QQQ Word Sense - Wallsti

"HOLD" - highly voted

Dad just bought $45k worth of NVDA and said he's holding it for 5 years 2024-09-13T12:50:01+00:00 68 wallstreetbets

QQQ holds the top 100 companies on the NASDAQ.
However, while the peaks are higher than the S&P500, the dips are deeper, due to less diversification.
The NASDAQ is a more recent stock exchange (created in the 70s, they were the first to go electronic).
All the cool kids like Apple, NVIDIA, Amazon, Costco, etc.
Over a very long period of time, QQQ gives higher returns than an S&P500 ETF like VOO (which holds stocks on both NYSE and NASDAQ).

If you could only own 2 tech stocks for next 5 years, who do you believe in most and why 2024-02-19T16:14:47+00:00 48 stocks

When that stock broker was resistant to buy AAPL, I got, at that time, a newfangled E*trade account, and started buying stuff, including HR Block, Red Hat, Akamaii, and the like.
I don't live off it, and it's there in case my family and I need a new home or something, and probably will use it when it my kids go to college (my step-daughter is wicked smart and will probably need some funds for an ivy league education)
I don't hold more than 20 shares at a time, right now it's 17 and that includes things like QQQ.
When I got out of college in 2000, I was given an investment account with 60k in it that was being maintained for me by a stock broker that my grandfather set up for me before he died.
As for who I am: I don't buy luxury goods for the most part save for apple products (didn't buy a Vision pro yet, waiting for a couple years, I guess) , and I work in a couple jobs that overall pay me about 60k annually.

If the s&p 500 is so safe long term why not buy leveraged shares? 2024-04-17T16:16:50+00:00 41 investing

In a low volatility environment it may be good but who can say that with certainty.
I ran a portfoliovisualizer backtest with a triple leveraged portfolio (UPRO, TQQQ, and TMF or BTAL) and decided to implement it in my HSA since 2019.
It performs very well but only in low volatility regimes- which is essentially post GFC to pre-COVID19.
It's not a set it and forget it strategy.
Kind of fun to play around with but in the end just demonstrates underperformance compared to SPY/QQQ buy and hold due to volatility.

"HOLD" - recently

23M looking to start investing and wondering where to start 2024-12-23T00:17:54+00:00 3 investing

Long term buying and holding could be for decades and no individual stock is fit to be held for decades.
You'll get heavy exposure to all of those stocks you just listed with SPY.
Most of today's leading stocks will be gone in 40 years, which is about when you'd be looking to retire.
For more diversity you can also buy and hold the QQQ and IWM etf's.
Most if not all of the individual stocks you listed won't be worth nearly as much as they are today.

How badly would a 34% QQQ drop affect my $10k TQQQ position? 2024-12-16T23:20:25+00:00 3 stocks

lets say OP has $100 and you put it in something that tracks QQQ with 3x leverage that is rebalanced daily.
Lets say the next day, QQQ bounces back 20%.
"Well thank goodness" OP thinks, "at least I'll have made some of it back!"
OP certainly did make some some of it back.
You can't just hold if you get hit and hope it comes back.

How badly would a 34% QQQ drop affect my $10k TQQQ position? 2024-12-16T21:44:08+00:00 9 stocks

If QQQ dropped 34% in a single day, TQQQ would become completely worthless.
If the drops happen progressively and is not concentrated in 1 single day, TQQQ would probably lose somewhere close to 96% of its value.
If you ever look at the S&P 500 3x leveraged ETFs or TQQQ, and wondered why they don't show stock data before the year 2009, I have some news for you.
When people say you should not hold leveraged ETFs long term, there's a reason for that.
Regardless of the increased gains during times of prosperity, due to how disproportionately leveraged ETFs are hit by negative market downturns, if you own them for multiple decades you will both see returns that are worse than just holding the non-leveraged version, and also overall lose money.

"COMPANY" - highly voted

The Fed forecasts lowering rates by another half point before the year is out 2024-09-19T11:45:25+00:00 122 wallstreetbets

The challenge is you don't know how much higher the market will go until it ploots down like an SOB.
NVDA still has a bit to go and I don't count TSLA because how can you price a car company that makes money from energy credits they sell to other car companies and their CEO is....well....
So as long as I don't play QQQ puts bulls have me to thank lmfao
Imagine investing in stocks merely 2 years ago - NVDA and META most notably (I'm intentionally ignoring MANY huge smaller cap winners).
One thing is for certain - I've been playing QQQ puts almost daily never holding overnight.

The Canary in the Coal Mine: Money Market Funds and Why Equities are Poised to Drop 2024-06-07T20:40:46+00:00 110 wallstreetbets

why would you short QQQ if they are the only companies that are doing well?

How long did it take you to reach your first $100k? 2024-03-02T18:59:13+00:00 89 investing

Best advice is simple but what I was told: increase the amount you save until it hurts, then add another 10% and make lifestyle cuts to keep it like that as long as possible.
I started that way and have brought the number I invest down as a % of my salary due to life events like auto loans and making double student loan payments, but going hard in the beginning has such a crazy payoff a few years later I'm really glad I did.
I started from 0$, no help from anyone.
I think the statistic is something like 1$ invested in your 20s can turn into 40$ in your 60s, or a multiple along those lines.
The amount I saved changed a few times, it took about 4 years though so something like 1500$ a month (I'm counting my 401k company match) that went into SPY and QQQ in my IRA.

"COMPANY" - recently

Pick your 3 with stocks for 2025 2024-12-23T12:17:12+00:00 2 investing

Picking stocks that have already gone parabolic this year?
MELI, NBIS, QQQ (not a stock, but captures the upside of big tech and growth without individual risk)
I think there are plays where the companies are very sold but stock prices haven't gone insane.

/r/Stocks Weekend Discussion Saturday - Dec 21, 2024 2024-12-22T07:46:12+00:00 2 stocks

CVS is trading at a lower P/E than it's 5 year average and the entire healthcare industry (insurers mostly and some pharma companies) have been hit with negative RFK sentiment.
Meanwhile health insurance stocks (ELV, CVS) are trading at lower than 2020 P/E ratios.
For insurers, the market assumed Trump would de-regulate everything, but seems like he prefers pharma companies over PBMs based on recent comments.
Tech and interest rate sensitive stocks have run up a lot, so wonder if this is a good opportunity when sentiment is low.
However, I think we're seeing how even bipartisan supported bills like the PBM bill is not so easy to pass and Trump has a lot of priorities (e.g. crpyto, immigration, tariffs, taxes, deregulation, small things like support for TikTok, etc.).

Rate My Portfolio - r/Stocks Quarterly Thread December 2024 2024-12-20T18:19:30+00:00 7 stocks

I think at first glance, some will say that there is a little redundancy here, such as investing in the MAG 6 companies individually while also investing the majority of my money in VOO and QQQ which both contain the Mag 6 as their largest holdings each.
*The difference between XLF and IAI is that XLF is mostly financial services such as JP Morgan Visa, Mastercard, Bank of America, Wells Fargo etc..., whereas IAI is mostly brokers and securities dealers such as Goldman Sachs, Morgan Stanley, Schwab, S&P Global etc...
This is a fair criticism, although I do this intentionally because I want more of a slant towards these companies so I get higher exposure by also investing in them individually, in addition to the exposure I get from the index funds.
**The 15 companies I like that I invest $15 each into are: Adobe (ADBE), AMD (AMD), Broadcom (AVGO), Chipotle (CMG), Salesforce (CRM), Door Dash (DASH), Netflix (NFLX), ServiceNow (NOW), Palo Alto Networks (PANW), Palantir (PLTR), Shopify (SHOP), Sofi Bank (SOFI), Uber (UBER)
I'm trying to be aggressive in this portfolio which is why I invest in the Mag 6 and the 15 companies I like, while also trying to have some degree of diversification by putting 58.36% of my money in the S&P and Nasdaq, getting small cap exposure, exposure to the financial sector so that I am not exclusively in tech, and including bitcoin which is an entirely different asset class than equities (even though technically this is a stock that tracks the price of bitcoin, it is 100% linked to bitcoin).

"SHARE" - highly voted

why michael burry shorted the s&p 500 in 2023? 2024-04-12T22:16:04+00:00 114 stocks

This means you only pay a fraction of the cost to secure the put option contract.
A put options contract gives the holder the right to sell 100 shares of an underlying asset at the strike price.
That's what's done here, and that's the reason commenters are noting that Burry isn't putting $1.6 billion in the line, but rather buying enough protection for that many shares.
But if I exercise my put contract, I can sell SPY at $500 instead of market price of $450.
The key thing about options contracts is that even though it leverages 100 shares of the underlying, depending on a number of factors, its price movement isn't 1:100.

70k -> 320k on NVDA calls love u Jensen!! 2024-06-05T20:34:01+00:00 84 wallstreetbets

tbh it started as a 40k bet, but i sold all $30k QQQ shares to put some more in on the dips

If a billionaire wanted to invest $1B in an ETF without affecting the price too much, how could they do it? 2024-09-29T18:09:30+00:00 51 investing

As others have posted, if the person wanted this position quickly they would probably just work with authorized participants to create shares for them rather than buying them from the open market

"SHARE" - recently

Dotcom vs 2008, What was the worse crash? 2024-12-19T20:09:49+00:00 6 investing

If you had bought shares of a tech ETF like QQQ, you would have hated yourself if you acquired it in 2000.
So if you were rich and invested a million dollars in 2000, you would have been down to around 100k by the beginning of 2003.
And then it would have taken you around a decade to gain back the money.

21M, trying to how to make a portfolio that isn't as "volatile" 2024-12-15T15:11:08+00:00 7 stocks

I also like JEPI and JEPQ for monthly income and low volatility.
Less upside but more stable and they pay a variable monthly dividend.
Buy some mainstream index fund ETFs like VOO, QQQ, and SMH.
I would advise sticking with big mainstream ones that are well known if you are new.
You can buy fractional shares and put maybe $100 in each.

Everyone's confused why NVDA didn't pump after AVGO earnings. Could the market realize that AVGO is actually a serious threat to NVDA? 2024-12-15T04:26:13+00:00 2 wallstreetbets

Both NVDA and AVGO greatly outpaced SMH the leader of the 3 major indexes.
AVGO/NVDA chart hit it's rsi low oversold pivot back in March 2020 on 3day chart and triple topped late 2022/early 2023 at around a 4/1 ratio 4NVDA shares per 1 NVDA.
But most would say TA doesn't work so I am sure you fundamentallies makes sense of that price action.
So if you want to look at a comparison of the leaders of those you can then look at NVDA/AVGO on TradingView instead of looking at both charts individually as dollar ratio.
This top also had confluence with 3day 200SMA after a 3day death cross confirmation down trend.

"GAIN" - highly voted

When do you take the money? 2024-12-07T14:45:01+00:00 212 stocks

When I'm up big I shave 10-15% every milestone.
Now I have less risk on my first investment and am better balanced for my overall portfolio.
$4500 in brokerage (90 shared left), $500 in cash.
I take the money from the gains ($1800) and reinvest in VOO and QQQ.
I never sell my VOO or QQQ.

1 year ago I decided to buy AMZN calls every time the price went down. Seems to be working. 2024-01-08T23:58:25+00:00 195 wallstreetbets

6 figure gains in AAPL, AMZN, NFLX, NVDA, TSLA, QQQ.

+20,000%, has a nice ring to it? 2024-12-06T15:57:13+00:00 135 wallstreetbets

I was too busy working to pay much attention to investing other than doing my retirement contributions, buying QQQ etc.
When I got around to paying more attention I thought "what if I had invested $1,100 every month for a couple years?"
I could have afforded that even though I wasn't making a lot then.
As of this moment, cost basis is $610,582, market value $2,008,474, gain 229%.
I have sold a few 100k's over the past few years to trim my % in one stock.

"GAIN" - recently

Pick your 3 with stocks for 2025 2024-12-23T20:26:16+00:00 4 investing

Bear market = total loss without a detailed plan.
If recovery is possible, it will take 30-90% (amounts to decades) longer in a sideways market.
LETFs amplify a daily gain or loss and then reset.
They are designed for short term use only, and if you experiment with longer holding them you need to have a very solid investment thesis.
Do not use this product unless you have a thesis and a thorough understanding of what an LETF is and how it works.

Daily Discussion Thread for December 20, 2024 2024-12-20T13:59:24+00:00 8 wallstreetbets

I thought I'd swap out my IVV (considered a safe s&P500 ETF) for something more aggressive, SPMO.
Also did that for mid caps with XMMO.
Then just VONG and QQQ for growth and tech.
Market decided to take a shit so I'm just about wiped out of all my gains from the past 6 months in the Roth IRA.
I don't even care, I can't touch it for decades so I'm just gonna continue throwing money at this dumpster fire.

Dotcom vs 2008, What was the worse crash? 2024-12-19T20:09:49+00:00 6 investing

If you had bought shares of a tech ETF like QQQ, you would have hated yourself if you acquired it in 2000.
So if you were rich and invested a million dollars in 2000, you would have been down to around 100k by the beginning of 2003.
And then it would have taken you around a decade to gain back the money.

"HIGH" - highly voted

Share your Successful strategy's 2024-10-31T21:52:26+00:00 154 Daytrading

Then I sit and wait for price to breakthrough either the high or the low of the first 5min candle.
It is a great strategy, works really well and provides setups everyday.
After a strong breakthrough I wait for price to come back and re-test the breakout level.
I trade the Mag 7 + AMD, SPY, QQQ.
I look for strong buyers/sellers shown by big wicks or engulfing candles and enter.

This a good portfolio? 28k cash 21k margin 2024-02-10T19:25:07+00:00 139 StockMarket

Meanwhile TQQQ wouldve gone down 30% and back up 33%.
This would leave TQQQ still down 7% overall.
Its called "volatility decay" and means that you lose a chunck of your returns if the market doesnt move strongly enough in your direction, or takes a very high volatility to do so.

RIP to whoever put everything in $SMCI 2024-02-16T16:06:48+00:00 41 wallstreetbets

Wouldn't say it's a rug pull
It's huge but it's been running up almost 10% each day.
The thing about SMCI is IV is so high that there's going to be huge dips and drops.
QQQ dropped 1% but SMCI dropped a magnitude of 10.
That's the price of high IV stock.

"HIGH" - recently

Question about TQQQ for long term 2024-12-23T13:21:52+00:00 2 investing

The intuition on a leveraged ETF is that it has a magical price from which all movement gets compressed around, but that only baits people in.
Suppose for example our hypothetical underlying, $FOO, is $100, and our triple-leveraged etf, $TFOO, is also $100.
In a raging bull market like we've had this year, the green days can be so consistent that you make bank on the leverage.
This is an extreme example of some pretty high movement, though you could see this kind of scale in realtime with stuff like leveraged MSTR or BTC ETFs this year.
But look at the 5 year charts and you'll see the effect that this bleeding has had even right after a parabolic run up.

I keep looking at the market and thinking "It's too hot" 2024-12-20T03:54:13+00:00 3 investing

We've had a huge run of around 30% on SPY, QQQ and the major indexes and it seems the market is ripe for a pullback.
My book covers the market in general\* as well as different sectors and industries\*\* and finally stocks\*\*\* in terms of how to go about navigating expectations around the macro environent such as inflation and growth, which sectors benefit in different macro environments such as rising and falling inflation, and how to go about analyzing either the market generally, sectors, and individual stocks around that context.
Over time\*\*\* the market goes up no matter what because it is an equity market, meaning as long as the world is generating productivity out of resources from the world, and the government is making tax dollars from individuals and businesses, the market will naturally go up because of more investment in companies that are profitabe or expected to become profitable.
That's not always the case because during high volatility periods, the market can base around or even fall to below the 50-day EMA and technically still be sideways or in an uptrend.
If you're more bullish, you might wait for the general indexes like SPY, QQQ, VOO to fall to the 50-day EMA, or if you're more cautious, you can wait and see if there's a pullback as far as the 100-day EMA where professionals in (B) start to get interested.

Rate My Portfolio - r/Stocks Quarterly Thread December 2024 2024-12-19T19:33:09+00:00 2 stocks

if the point is just to play then i dont have recommendations but if its money you're willing to take some risk with and aim for higher risk/reward then i would invest in high Beta stocks, you have a few there already(MSFT, ishares semiconductor ETF for example) but i don't know what pfizer and target are doing there.
If you want to gamble buy a leveraged ETF TQQQ or UPRO(not now at all time highs, wait till Feb when the stock market pulls back a bit then DCA in.
don't panic sell when it "crashes" because it's super volatile and it does that on occasion, just sit tight, these etf's grow in multiples in a bull market.
You have a very defensive approach which isn't necessarily bad considering you're a single mom.
IMO your retirement account should be lots more stocks, VOO/SPY is a great way to go.