$Invesco QQQ(QQQ)$ Just saw two of the biggest volume days this year on Friday and Tuesday. The daily 48EMA aligns with the weekly 9EMA, down about 8% from the all-time high. After nine straight weeks of vertical movement, this pullback is healthy and typical bull market behavior.
CPI, the first of three major IPOs, Warsh's first FOMC meeting, plus quad witching – expect intraday chaos.
I'm shifting from swing trades to building larger share positions. June looks like it might offer some discounts, especially for AI buildout plays. Keeping my eyes peeled.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments