SnarkyPuppy

QQQ Preparing for Years of Choppy Consolidation

BATS:QQQ   Invesco QQQ Trust, Series 1
QQQ after 2000 mirrors SPX after 1930. makes sense to me... This is the transition from tech being risk on to tech becoming the bluechip base lines. Yet ugly sideways times may be ahead as sellers absorb demand for the top tech stocks.

will investors get wrekt as market goes into bullish trends and then reverses only to put in sharp lows. where average joe's are whipsawed based on current news and candle color

2024-2027 this could be the case..

Extending my focus on 2030.. buying red candles. building positions in the future. (tech in my opinion)
Comment:
Tech vs Innovation -

There was a times where Ford, AT&T, RCA , OIl mining etc were INNOVATION

They shifted during the sp500box and became blue chip income generating investments.

Currnetly INNOVATION has been in TECH stocks. .. is it possible that they are in the process of moving to the blue chip status and there will be a new wave of innovation (exponential opportunity) to emerge during these next years.

A.I.? (i think absolutely yes)
Fusion/Fision?
Electric vehicles?
Crypto/web3?
Digital communities/economies?

IDk. keeping eyes open for the next wave of 20 year parabolic opportunity as the guard changes.
Comment:
One last comparison, might be the most important.

Demographics

70's and 80's saw the Boomers enter their peak earning, spending, and investing years.

2020's will see USA millennials and genX/Y enter their peak earning, spending, and investing years.

Boomer capital movement and productivity were strong fundamentals into breakout and also changing of the guard

expecting similar from USA millennials ... could be real reason such bad monetary and fiscal policy hasn't crushed USA economy (yet).
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