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  • Nasdaq 100 Stocks Up An Average of 20% YTD [View article]
    QQQQ rally is gaining momentum. Technology will continue to lead the market up. Once the biotechs (notice that they were among the biggest underperformers) regain some strength, it's not unlikely to see another 10%-20% move up in QQQQ by the end of the year, bringing it to $40.

    This may sound like a big move and irrational for the bears, but keep in mind that this thing used to trade $100 in the good old days of 2000 (so it would still be DOWN 60% from the peak, not too different from path followed by other "generational bubbles" -- Nikkei 1990, DJIA 1929, etc).
    May 20 19:31 pm |Rating: +1 0 |Link to Comment
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