21st day of $QQQ short term up-trend; End of quarter Window Dressing time; $TQQQ prevails again

GMI5/6
GMI-27/8
T210849%

With the end of the 2nd quarter, mutual funds are dressing up their quarterly reports by buying the strongest stocks. Hence the rally we have seen in the tech stocks as evidenced by QQQ. Since the beginning of the QQQ short term up-trend on 5/26, QQQ has advanced +4.7% while TQQQ has advanced +14.7%. I like to ride TQQQ. Only nine Nasdaq100 stocks have advanced more than TQQQ.

 

 

1 thought on “21st day of $QQQ short term up-trend; End of quarter Window Dressing time; $TQQQ prevails again”

  1. Hello Dr Wish, are you willing to share historical results of buying/shorting TQQQ on GMI signals including drawdowns? Thank you

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: