QQQ

WildTadpole

What about when QQQ dropped 70% and then didn't break even until 2016? Were you born after that?

TigersBeatLions

Don't know abt QQQ, but trading NQ I do believe we rise and they use big news event to send lower. Every billionaire and CEO already done selling

Lost-Practice-5916

See my post above. 2008 if you get buying even a 100 a month on 3x QQQ you be insanely wealthy. If you tucked away $1k you would be set for life.

Lost-Practice-5916

That was more than 2 decades ago dumbass. If you bought in 2004 TQQQ even you would be rich af. Actually if you DCA a mere $100 a month on leveraged QQQ 16k investment would be 400k+. That's why idiots like you lose money.

DueHousing

QQQ crashed 70% in 2000 and only broke even in 2016, are you regarded?

GameLoreReader

Majority of banks are estimating that they will just hold it steady again and Jpow will be saying something something about 'needing more data to be confident'. Either way, I really wish it would make SPY/QQQ very volatile either pumping up a lot or dumping like crazy. Yet, the Hedge Funds love to ruin everyone's fun by trying very hard to keep it flat.

jraiv420

VOO, QQQ and TLT printing 🤑

OldAd4526

YOLO SMCI and QQQ calls

GameLoreReader

Those trading SPY/QQQ this week, beware for Tuesday and Wednesday. Market could most likely stay sideways with the FOMC meeting being two days (April 30 and May 1).

Positive_Wheel_7065

Target date funds are super simple, and a very safe way to invest without any thought. If you want to be a bit more active than that,Consider the world of ETF's. There is an ETF for everything and picking the right ones for you can seem daunting. There are the simple ones like QQQ that tracks the NASDAQ and SPY that tracks S&P 500, they move with the market and are diversified enough that you dont have to worry about a single company tanking your portfolio. I like high divident ETF's like JEPI and JEPQ. They also track the NASDAQ and S&P 500, but they employ strategies to also provide monthly dividends along with market movements.

D3vilUkn0w

I've got QQQ calls 

JeromePowellsEarhair

Then I wish you luck. Print off a logo of the top 20 holdings of QQQ and tape them on a dartboard. You could even invite friends over and make a drinking game out of it or something.

slightlyassholic

I think I will have a day trade become available tomorrow. If so, I will do a screen and run a day trade on whatever is hot. I will also check to see how mobile SPY is and maybe do a 0 or 1 dte call or put depending on the weather tomorrow morning. No sense making any detailed plans the way things are right now. I'll just search for something with the right signals and see which way the wind is blowing SPY, QQQ, and the others.

thezenunderground

Hilarious that the S+P/SPY/QQQ weekly candle closed with a higher low and a lower high. This means indecision. We could go up, we could go down, we could go sideways. I prefer to believe we are going to have a good week tho

peteragro

Put that all into QQQ and forget it .start a new account with $65

cranialrectumongus

Yes, but I would look at more from the perspective of picking one and sticking with it. I would either go long and short puts on the TQQQ because it can get a little confusing remembering which put and which call is the short the actual underlying, which is the QQQ. Especially if you ever start selling options. Selling a SQQQ call is the same as selling a put on TQQQ and both are long QQQ plays. If you are trading quickly keeping those relationships can became tricky sometimes if you switch back and forth. It's easy to become confused.

Puzzleheaded_Two1063

Right ill try QQQ, seems okay to me. OBDC also seems safe tbh. Thanks for the response

chewbaccashotlast

Puts on QQQ lol. I had over 100 contracts for SPY $503p basically expire worthless Friday so if my track record is right it means SPY will open at $504 tomorrow and finish at $494

Majestic_Salad_I1

QQQ drops 30%, TQQQ drops 90%. Each cost a dollar a share QQQ is now 70c, TQQQ is now 10c QQQ goes up 100%, TQQQ goes up 300% QQQ is now $1.40, TQQQ is now 40c That’s how that works. If you get caught in a big drawdown, it’s tough to hold onto and get back to breakeven.

iamchromes

$14k cash. Whats my play to buy at open, sell at close tomorrow that isn’t SPY or QQQ ?

big-rob512

The two most reliable BDC's are probably MAIN, ARCC. OBDC as another honorable mention. It's nice to have some of these stocks for income generation but probably would focus on QQQ/SPY while your getting started.

qw1ns

Just buy 25% QQQ, 25% VOO, 25% SMH and 25% IEF. Every 5% drop of QQQ or VOO or SMH whichever is lowest, sell 10% of IEF and buy with that money the lowest dropped ETF (QQQ or VOO or SMH).

tranceworks

Easy answer is to buy SPY and QQQ and then forget about it.

greyenlightenment

lol cant even get to 64k after huge QQQ rally last week. selll

Conto87

No increased wages, increased revenues by companies and increased operational profits during to technological developments (e.g. AI) into the equation? Don’t forget, big tech companies (which dominate QQQ) are barely dependent on higher rates as they have shitloads of money anyway. Best of luck betting against the trend!

Scrogwiggle

Just received my 56k IRA transfer to RH 🤡. Monday I buy 100 AAPL (17k), 55 SPY (30k), and 9k into QQQ 440-450 Jan Calls.

dcgain

Are you just selling credit spreads? Or some other strat. I just recently got into SPX. Going to migrate fully to index or futures options and stop dealing with SPY and QQQ specifically because of tax implications.

Karatekk2

Honestly don’t know any of these besides QQQ. Not sure why you wouldn’t see VTI.

dbgtboi

QQQ is low risk in the sense that if it drops a lot, the government will intervene and pump it straight back to ath The risk in leveraged investments is getting wiped out in a crash, for example if spy/qqq drops 80%+ then you're getting wiped out, there is no chance of recovery With spxl and tqqq, do you see any scenario where the government/fed would sit back and watch spy/qqq drop that hard? There will be an intervention almost guaranteed once they hit a 20% drawdown, that removes a hell of a lot of risk from them

HandsomeAssJoe

2% seems aggressive for SPY. Would probably need to trade 45 to 50 delta weeklies to do it. It can be done but will likely not sustainable. May want to look at QQQ or IWM instead for more volatility/prem.

CarRamRob

QQQ/SPY won’t drop 90%. They just have to drop 30-40 percent, and trade sideways for a few years. And any leveraged fund will be doing 100x reverse splits. Government can’t always control things perfectly either, and government could even be the root of the next market downfall. Do you really think they want 6-7 companies that have that much power, and such little employment? Not really. There could be antitrust lawsuits defining the market 10 years from now, where all the majors of QQQ get their growth restricted when the government is leery of companies having more power than themselves. So, just because we have been in some sort of stable growth period from 2009 to today, with very short lived dips, doesn’t mean that will continue. Even a decade or two like the 60’s or 70’s would rip apart a leveraged fund like that. Invest how you want, but the purpose here is people explaining to younger folk what mistakes they would avoid, and this is a big one that I see many people don’t understand. They just pull up the “life” history starting in 2010 and think it’s impossible or it won’t continue to recover after every down period. Little do they know that after every major crash they usually have to reset these types of funds because they go bankrupt…and that’s probably why TQQQ (and the like) normally are started in 2010.

dbgtboi

i am very familiar with volatility decay, but it also works the other way around too, if stocks rarely see red days then the 3x leverage makes a hell of a lot more than 3x the underlying the only ones i would hold long term are UPRO and TQQQ, because those are 3x on SPY/QQQ which are protected by the government / fed, you will definitely have shit years like 2020/2022 but as long as you don't see SPY dropping 50%+ then you are fine i would definitely not touch SOXL though, that one can blow up for sure

FozzyBear89

QQQ

dbgtboi

A max drawdown of 20-30% because the government / fed won't let it go further makes SPY / QQQ low risk. 20% isn't even a crash when we regularly see spy/qqq up that much every year

dbgtboi

I'm more of a "set and forget" guy, in a few years sure, you might not recover if you bought the peak, but give it another 10-20 years and I'm very confident it'll beat out QQQ.

qw1ns

I have been using TQQQ/SOXL many years for swing trading, like Aristothang said it is mainly for short term, but can not be used for investing long term. Yes, TQQQ/UPRO/SOXL unlikely be killed due to circuit breakers in place, but it is **unwise to hold long** as recovery may take year (even decades). Here is the practical example: My trading partner, one time madly bought 1000 shares of TQQQ (2021) at $89 holding long in spite of my recommendation to stop loss. Finally he agreed to sell it at $72 and happy to see that touched $20. Three years over, it never touched the price he sold while QQQ touched ATH. However, he compensated now buying TQQQ around $20s and never keeps that long.

RetireWithRyan

The data disagrees. Most market moves occur before and after closing, when earnings are reported. This shows on the macro as well (SPY, QQQ, IWM, etc). That said, no the market shouldn't be open 24/7.

Aristothang

SPY and QQQ are low to moderate risk. They can both move significantly in times of volatility. I completely disagree on leveraged ETFs like TQQQ. Those are extremely high risk assets. They suffer from volatility decay and high expense ratios. Look at every peak of QQQ and compare it with TQQQ. TQQQ never recovers to the degree that QQQ does on sharp downswings or corrections. We've hit all time highs for QQQ multiple times YTD. TQQQ still hasn't recovered to its ATH of $83.16/share since Dec 2021. TQQQ is for speculative short term trading, not long term holding. In a bear market, you'd get completely wiped out holding a leveraged ETF.

dbgtboi

The "market" is not free, and is heavily manipulated by the big players and government. I see a lot of people scared to invest because the market might crash. What they are missing is that the government will go all in to protect the market if needed so even if we see a big drop, it will recover very quickly once the trillions of dollars roll in. This is why SPY and QQQ are really low risk, and even the leveraged versions like TQQQ and SPXL are nowhere near as risky as you'd think they are.

Takeoff_V1

u/JamesAQuintero - take a look at the option chain for May 7 - 10 days out for QQQ, look also for BA chain 13 days out, JPM for 13 days out, WFC for 13 days out, etc, etc...there are whole bunch of stocks with options ITM and near the money that can be bought for $500, you just got to spend some time to research and don't expect things to be delivered in a silver plate. A good investor will find ways to grow their investment regardless if they are starting out with $500 or $100K.

Unique_Name_2

I make fun of gold bugs all the time, but tbh if youre in precious metals youve been getting QQQ style gains anyways.

Commercial_Method278

Isn’t it the same decay but it just follows QQQ instead of spy?

JamesAQuintero

See you mention QQQ and SPY, but what's an option that's available for under $500? Anything beyond like 3-5DTE, it's more than $500 for an ATM contract. So OP would have to start buying OTM if they want to do anything beyond a week of expiration. Otherwise they're gambling ATM at like 0DTE, and that's not any better than your advice of no OTM.

cmrh42

Nothing wrong with a USA 100% investment profile ( that’s what I do) but you might want not be all SPY. I personally have Real Estate (10%), Bonds (high %age now that I’m retired) QQQ (15% or so), and a little Gold.

Dear-Comfortable-418

You can no longer afford to not be long NVDA. AI will eventually take over your jobs, or at least make workforce more efficient and cause layoffs. It’s a hedge for your future now, especially if you’re doing white collar work. Own at least your yearly annual income in NVDA. No pullback neither. It’s full steam ahead to QQQ $500. Amazing Google earnings that showed immense cloud growth means great Amazon earnings.

Mr_yolo408

If you swing option is gamble, if you get lucky once and you will try to chase it. My 1st hit was 25k amazon calls back 2020. Made like 170k, went on losing streak due to lack understanding market trend. Yolo it all back with Amazon calls and TESLA puts. Gave up, came back 1 year later, gamble another -80k to penny stocks options. Currently down 221k to date * backtest your data history when you enter and exit, compare that to market condition; your entry and exit. Use indicator like VIX, ema, TREND indicators in longer time frame compare that to SPY, QQQ. I been testing it on QQQ & SPY with Odte options. I got it to the point, that I can predict the market movement via VIX indicator. Study your past mistakes is key to success. Hope you do well in the future.

AllTooWell31

Spy QQQ AMZN

R4ndomlyJ0n

SPY, QQQ, and their leveraged counterparts, such as UPRO, TQQQ, SOXL, UDOW. My goal, in general, is to avoid holding these leveraged funds for more than a week, so when I get assigned I sell calls as low as possible to get them called away while still making a small profit. It’s called a wheel strategy.

Decent-Ad-4358

The boring way is how you make money long term. If you ever wanna take $1000 and try trading individual stocks/options in a separate account is fine but your not gonna touch this is a Roth IRA money for 20+ years, all you wanna do is buy etfs or even just buy SPY/QQQ to follow the whole market, adding some big names that will always be around like Google/Microsoft is a good idea also

dduckg0

It sucks got crushed by QQQ and TSLA as well. Granted the week prior my Puts were winning. Gave back de huis some of those gains.

Kcirnek_

He can get his money back if he invests in SPY or QQQ after 25 years lol

Isaac459

VGT is almost all tech. QQQ is mostly tech, but has a significant amount of consumer discretionary. Also, VGT has a lower expense ratio. But VTI has more than enough tech on it's own, in my opinion.

jdp111

Spy and QQQ

studmcstudmuffin

QQQ puts

kaminoteter

down 13% YTD when QQQ is up 7%. the alpha generation process at ARK must be incredible.

twmint

Lost money for 2 years with all their picks. Same as ARK funds. Overall a complete waste of money. The investing club from Cramer has been doing better overall for the last couple of years. Best way to make money ? BUY Vanguard VOO or SPY, both ETF's that follow the S&P. If you are fixated on the Nasdaq, go with the QQQ or XLK and forget it

IYKYK808

Where do we place our bets? SPY/QQQ puts?

spearthrower

QQQ

thewimsey

>does everyone hate financial advisors now? Not as many people do as should. >so legit question is why do people expect to be helped and have free management? It's because people pay fees and get worse results. It's not an issue with the idea of fees, but with the fact that the fees don't give better results. And often give worse results. >but provide advice and options for lending, banking, tax efficiency etc. I don't really trust financial planners to know much about these areas. >I once had someone ask me to invest their 74 year old friend into the QQQ Yes, there are always idiots. But that's not the market financial planners pretend to serve. >For those of you who arent investment savvy, would you think about getting an advisor? To be fair, I don't think that this is the right sub for that question.

Zann77

QQQ, FSELX, FSPTX. Bought 25+ years ago. No idea what was paid for them, but they’ve compounded hundreds of percent since then.

AlgoTradingQuant

Your wife is super smart! Like others have said, one bad earnings call, one major law suit, one bad anything and you’d be mad as hell and so would your wife! Buy VOO and/or VTI and chill… if you want sprinkle in some QQQ but buy index funds!

crazybutthole

Get good ETFs like VOO (sp500) and QQQ (NASDAQ top tech stocks like Microsoft Google Amazon Netflix etc) Buy as much as you can afford and hold for a long time.

InstructionNo9399

What do you mean you can’t imagine how holding an index fund would have been? You can just look at the graph. QQQ and VGT are my oldest. They have double since I started buying.

beeznax

Probably the smartest thing to do would be to avoid the mistakes that new investors make as they can be costly (don't ask me how I know this  Buy the S&P... Maybe some QQQ if you feel froggy... You are young and have time in the market on your side.

BushLeagueQuant

I like to play around whenever I get bored and I’ve had some decent success on QQQ buying calls/puts that are 1-2 weeks out. ATM contracts can be fairly cheap, and have also found it to be a more affordable/cushioned way to trade big tech earnings, with less exaggerated price movement.

GameLoreReader

Since today is a Friday and NVDA 0dte was available, I was thinking whether to do calls on QQQ or NVDA. I chose QQQ and made $1k profit, but seeing NVDA spiking up that much today made me realize I could have profited $16k with my money today.

MrDarcys-Prejudice

You’re right on; it’s no novel idea certainly, but sound all the same. However, this will land on deaf ears at WSB. Because it makes sense, yet it’s a long-term play. Everybody here likes 30-bagger 0DTEs. (I’m assuming you got this info. partly from their 2023 20-F? It reads very familiar.) ASML is a great buy, or LEAPs as far as you can buy them. (My Roth is QQQ and ASML.)

Takeoff_V1

u/JamesAQuintero - there are so many stocks with options available to trade for $500. QQQ and SPY are the best ones to get starting. QQQ especially is like rinse and repeat, you can easily make profits buying calls or puts with QQQ. Also, banking stocks tend to move back and forth during week giving you opportunity with both calls and puts. One thing to remember is to look at volume, make sure the trading volume is high.

WilliamCincinnatus

Also you don’t put all of a 74 year old lady’s investments into QQQ because you CANT predict a recession or a tech bubble pop.

vansterdam_city

Pick QQQ as your core holding then, at least 50%. Don’t be dumb, you probably aren’t a top 1% stock picker.

No-Rub4673

Stop trading options! Or go all in one last time on QQQ Puts when we hit 434. Thank me later

justhp

Options trading with $500 is tough. You never want to risk your whole portfolio on one trade. So, you will be stuck buying cheaper contracts. Cheap contracts are cheap because A) the company share price isn't worth that much or B) they are way OTM. OTM options are very, very high risk. So, that leaves you with buying contracts of cheap companies. The problem with options contracts on cheap companies is liquidity: not many people are buying and selling those. So, you may find a cheap $10 stock to buy some $5 contracts in, but it won't do you any good if there are no buyers when you want to sell. That is a real risk with options on cheap stocks: it doesn't matter if you are up 2,000%: if no one wants to buy your contract, it is worthless. The not so sexy advice here is build up a larger portfolio where you can buy ATM/ITM contracts of big players like SPY,QQQ,NVDA,AMZN,AAPL, etc without spending more than 5% of your port on any position.

Lambodragonfire69

Place a limit order on Monday morning to buy 100 QQQ 370 May17, 2024 Puts for 0.07. Once the trade hits 47k profit close the position. Also, on Monday transfer $200 back to your checking so you can treat yourself to a nice steak and a cigar. You’re welcome.

sc_red3

Focus on QQQ 1DTE options only.

wayfarer8888

Buy a 3X leveraged inverse SPY or QQQ if you think the bottom is falling out soon. Shorting or buying puts with a longer expiry is also a possible hedge. Not being invested for longer is a certain losing proposition. Fiat won't go to zero, the worst stock performance is -30% in reality, maybe it goes lower in a crash but the recovery wouldn't take long.

xxwww

I might get in trouble explaining how I almost perfectly timed the top and bottom of the market in 2021-2022 but I'm keeping everything in reasonably leveraged index funds like QQQ until September 2028. If there's a flash crash I'll throw my roth into TQQQ

proviethrow

My criteria are simply, are they overweight in VOO or QQQ? If they are, do I personally enjoy their product/service and do I believe they will be around in 10-20 years/do I believe they can grow. My strategy is just to overweight winners not find 10x underdogs. This has worked out well enough.

techphilos

QQQ is so bullish but I’ll let you keep buying puts 😂😂😂😂😂😂😂😂

bzl33

$TSLA being down 2% while $QQQ is up 2% is a bad sign

Dbow2thedome

QQQ calls i bought yesterday at the bottom. So sad i didnt hold out. Woulda made 12x 🥲

Junior_Donut_6435

I have put some money in 4/29 508, 505p SPY and 4/29 430, 428p QQQ. I hope market goes down a bit on monday so I could sell. Hoping good luck for both of us fellow regards🤞🏽

felanlang

Looks as if it has based related to SMH and reversed related to QQQ, might be a good buy zone here

Junior_Donut_6435

I hope so, my 5/31 485p SPY, 5/31 405p QQQ, and 5/17 200p, 210p SOXX would print then

techphilos

Adding 433 QQQ calls here 🚀🤝🤑

DueHousing

Should’ve YOLOed QQQ puts instead of SPY, either way something gonna happen to my port next week 

tropicalia84

Half this sub would be wiped out if QQQ closed only up 1% for the day. Luckily bears are weak as fuck and tired from getting blown out.

SZJX

Shorting QQQ and NVDA.

doublejesus13

I mean, QQQ is up so much today, makes sense we’re all thinking P’s

techphilos

Just like how QQQ keeps pumping, put buyers 😂😂

Coffeewin

How is AAPL red on a +1.8% QQQ day LOL

SnS2500

VTI is up 5.16% for 2024. QQQ is up 3.78% for 2024. SCHD is up 1.88& for 2024. KO is up 5.61% for 2024. Congratulations on buying them this past month when they dipped a bit.

Responsible_Dot_3020

!banbet QQQ 420 1w

Sufficient-Tourist21

Will QQQ shed some of the gains in late trading because people take profit or is everyone in party mode and believe next week will continue like today?

tropicalia84

imagine not buying QQQ calls at 410 when it's going to 500 this year

xSmeckleDorfedx

SPY 490 Put 0DTE 5/1 or QQQ 420 Put 0DTE, sell exactly after 2pm ET FOMC.

greyenlightenment

bitcoin doing what is does best : dumping on Friday when QQQ up huge

Sufficient-Tourist21

QQQ just gonna stay there and gap down -1,3% on monday just because and just to fuck with me

tropicalia84

QQQ still down 3% this month. Plenty of meat on the bones for calls to go to new all time highs.

studmcstudmuffin

Just bought 5,500 of QQQ 430P expiring Monday

trading_allday

Just buy QQQ 0dte calls next day after Nvdia earnings. You might get lucky