$QQQ TOP 20
Added 2023-09-24 19:58:33 +0000 UTCThe $QQQ is a mean of all the Top 100 Tech stocks and if the Mega Caps lose support this week then of course this will do the same too and again the 200 Day MA will be the target too, which is at $330 right now.
So if you have not bought a Mega Cap or the $SPY and you are unsure of what to buy but want to buy a market ETF instead, then buying the $QQQ at the 200 Day MA makes a lot of sense.
The Mega Caps will always offer support and their pull backs are never too extreme, its stable sensible investing and a large chunk of your investing capital should be in these companies.
