$Invesco Nasdaq 100 ETF(QQQM.US)$Invesco QQQ Trust(QQQ.US)Last week, QQQ was relatively quiet. Thursday’s rally was driven mainly by NVIDIA’s strength, but Friday’s hawkish Fed comments quickly erased part of the gains. It felt like the index was still lacking a clear catalyst beyond AI leadership.
I kept my QQQ DCA at the minimum level. Valuations are simply hard to ignore, and the elevated CAPE ratio makes it difficult for me to increase exposure aggressively despite the resilient trend.
My takeaway is to stay patient. I’d rather keep adding slowly than chase a market that already prices in a lot of optimism.
@Captain's Treasure
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