What's Next For QQQ: The Super Bullish To Super Bearish Scenarios For The Nasdaq 100
Portfolio Pulse from David Keller
The article discusses four potential scenarios for the Nasdaq 100 index, represented by the QQQ ETF, in the coming months. These scenarios range from super bullish to super bearish. The bullish scenarios suggest that the Nasdaq 100 could reach new all-time highs, driven by leading stocks like Apple (AAPL) and Meta. The bearish scenarios suggest a potential market correction or even a significant market drop.
July 05, 2023 | 4:57 pm
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NEUTRAL IMPACT
Apple's stock could be impacted by the potential scenarios for the Nasdaq 100 index. A bullish scenario could drive the stock price higher, while a bearish scenario could lead to a price drop.
The article suggests that leading stocks like Apple could drive the Nasdaq 100 index higher in a bullish scenario. Conversely, a bearish scenario could lead to a price drop for these stocks.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The QQQ ETF, which represents the Nasdaq 100 index, could see significant price movements in the coming months depending on the unfolding scenario. A bullish scenario could drive the price higher, while a bearish scenario could lead to a price drop.
The article presents four potential scenarios for the Nasdaq 100 index, which the QQQ ETF represents. These scenarios could significantly impact the price of the QQQ ETF.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100