund I will look at. Generational buying opportunity, going into new Bull market. That's a long way off, but thinking ahead.LikeReport
- LeilaLynch·2022-09-23Imagine believing stocks will go up when the FED has Trillions to Sell off and Has stated multiple times they will continue to aggressively raise interest rates to fight inflationLikeReport
- CrystalRose·2022-09-23we can all agree on this. This nightmare continues but won’t be to much longer.LikeReport
- ngmkc·2022-09-22yesLikeReport
- JXin·2022-09-22[OK]LikeReport
- Thomas1027·2022-09-22[Smile]LikeReport
- BenYSLim·2022-09-22OkLikeReport
- rockets·2022-09-22okLikeReport
- Gunawanh·2022-09-22okLikeReport
- TKe·2022-09-22OkLikeReport