
$Invesco QQQ Trust(QQQ.US) I listened to the financial news this morning, mentioning that next Monday is Presidents' Day (the third Monday of February every year)... The Presidents' Day in 2025 was on Feb 17th, which was also a stage high at that time. It held on for a few days, then started a slow decline from the 20th for about a month and a half, finally running out of steam.
Considering the election at the end of the year, Trump probably won't let the stock price fall that much this year. But recently, they've been saying there's a high probability of no rate cut before May, so there probably won't be much liquidity injection either? At this level, the institutional scythes must be itching, after all, the stock prices of many tech stocks relative to their market caps have already reached mid-2026 levels or even higher, looking forward to a "squeeze"...
🌚 I won't tell you guys that I'm lightly positioned, don't want to chase, afraid of getting buried, so I'm just lying flat and playing dead 🤣
PS: It's not about drawing a mark on a moving boat, it's just that it's really uncomfortable trying to go long at this level 😣
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