NASDAQ 100 on the move

mikeriley · Feb 10, 2022

NQ move started at approx 7:30am dropped from 15027 to 14796 within 30 minutes. Prior to this post price is hitting 14721
Amazing how NQ makes moves on a daily basis that it takes the average
stock a month to accomplish. Correction, most stocks never accomplish such moves.

May everyone have a great day trading.

RedSun · Feb 10, 2022

Not really. A lot stocks have much larger moves than NQ and any index futures. Look at the meme stocks and FB, NFLX etc....

maxinger · Feb 10, 2022

mikeriley said:
NQ move started at approx 7:30am dropped from 15027 to 14796 within 30 minutes. Prior to this post price is hitting 14721
Amazing how NQ makes moves on a daily basis that it takes the average
stock a month to accomplish. Correction, most stocks never accomplish such moves.

May everyone have a great day trading.

I don't see anything special about today's movement.

Just in case you don't know,
It has been moving quite massively almost every day.

murray t turtle · Feb 10, 2022

mikeriley said:
NQ move started at approx 7:30am dropped from 15027 to 14796 within 30 minutes. Prior to this post price is hitting 14721
Amazing how NQ makes moves on a daily basis that it takes the average
stock a month to accomplish. Correction, most stocks never accomplish such moves.

May everyone have a great day trading.

%%
Same with QQQ + TQQQ;
monthly looks a bit weak, but some good moves on 4 hour charts.
QQQ cash can + has gone up 10%in a day, plenty of single stocks may move more. But what stopped me from trading single stocks, was too many moves like top trender PAYcom was dead money for 50 days/LOL; which Seldom happens with qqq or QLD/TQQQ + related.
IBD founder did much better with single stocks/ but turned out he was even more unusual/ talented than i thought!!!!!!

comagnum · Feb 10, 2022

QQQ +16.8% on Jan 3, 2001. I still remember that day.

SunTrader · Feb 10, 2022

Well it took longer to do it but 2nd move down was even greater -2.71% vs -2.20% and might not be done just yet:

SunTrader · Feb 10, 2022

But I'm not sure where 15027 - 14796 numbers come from, unless that is the June contract?

mikeriley · Feb 10, 2022

Well it took longer to do it but 2nd move down was even
greater -2.71% vs -2.20% and might not be done just yet:

SunTrader that's a wonderful move. Those numbers are from this morning.
emini NQ for March contract.

You all make valid points. Appreciate the insights.

SunTrader · Feb 10, 2022

mikeriley said:
SunTrader that's a wonderful move. Those numbers are from this morning.
emini NQ for March contract.

You all make valid points. Appreciate the insights.

My chart shows this morning's numbers .... and they are different from yours?

mikeriley · Feb 10, 2022

My chart shows this morning's numbers .... and they are different from yours?

SunTrader, It could be I was on the 30 minute chart. I use tradovate on Central time zone or exchange time.

A conundrum of sorts.