Blog Post: Day 57 of $QQQ short term up-trend; Since day 1 on 8/25 QQQ +8.9% but $TQQQ +24.5%, outperforming 85% of NASDAQ100 stocks and 94% of S&P500 stocks. The 15 NASDAQ 100 stocks that beat TQQQ are shown below. Buy the haystack!

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Rather than trying to predict the minority of individual stocks that will beat TQQQ, the needle in the haystack, why not buy the haystack? See Les Masonson’s excellent new book about TQQQ. Find his book listed in this blog page. These 15 stocks did better than TQQQ. MU did best with a gain of 110.36%. Almost one half (7) were semiconductor companies. Did you buy them on Day 1 on 8/25?  Buying TQQQ on Day 1 is easier, but scary. You are buying at the beginning of a new up-trend, which you may not trust. I have replicated this analysis many times over the years with the same results.

 

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1 thought on “Blog Post: Day 57 of $QQQ short term up-trend; Since day 1 on 8/25 QQQ +8.9% but $TQQQ +24.5%, outperforming 85% of NASDAQ100 stocks and 94% of S&P500 stocks. The 15 NASDAQ 100 stocks that beat TQQQ are shown below. Buy the haystack!”

  1. Hi Dr Wish, I’ve asked you this question a few times but haven’t had a response yet. Do you have any performance stats on how buying the TQQQ on the first day of a new ST uptrend (as you define it), and exiting when the uptrend ends (all as per your definition of)?

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