Bulls are riding the tailwind of weakening headline inflation, buyer-friendly rate outlooks, and AI/tech strength.
Bears flag concerns around persistent core inflation, lofty valuations, technical caution, and long-term risk exposure—especially if QQQ’s momentum disintegrates
- ~61% of QQQ stocks are above their 200d SMA, but only ~48% above 50d SMA
- Need 60–65% stocks above 50d SMA
- New highs consistently > 8–10% of index components
Bears flag concerns around persistent core inflation, lofty valuations, technical caution, and long-term risk exposure—especially if QQQ’s momentum disintegrates
- Core CPI remains sticky (like the latest 3.1% YoY) which delays Fed cuts
- Geopolitical/tariff shocks hitting supply chains or tech exports
- Earnings misses from big AI names which reverses sentiment
- Yield spike above 4.4% on the 10-year (valuation compression)
I am not a licensed professional & these posts are for informational purposes only, not financial advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am not a licensed professional & these posts are for informational purposes only, not financial advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.