Not leaning one way or

    QQQ are in a tricky spot here

    Posted by timebandit on 24th of Mar 2023 at 11:26 am

    Not leaning one way or the other. Spot for a rally as well as a plunge. Just tricky

    I'm leaning slightly long...in the

    Posted by DigiNomad on 24th of Mar 2023 at 11:31 am

    I'm leaning slightly long...in the front month options. Window dressing is a thing. SPX has been basically flat for the year but QQQ is up big.  All other things being equal, managers are going to want to have the winning names in their client portfolios when statements get generated at the end of next week.  Now that I've posted this - you're probably clear to short away   

    I would wait for the

    Posted by junkie on 24th of Mar 2023 at 11:28 am

    I would wait for the close to determine. I am waiting for a big drop and a reversal, some 400 /NQ points lower.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!