---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43045740.md"
description: "Where is the bottom of the Nasdaq? Data from the past 5 years tells you: it bottoms out after another 20% drop!$QQQ has been sliding steadily, down over 10%, breaking below the neckline of the rounding top;Korea experienced 6 circuit breakers in 2 months; US stocks in storage, optics, CPU, and other core sectors have generally corrected by nearly 50%, with casualties everywhere;Where is the bottom of the Nasdaq?Based on the past 5 years of $QQQ's Forward Weighted P/E:29x and above is the zone where you should take profits on tech and momentum stocks;25.9x is the median valuation;Around 21.7x is the 5-year low. It hit 22.6x yesterday, so another drop of about 4% would mark the true value bottom;The Fed meeting tomorrow and the big tech earnings reports over the next 2 days will bring significant volatility, potentially offering us a golden pit opportunity for a spike-and-recover bottom;How to buy?If it drops 5%, buy $1,000 worth"
datetime: "2026-07-29T16:20:43.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43045740.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43045740.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43045740.md)
author: "[浩浩荡荡地](https://longbridge.com/en/profiles/19784218.md)"
---

# Where is the bottom of the Nasdaq? Data from the p…


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