QQQQ short term up-trend reaches 15th day; leveraged ETF’s outperform most stocks again

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Since the first day I identified the QQQ short term up-trend on June 29, the QQQ has advanced 4.1%.   During the same period, QLD has advanced +7.9%, TYH +13.5%, and TQQQ +12%.   In comparison, just 5% of the Nasdaq 100 stocks rose more than 12% and only 2.4% of the S&P500 stocks did so.   Yet again, I learn that by simply buying these leveraged ETF’s and riding the up-trend I would have done much better than trying to pick individual stocks.

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2 thoughts on “QQQQ short term up-trend reaches 15th day; leveraged ETF’s outperform most stocks again

  1. Back on 6/30 you said you like to wait five days to verify a trend is legit. TQQQ rose 11% in those five days, the majority of the 12% gain you reference. Even with a long term moving avg (200 day) it would have created a whipsaw.

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