Traded Value
Commemorative$Invesco QQQ Trust(QQQ.US)$Invesco Nasdaq 100 ETF(QQQM.US)QQQ last week definitely had that pain trade / squeeze higher feeling. Market stayed defensive for too long (oil, war, Fed fears), then once nothing fully broke, cash and shorts both had to chase back in.
So yeah, in hindsight a lot of people were probably too cautious. But that’s the tricky part — during the setup, risks were real.
What this move really says is:
• liquidity still strong
• AI/tech leadership not dead
• market willing to ignore macro until forced otherwise
Classic late-cycle behavior honestly.
@Bridge Buzz SG
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