To The Moon

$Invesco QQQ(QQQ)$ It still seems grossly underpriced to me. Based on a conservatively drawn trend line, it should be at $669 today, not $637. So I expect the check-mark shaped recovery from the Iran war scare share shake-out to continue for a few more weeks at an accelerated pace. My guess is it reaches $750 by July 4th.

$Invesco QQQ(QQQ)$ Allbirds, the shoe company, just sold everything and switched to AI. Its stock is up 650% today. Seriously, no joke.

$Invesco QQQ(QQQ)$  Power hour surge to $630, then sideways for the next 2 days, a ceasefire deal on Thursday evening, and an ATH on Friday... printing money just looks that easy...

$Invesco QQQ(QQQ)$  So much for the 50-day moving average crossing under the 200-day. The golden head-fake, lol! Check-mark shaped recovery is the new trend: drop a bit for a few days, then launch like a rocket for weeks. Mere V-shaped recoveries are so 2025....

$Invesco QQQ(QQQ)$ No drops until all retail bears throw in the towel. Judging from their lack of activity here, we might be getting close.

$Invesco QQQ(QQQ)$  We might not see any red days until it climbs above the ATH.

$Invesco QQQ(QQQ)$ Futures are a bit lower, but building a base to go green.

Observations from Dubai. Our recent take on the US market—despite the ‘breakdown in peace talks’ over the weekend—remains very positive. The US market now appears to have ‘departed’ from the ‘conflicts’ and is focusing solely on earnings. It’s somewhat similar to the Ukraine war, where bearish sentiment lasted only a week and a half. That said, we expect $Invesco QQQ(QQQ)$  to outperform this week, as the initial ‘knee-jerk’ reactions when the US market opens on Monday could present an opportunity. Good luck, America.

$Invesco QQQ(QQQ)$ To me, it feels like the market has decoupled from the news and the bull run will continue. Sure, I'm hearing that dump is going to block the Strait, but it's not his to block, and I bet you $5 that simply won't happen.

$Invesco QQQ(QQQ)$ Greetings from Dubai. I have some good news to report – the peace talks between the US and Iran this weekend. Dubai investors have assessed the outcome as an 'absolute agreement' since the 15 points were 'mostly agreed' by the US earlier. One sticky point would be 'monetary damages' and new revenue from the Strait. This should be easily resolved. We expect 'wonderful news' to come out on Sunday night – just in time for Monday's US market open. QQQ is projected to run to $638-$675 when the news hits the wire. Good luck America. "The US and Iran prepared for peace talks in Pakistan at the weekend."