QQQ: Look Past The Tariff Damage As Investors Aren't Foolish

(13min)

Summary

  • The stock market is forward-looking and not directly tied to the economy. Investors aren't foolish, as they try to price in upheavals before they hit.
  • The current market selloff is assessed to be driven by fear, especially in the tech-heavy Nasdaq ETF or QQQ.
  • The resilience of top US companies and ongoing trade negotiations offer potential for market stabilization.
  • AI growth and strong demand for Nvidia chips provide the silver lining in an otherwise sobering week for the market.
  • Know that we have been through worse days and emerged stronger once the dust settled, so why would this be any different?
  • Looking for a helping hand in the market? Members of Ultimate Growth Investing get exclusive ideas and guidance to navigate any climate. Learn More »
stock market crash sell-off red finance numbers

bunhill

Nasdaq Enters Bear Market - What's Next?

What a time to be alive. Just over four years ago, investors felt immense pain as the unknowns of COVID spurred a selloff that was unprecedented in recent market memory, but it also culminated in an

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  • We believe price action is a leading indicator. 
  • We called the TSLA top in late 2021.
  • We then picked TSLA's bottom in December 2022.
  • We updated members that the NASDAQ had long-term bearish price action signals in November 2021.
  • We told members that the S&P 500 likely bottomed in October 2022.
  • Members navigated the turning points of the market confidently in our service.
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This article was written by

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JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP.

He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks.

He focuses on identifying growth investing opportunities that present the most attractive risk/reward upside potential. His approach combines sharp price action analysis with fundamentals investing.

He tends to avoid overhyped and overvalued stocks while capitalizing on battered stocks with significant upside recovery possibilities.

He runs the investing group Ultimate Growth Investing which specializes in identifying high-potential opportunities across various sectors. He focuses on ideas that has strong growth potential and well-beaten contrarian plays, with an 18 to 24 month outlook for the thesis to play out.

The group is designed for investors seeking to capitalize on growth stocks with robust fundamentals, buying momentum, and turnaround plays at highly attractive valuations.

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of QQQ, AMZN, GOOGL, META, XLK, AVGO, AAPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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