You might have a free account. But for us who pay, paying for expertise that is 80% wrong does deserve a bit of criticism.

Thanks. That’s what Im in the MM stable value fund. Wasn’t sure if there was something to be in during a stock freefall.

Depends on the offering. Most 401k, unfortunately, only offer 3 asset class options with various sub-options within: STOCKS (US, International, Small, Mid & Large cap, etc..); BONDS (corp, US gov’t, etc..); & CASH (money market/stable fund).

That’s the case with my wife’s 401k (thru Schwab) but if they gave an options for commodities, that’s probably where I’d park some of the $$ with the remainder in the stable value (cash/MMF) portion as the R/R for bonds, especially corp (more so than Treasuries) isn’t great right now.

I think the odds favor at least a little reaction (i.e.- bounce or sideways consolidation) here at the bottom of the trading range/433ish support on QQQ before it goes but as I had stated in recent videos when we in the upper-half of the range, I suspect this will be the last visit to the bottom of the range with a breakdown & move down to my longer-term swing targets coming next week, possibly the end of today.

Of course, support is support until & unless broken so we need to see a solid break & even better to see a solid daily close below 433 before going aggressively short.

Regarding IEF and the potential for a rally, it was more so highlighting the potential for a rally due to the 60m positive divergences on IEF & TLT & the fact that if IEF can solidly get back into the yellow zone, that should be net bullish for the stock market unless it was due to institutional buying as a flight-to-safety bid (i.e.- selling high-beta growth stocks in anticipation of a drop & moving the $$ into safe-haven Treasuries).

Therefore, a long on IEF or TLT might work as an indirect hedge to a swing short position on QQQ and/or IWM.