maybe I am not too smart.... can someone explain how the NASDAQ is up 1% when all indexes are down, how did the NASDAQ make such a big turnaround??
Most indexes are up except, for the DJIA. We have to be nimble in these types of markets. Exited my SQQQ calls because it was going back down.
%% I WAS not exspecting that that also + almost bought QQQ or TQQQ\ but did not\looked to weak on 4 hour charts.MY order on ROM never did get hit, but thats life. But did get some tech cash ETFS, last hour/................FEB/ SEPT is weakest month for TECH/ but QQQ+ related has done so badly past 52 weeks/good value. FB looks like short covering\ most likely goes down much more this year??
You did not analyze correctly. US - NQ RTY ES YM and also European - DAX stoxx50..... and also Asian - NK, India Nifty ...... all exhibited a similar pattern. They went down substantially on the 24 Feb Asian session when the bombing started. Then went up quite substantially on 24 Feb US session.
%% AMEN/ but for example /TQQQ can easy go up more than 3x QQQ even though it can go the other way\LOL . Good uptrend on TQQQ/QLD/QQQ+ related .........................................................Happens all the time/long term QQQ tends to beat SPY. BUT last 52 weeks SPY has done better but sometimes its close. Year To Date\SPY benchmark is beating QQQ. And even when its a larger difference /can VARY widely, day to day/week to week...........................................................................
Its not just because of higher beta, there is also the fact that the 10 year bond rose a little (lower rates equals less valuation pressure for the infinite P/E stocks). I think the invasion also might signal that the Fed will do less tightening.