u/midhknyght

YTD TQQQ is ~54.4% with dividends through October 2. (48.9% after 3 quarters ending Sept 30 with dividends reinvested per dividendchannel.com)

I will admit as swing trader the war, oil prices, and bond yields has had me very confused this year. I went from handily beating TQQQ buy and hold to falling way behind and only recently started catching up, about 42% YTD.

I am curious how the other systems have done. Thanks!

Hi Folks, as the title states I was wondering how long can I wait to request a card cancellation and receive a full refund of the AF?

Also, if I request after the 16th (and paid the AF) can I still get a full AF?

Question for the folks who have stayed at Hermitage Bay, do you tend to just stay at the resort or do you plan an excursion to St. John or Barbuda?

And if you did an excursion, was it worthwhile and/or what would you do differently? Did the HB staff help with the excursion?

I was wondering if anyone added a day or two outside of HB at St. John and if so did HB staff take you to the other hotel in lieu of the airport?

Thanks! I'm planning six nights and will probably be happy to just relax the whole time as a second honeymoon with my wife. Just a little worry about being bored.

Not paywalled.

Early in the morning we dropped below 50 DMA, rallied above in the afternoon before finally failing to hold above. No news I can think of.

Are we on the cusp of a reversal? If so, how far down to diamond tops drop down? We have so many Gaps below plus the 200 DMA.

Current aftermarket price is $67.38!!!

But seriously, this post isn't about the bull trend ending although we would likely see a correction (-10% from ATH). And a correction would really be good for this overheated market, especially if you are planning on buying.

We got some headwinds. Iran war going hot again, SpaceX IPO sucking out the liquidity. And tomorrow is PPI at 8:30 AM EST and the forecast is bad:

"For the May Producer Price Index (PPI) report, the consensus estimates among economists forecast a 6.4% year-over-year annualized increase for the headline figure, and a 5.4% rise for the core PPI."

So if you are like me and want to buy at a cheaper price -- what price would you pick???

We actually have a bunch of Gap Fills to pick from and also the 50 DMA and 200 DMA. TQQQ price would translate to $64.34 to $46.57

I think a 4.77% drop that isn't caused by anything Trump said or did should be something to be concerned about, especially after a huge run up to ATH. Rising treasury yields do affect the stock market, especially tech.

I'm sure a lot of retail bought the dip thinking it's another opportunity. And the volume was huge yesterday, like 2x the average but clearly the selling overwhelmed the dip buyers plus we ended the day at the lows of the session. So I think this drop is really significant and could lead to at least a temporary correction (-10% or more)

Looking back in time, in July-August of 2024 we had a head and shoulders pattern and a 15.7% pullback from ATH after a huge run to new ATH that also started on a big drop. The drop finally stopped after crossing the 200 DMA which coincidentally if this were to happen again would have the 200 DMA around the same % drop.

Not saying Monday couldn't be Green, if anything we could get another head and shoulders pattern -- a little drop to the neckline then rally to a shoulder before finally dropping.

Estimated price of TQQQ at 200 DMA today is $48.30 but it's rising so I expect to buy back around $50.