Comments on: QQQ Max. Bounce Target Hit 2-2-24 https://rightsideofthechart.com/qqq-max-bounce-target-hit-2-2-24/ Stock Trading, Investing & Market Analysis Wed, 28 Feb 2024 16:25:54 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Mikeflegel https://rightsideofthechart.com/qqq-max-bounce-target-hit-2-2-24/#comment-30589 Fri, 02 Feb 2024 17:17:07 +0000 https://rightsideofthechart.com/?p=213293#comment-30589 As a contrary indicator too many people here are In the up she goes category

]]> By: Mikeflegel https://rightsideofthechart.com/qqq-max-bounce-target-hit-2-2-24/#comment-30586 Fri, 02 Feb 2024 16:52:21 +0000 https://rightsideofthechart.com/?p=213293#comment-30586 If this is a turning point we sure could use a update Thanks randy. It looks a lot like a blow off top

]]> By: hotrodricky https://rightsideofthechart.com/qqq-max-bounce-target-hit-2-2-24/#comment-30585 Fri, 02 Feb 2024 16:51:36 +0000 https://rightsideofthechart.com/?p=213293#comment-30585 I can’t imagine how high the market will go when the dollar and TLT goes up?

]]> By: B-Right https://rightsideofthechart.com/qqq-max-bounce-target-hit-2-2-24/#comment-30583 Fri, 02 Feb 2024 16:49:28 +0000 https://rightsideofthechart.com/?p=213293#comment-30583 As much as I agree with your analysis, I would have to believe that since Nasdaq is very close to ATH’s it will go on to make new ATHs and a bigger neg div. If ‘They’ want to trap a lot of people what better could it be to suck in more people into the market with ATHs and then pull the rug. Just my 2c.

]]> By: KevinK https://rightsideofthechart.com/qqq-max-bounce-target-hit-2-2-24/#comment-30582 Fri, 02 Feb 2024 16:44:10 +0000 https://rightsideofthechart.com/?p=213293#comment-30582 In reply to KevinK.

Correction….That’s $120 billion in 2 hours.

]]> By: Alan https://rightsideofthechart.com/qqq-max-bounce-target-hit-2-2-24/#comment-30580 Fri, 02 Feb 2024 16:22:34 +0000 https://rightsideofthechart.com/?p=213293#comment-30580 Once again, Randy’s bearish bias has caused me to not to stay long especially in META, AMZN, and MSFT. Randy you are permabear, you need to admit it!

]]> By: KevinK https://rightsideofthechart.com/qqq-max-bounce-target-hit-2-2-24/#comment-30579 Fri, 02 Feb 2024 16:17:31 +0000 https://rightsideofthechart.com/?p=213293#comment-30579 Apple was down almost 4% to start the day.
Went straight up all morning.
Now positive on the day. Came up to join the party.
What’s that…$40 billion in 2 hours ?

]]> By: Imadaytr8r https://rightsideofthechart.com/qqq-max-bounce-target-hit-2-2-24/#comment-30577 Fri, 02 Feb 2024 16:02:12 +0000 https://rightsideofthechart.com/?p=213293#comment-30577 META is up almost 22% so far today (8:00 am PST) … WTH! Do P/E ratios even matter anymore? Either that or the Sheiks of Saudi Arabia are trading their oil fortunes for META!

]]> By: trade0039 https://rightsideofthechart.com/qqq-max-bounce-target-hit-2-2-24/#comment-30572 Fri, 02 Feb 2024 15:46:12 +0000 https://rightsideofthechart.com/?p=213293#comment-30572 Randy your short setup on META has rallied 100% since your last short call, NVDA has rallied 65% and AMD rallied 41%. What’s your thought process in these stocks now?

]]> By: KevinK https://rightsideofthechart.com/qqq-max-bounce-target-hit-2-2-24/#comment-30571 Fri, 02 Feb 2024 15:30:11 +0000 https://rightsideofthechart.com/?p=213293#comment-30571 Employment jobs numbers blowout this morning.
Interest rates jumped up. The 10 year is back over 4%.
But the mag 7 just keep on rolling.
The experts highest prediction for the S&P is 5200 for this year.
The S&P is up 17% in the last 3 months.
I wonder if it can go up 6% in the next 11 months ?

]]>