SPYvsGME

How will US Tech compete with rising USD

Long
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
What happens when a rising USD and high inflation effect the bottom line of US tech giants.

Qs look like a good buy if this trend continues up and fills the JAN9 Gap.

APPL has been accumulating now for months under 150

GOOG split finishes off the the 1-2-3 splits earlier this year by Mega Caps APPL and AMZN.

After NFLX cratered 22% twice in the past 2 ERs, I couldn't see a scenario of 3 in a row.

This is either a Bear rally or Bull trap.

BTC rallying after liquidations makes sense.

I'm leaning sideways until the mess from rising interest rates in DEBT and RealEstate are cleaned up.


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