What is the impact/significance of the QQQ etf ? I know brehs like @chineebai talk about it but I don't understand what it measures exactly.
Boiler Room: The Official Stock Market Discussion
ahomeplateslugger
Superstar
It represents the NASDAQ/tech sector. if QQQ goes down then tech goes down and inverse of that.
seems like it.. and money coming in on the dip probably stabilized things to a degree.
I just wanted 30 minutes to go shopping
Saysumthinfunnymike
VOTE!!!
ten year up because the covid deal is done and jobless claims lower. Basically people are still worried about the economy doing "too well" too fast.. retarded but that's how lending goes..
So next week could be bloody again depending on what Powell says or does on the 17th.
it's dumb but don't be surprised to see all your gains melt down for a few days ahead of a decision on rates. Actually i wouldn't be surprised to see a sell off into Monday.
So next week could be bloody again depending on what Powell says or does on the 17th.
it's dumb but don't be surprised to see all your gains melt down for a few days ahead of a decision on rates. Actually i wouldn't be surprised to see a sell off into Monday.
dora_da_destroyer
Master Baker
I’m ready either way. Found clear winners in my portfolio
those $6-7 shares of BNGO and $36-40 shares of MGNI paid off
those $6-7 shares of BNGO and $36-40 shares of MGNI paid off
the cac mamba
Veteran
good. gonna sink the rest of my money in over the next week
It's starting to feel like whenever a legacy media company goes the streaming route, their value jumps. This also happened with Discovery Channel.
I believe it was in the 20s and 30s before they rolled that service out this year, now it's over $70. I should have bought some, because honestly, outside of sports, HGTV is the only channel that I just randomly have on in the background with my wife.
She even said, "we should get some stock in that" after they were spamming the ads for it on their channels
That’s really depressing
Saysumthinfunnymike
VOTE!!!
it would probably be short term. if you have good companies they are gonna be fine. You see what bounces when shyt gets sorted out. it's the Tesla.. SQ.. ark funds.. Nio.. PLTR.. etc.
dkng didn't fall off at all through all this
Slim
Superstar
To add on, it's basically the top ~100 Nasdaq companies. This is the full list Nasdaq 100 Index Component Weights - Nasdaq 100 Companies
There is also the QQQJ which is "the next 100" or basically the 100-200 companies on Nasdaq.
levitate
I love you, you know.
Any possibility of dogecoin going up?
Or am I pouring jelly on myself for even putting play money in it???
Or am I pouring jelly on myself for even putting play money in it???
Saysumthinfunnymike
VOTE!!!
another thing to consider. We cannot outsmart the market. We can guess but it's always two steps ahead and sometimes will do the opposite of what you thought.
You can easier predict the long term of a company..
So you may lose gains but be prepared by having cash ready to go in your account on sales and dips.
You can easier predict the long term of a company..
So you may lose gains but be prepared by having cash ready to go in your account on sales and dips.
SONN trying