Comments on: QQQ Whipsaw With SPY & NVDA Backtesting 12-11-24 https://rightsideofthechart.com/qqq-whipsaw-with-spy-nvda-backtesting-12-11-24/ Stock Trading, Investing & Market Analysis Thu, 12 Dec 2024 15:38:22 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: KevinK https://rightsideofthechart.com/qqq-whipsaw-with-spy-nvda-backtesting-12-11-24/#comment-34294 Thu, 12 Dec 2024 15:38:22 +0000 https://rightsideofthechart.com/?p=215947#comment-34294 Nothing fundamentally out there to stop this market from going higher. Trillion dollar companies will be double digit trillion dollar companies in the not too distant future.
Stocks get more overvalued and markets go up longer and higher than anyone thinks they can.
When you think it can’t go any higher, it does….like now. Be careful shorting.

]]> By: reloaded https://rightsideofthechart.com/qqq-whipsaw-with-spy-nvda-backtesting-12-11-24/#comment-34291 Thu, 12 Dec 2024 02:10:50 +0000 https://rightsideofthechart.com/?p=215947#comment-34291 In reply to KevinK.

Tesla up, Apple up, Google up, Amazon up, Meta up, Microsoft up, Netflix up, Nvda flat.

Alright everyone. This is it, this is the big one we’ve been waiting for. Let’s pile into shorts. I mean the market is up 102% since the last one, but this is for sure the one.

]]> By: Imadaytr8r https://rightsideofthechart.com/qqq-whipsaw-with-spy-nvda-backtesting-12-11-24/#comment-34286 Wed, 11 Dec 2024 19:44:31 +0000 https://rightsideofthechart.com/?p=215947#comment-34286 This morning’s CPI report doesn’t deserve near the market move we’ve had … food inflation came in at 5% increase! Long interest rates say bad report! Mortgage rates will not be going down anytime soon! Next week’s cut maybe the last until next December! Seriously, keep buying into this crazy overbought market at your own peril!

]]> By: KevinK https://rightsideofthechart.com/qqq-whipsaw-with-spy-nvda-backtesting-12-11-24/#comment-34284 Wed, 11 Dec 2024 17:24:11 +0000 https://rightsideofthechart.com/?p=215947#comment-34284 Tesla up 70% since the election.
In the last month…..
Apple up 12.5%
Google up 17.5%
Amazon up 16.5%
Meta up 14.5%
Microsoft up 10%
Netflix up 24%
Since the election …Nvidia flat.

]]> By: Mikeflegel https://rightsideofthechart.com/qqq-whipsaw-with-spy-nvda-backtesting-12-11-24/#comment-34283 Wed, 11 Dec 2024 17:15:54 +0000 https://rightsideofthechart.com/?p=215947#comment-34283 In reply to Alan.

As a community why don’t we offer ideas like yours to each other as they happen. I will do the same. Nice thinking.

]]> By: KevinK https://rightsideofthechart.com/qqq-whipsaw-with-spy-nvda-backtesting-12-11-24/#comment-34282 Wed, 11 Dec 2024 17:03:08 +0000 https://rightsideofthechart.com/?p=215947#comment-34282 NASDAQ 20000 !!!
YEAH !!!

]]> By: Mikeflegel https://rightsideofthechart.com/qqq-whipsaw-with-spy-nvda-backtesting-12-11-24/#comment-34281 Wed, 11 Dec 2024 16:57:56 +0000 https://rightsideofthechart.com/?p=215947#comment-34281 In reply to Alan.

True

]]> By: AP https://rightsideofthechart.com/qqq-whipsaw-with-spy-nvda-backtesting-12-11-24/#comment-34280 Wed, 11 Dec 2024 16:27:58 +0000 https://rightsideofthechart.com/?p=215947#comment-34280 Can you regard NatGas moves. And thanks for the previous analysis, worked perfectly.

]]> By: Alan https://rightsideofthechart.com/qqq-whipsaw-with-spy-nvda-backtesting-12-11-24/#comment-34279 Wed, 11 Dec 2024 16:25:40 +0000 https://rightsideofthechart.com/?p=215947#comment-34279 In reply to stockninja.

I purposefully didn’t take a trade given the CPI report this morning. Randy usually mentions stuff like this but didn’t yesterday. Regardless, crazy to short with the seasonality and momentum this month.

]]> By: stockninja https://rightsideofthechart.com/qqq-whipsaw-with-spy-nvda-backtesting-12-11-24/#comment-34278 Wed, 11 Dec 2024 15:17:15 +0000 https://rightsideofthechart.com/?p=215947#comment-34278 In reply to Mikeflegel.

Because its happening as we speak

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