News / QQQTrades.Club
Not Even With A 10ft Poll
Not Even With A 10ft Poll
October 4, 2023
Voodoo in the air
Nope! Nothing looks attractive at this point especially the Magnificent 7. On Monday 111 stocks were up of the 500 in the S&P 500. The remaining stocks where down on an average -1.72%. This should’ve been an indicator to many that Tuesdays jump in the VIX over 20 and the selloff in the S&P, DOW (now negative YTD) along with the NASDAQ. The US 10 year treasury yield is now at 4.82% above 2007 highs. Many are saying this is similar to 1987 and 2018.
DJIA Daily Chart YTD
US 10yr Treasury Weekly 5yr Chart
The name of this game is to keep what you made. With many stocks, trending south, there is no reason to get caught up in the Hope Trade.
Subscribe for $13 month and receive:
QQQTRADES Stock Idea List
QQQTRADES Dividend Stock/Covered Call Ideas
QQQTRADES Intermediate Term ETF Buy/Hold/Sell List
Share this article:
More in QQQTrades.Club:
Hedge funds and banks typically use multiple time frames for intraday trading
Hedge funds and banks typically use multiple time frames for intraday trading, as this allows them to gain a comprehensive...
Trent Grinkmeyer
August 30, 2024
Nvidia Earnings Call: A Record Quarter with a Twist
Nvidia’s Q2 earnings call was a mixed bag, with the company reporting a record quarter but also revealing a drop...
Kerry Grinkmeyer
August 29, 2024
Nvidia Earnings: A Critical Moment for Big Tech
As we approach Nvidia’s earnings report, the tech world holds its breath. This isn’t just about one company’s performance; it’s...
Trent Grinkmeyer
August 28, 2024
The Sleeping Giant: Why Intel is an Undervalued Stock
As the world’s largest semiconductor company, Intel (INTC) has long been a household name in the tech industry. However, despite...
Kerry Grinkmeyer
August 23, 2024
The Trillion Dollar Addiction...
The Trillion Dollar Addiction That Amazon, Google, Meta and Microsoft Will Be Selling Next Year As I discussed in my...
Kerry Grinkmeyer
August 19, 2024
What is an AI Agent? What Can It Do For You? Where Can You Get One?
As I discussed with my tribe during our recent stock talk, I’m excited to share with you the concept of...
Not Even With A 10ft Poll
August 18, 2024