QQQ
Moving with the market
- QQQ +0.31% on the last session vs SPY +0.18%: +0.1 pts of stock-specific move.
- 134 Reddit mentions in the past 24 hours, 77% positive over the week · today's pace is 2.3× its recent daily average.
- Market backdrop (Wed): Core PCE Price Index m/m 0.2% vs 0.3% expected (cooler); Final GDP q/q 2.2% vs 1.5% expected (stronger); S&P futures +0.18%, 10-year yield +0bp in the 30 minutes after.
What Reddit is saying
QQQ has returned \~20% annually for past 15 years..Vast majority of pros have not been able to beat that performs including buffet, bill ackman, etc..Trying to time the market is already a bad idea and betting against qqq makes it even worse..Only regards like Burry is allowed to bet against QQQ because you know he was right once 2 decades ago..He probably underperformed QQQ the last 15 years also but "AI bubble" right?im looking at how badly im down on some of the stocks I own and flabbergasted how SPY and QQQ are at ATHS.There's a valid argument to drop the Nasdaq specifically because of the abusive rule changes they introduced for SpaceX, which Anthropic will also utilise (and OpenAI if they do IPO)..Any company big enough to be in their top 40 by IPO valuation can skip any seasoning period, and force passive investors to buy within 15 days, long before insiders can sell..Funds like QQQ then push prices up chasing a shrunken pool of shares..Anyone holding Nasdaq funds is now likely to pay an hidden IPO tax
Top comments, summarized
- Can someone who understands options better than me explain why there's such an insane pricing difference in Dec 31 QQQ calls and puts?
- Calls are orders of magnitude more expensive than puts.
- For example, a 700p costs far less than even a much lower delta/further otm call such as a 780c.
- Vast majority of pros have not been able to beat that performs including buffet, bill ackman, etc.
- Trying to time the market is already a bad idea and betting against qqq makes it even worse.
- Only regards like Burry is allowed to bet against QQQ because you know he was right once 2 decades ago.
- He probably underperformed QQQ the last 15 years also but "AI bubble" right?
- I like RKLB as a company, they're genuinely one of the best in the business, but as a stock I'm struggling to understand it's proper valuation.
- If I were you, I'd put some cash in a low cost etf like VOO or QQQ and just let it slowly gain value while you enjoy dividend payments too.
- Thanks, I'm starting to trade 0DTE QQQ options but I dedicated less than 1% of my long term investment bag to that.
- I'm wondering if I can keep it up or if I'm going to blow it all away.
- If I blow it up, then no harm done and I can be sure that trading options is not for me.
- Gotta make brekkie & prepare a morale boosting presentation in the wake of forced headcount reduction
- If trading ETFs like SPY or QQQ isn't working for you, consider focusing on individual companies where you actually have a thesis.
- Maybe there's an upcoming earnings report, product launch, or other catalyst that could move the stock.
- The point is to have a clear reason for entering the trade instead of just guessing which direction the overall market will go.
- Betting on the entire market through SPY, QQQ, etc.
- Making $0 that day is a hell of a lot better than blowing up your account because you felt like you had to be in something.
- im looking at how badly im down on some of the stocks I own and flabbergasted how SPY and QQQ are at ATHS.
- The number of sellers and buyers always match up.
- Which means by me trading 1 share, I've managed to make every share of QQQ out there worth $1000 each.
- Which might be billions of dollars of market cap increase.
- Of course it will stay that price for only a moment, until the next trade happens.
- 80% of everything I make anywhere dunk into QQQ.
- Don't panic in the slightest when it dips, even if over a year, keep buying more, it historically always returns.
- There's a valid argument to drop the Nasdaq specifically because of the abusive rule changes they introduced for SpaceX, which Anthropic will also utilise (and OpenAI if they do IPO).
- Any company big enough to be in their top 40 by IPO valuation can skip any seasoning period, and force passive investors to buy within 15 days, long before insiders can sell.
- Funds like QQQ then push prices up chasing a shrunken pool of shares.
- Anyone holding Nasdaq funds is now likely to pay an hidden IPO tax to private equity.
- It won't be massive (unless one of these companies crashes) but it may well be comparable to ETF fees.
- They are INSANELY profitable companies.
- They could wether interest rate hikes without issue...
- A 1% interest rate hike (so even more tahn you suggested) would result in a staggering.... $5b in extra interest.
- So they would lose, collectively, less than 2 days worth of profits.
- Invest in indices and chill.
- Of course if you pick the single AI moonshot with a PE of 300... you'll probably get burnt.
Day by day
| Date | Close | Change | R500 | Mentions | Positive | Upvotes | Voted sentiment |
|---|---|---|---|---|---|---|---|
| Thu Oct 01 | 742.03 | +0.31% | #244 | 123 | 96 | 157 | 15.5 |
| Wed Sep 30 | 739.77 | +0.25% | #98 | 100 | 77 | 118 | 11.7 |
| Tue Sep 29 | 737.93 | +0.19% | #156 | 45 | 33 | 142 | 50.4 |
| Mon Sep 28 | 736.53 | -1.07% | #351 | 60 | 49 | 56 | 3.8 |
| Sun Sep 27 | 19 | 15 | 21 | 4.5 | |||
| Sat Sep 26 | 16 | 13 | 25 | 5.0 | |||
| Fri Sep 25 | 744.50 | +0.46% | #236 | 67 | 48 | 92 | 1.6 |
| Thu Sep 24 | 741.10 | -0.01% | #181 | 69 | 45 | 178 | 53.9 |
| Wed Sep 23 | 741.21 | -0.84% | #283 | 95 | 72 | 116 | -4.0 |
| Tue Sep 22 | 747.46 | +0.81% | #159 | 131 | 106 | 88 | -39.7 |
| Mon Sep 21 | 741.47 | +2.88% | #44 | 14 | 13 | 16 | 2.7 |
| Sun Sep 20 | 3 | 3 | 3 | 0.6 | |||
| Sat Sep 19 | 4 | 4 | 4 | 1.8 | |||
| Fri Sep 18 | 720.70 | +0.63% | #92 | 25 | 14 | 705 | -498.1 |
| Thu Sep 17 | 716.17 | +1.73% | #91 | 10 | 7 | 11 | 3.0 |
| Wed Sep 16 | 703.99 | +0.03% | #161 | 48 | 35 | 72 | -1.7 |
| Tue Sep 15 | 703.81 | -0.65% | #273 | 13 | 11 | 21 | 1.2 |
| Mon Sep 14 | 708.44 | -0.80% | #355 | 12 | 10 | 17 | 1.1 |
| Sun Sep 13 | 15 | 13 | 21 | -0.5 | |||
| Sat Sep 12 | 2 | 2 | 3 | 2.1 | |||
| Fri Sep 11 | 714.14 | +0.87% | #194 | 7 | 7 | 7 | 1.5 |
| Thu Sep 10 | 707.95 | -1.06% | #322 | 15 | 14 | 17 | 3.0 |
| Wed Sep 09 | 715.56 | -0.29% | #139 | 2 | 1 | 2 | -0.1 |
| Tue Sep 08 | 717.61 | -0.08% | #156 | 31 | 24 | 45 | 11.7 |
| Mon Sep 07 | 3 | 2 | 6 | 2.8 | |||
| Sun Sep 06 | 5 | 3 | 3 | 1.1 | |||
| Sat Sep 05 | 5 | 5 | 6 | 4.0 | |||
| Fri Sep 04 | 718.21 | +0.18% | #149 | 9 | 6 | 11 | -0.4 |
| Thu Sep 03 | 716.92 | +1.19% | #169 | 9 | 8 | 9 | 1.9 |
| Wed Sep 02 | 708.50 | +0.23% | #264 | 9 | 9 | 9 | 2.4 |