Ready for QQQ to Pop? Here’s the Catalyst

09/24/2024



Hey Trader,


Markets are full of trading opportunities, but one thing’s for sure—they love to surprise us.  


If you’ve been waiting for a breakout, guess what? It’s here! 


SPY is soaring, and QQQ is itching to follow. But what’s the hold-up? It’s all about MU earnings, and if they hit it out of the park, QQQ could be in for a ride. 


Let’s talk about how to trade this setup!


Did you think I was lying when I said the market’s itching for a breakout?


As much as we like to analyze surrounding factors, data, and fundamentals, the market is the most stubborn creature out there. It sees what it wants to see!


The rate cut was SPY's "reason" to reach all time highs. After digesting the news on Wednesday, SPY blasted into a blue-sky breakout on Thursday. Meanwhile, SPY’s bestie, QQQ, is still dragging its feet.


Here’s the tea: QQQ wants to join the party but it needs a little push. Enter MU earnings! I’m betting they’ll knock it out of the park. 


Ever traded earnings plays? Now's your chance to jump in and ride QQQ’s next leg higher. 


The stage is set for a potential move higher in QQQ, and now’s the time to jump in. Whether you’re new to earnings plays or a seasoned pro, this setup is too good to ignore.


Mark and I LOVE playing earnings and we are gearing up to trade with our members.


Join us right here on our daily trading show, Trade to Close, with a free trial!!




Always be closing,


Olivia Voz