Jan. 17th 2025
Choppy week in the market
Market Signal: +1 WEAK BULLISH
The NASDAQ-100 (QQQ) experienced a choppy week, with Market Signal values teetering on either side of 0, staying within WEAK sentiment ranges.
Wed. Jan. 15th saw a neutral Market Signal value of 0, while Fri. Jan 17th ended the week with a +1 Market Signal value.
Though the Market Signal concluded the week with a positive signal, the downtrend has not yet concluded, as that necessitates consecutive days of positive Market Signal value, which has not yet occurred.
Tuesday's action will be telling as to what happens next (The stock market will be closed on Mon. Jan. 20th, in honor of Martin Luther King Jr. Day).
📉7th* day of downtrend
*Given Fri. Jan. 17th's positive Market Signal value, if the next trading day returns positive Market Signal value, that would effectively make Thurs. Jan. 16th the last day of a 6 day downtrend, and Fri. Jan. 17th. the first day of a new uptrend.
Day 📉1 of current downtrend occurred on Jan. 8 2025.
QQQ+1.26% since start of current downtrendSQQQ-3.82% since start of current downtrend
| A | B | C | D | E | F | G | |
|---|---|---|---|---|---|---|---|
|
1
|
Market Signal | Trend Count | QQQ Close | QQQ %chg since 📉1 | SQQQ close | SQQQ %chg since 📉1 | Date |
|
2
|
-2 | 📉1 | $515.27 | 0.00% | $30.35 | 0.00% | Wed 1/8/25 |
|
3
|
-3 | 📉2 | $507.19 | -1.57% | $31.83 | 4.88% | Fri 1/10/25 |
|
4
|
-2 | 📉3 | $505.56 | -1.88% | $32.15 | 5.93% | Mon 1/13/25 |
|
5
|
-2 | 📉4 | $505.08 | -1.98% | $32.26 | 6.29% | Tue 1/14/25 |
|
6
|
0 | 📉5 | $516.48 | 0.23% | $30.08 | -0.89% | Wed 1/15/25 |
|
7
|
-2 | 📉6 | $513.08 | -0.43% | $30.69 | 1.12% | Thu 1/16/25 |
|
8
|
1 | 📉7* | $521.74 | 1.26% | $29.19 | -3.82% | Fri 1/17/25 |
Market Signal, Trend Count, closing prices, and return (%) over current downtrend
SQQQ vs QQQ Holdings
The following table compares the returns of SQQQ, QQQ, and all QQQ holdings since day 📉1 of current downtrend (Jan. 8 2025).
| A | B | C | D | E | |
|---|---|---|---|---|---|
|
1
|
Market Cap | Symbol | %Chg since 📉1 | Close on 📉1 | Close |
|
2
|
189,261 M | QQQ | 1.26% | $515.27 | $521.74 |
|
3
|
98,970 M | CEG | 29.74% | $243.84 | $316.36 |
|
4
|
97,733 M | MSTR | 19.54% | $331.70 | $396.50 |
|
5
|
101,319 M | KLAC | 10.39% | $686.20 | $757.47 |
|
6
|
211,086 M | ISRG | 8.94% | $544.02 | $592.64 |
|
7
|
156,268 M | AMAT | 8.51% | $176.99 | $192.05 |
|
8
|
92,686 M | INTC | 8.10% | $19.88 | $21.49 |
|
9
|
1,369,090 M | TSLA | 7.99% | $394.94 | $426.50 |
|
10
|
46,053 M | BKR | 7.14% | $43.44 | $46.54 |
|
11
|
117,824 M | MU | 6.38% | $99.41 | $105.75 |
|
12
|
93,080 M | MELI | 5.58% | $1,739.00 | $1,836.00 |
|
13
|
40,468 M | ODFL | 5.55% | $179.58 | $189.55 |
|
14
|
107,955 M | MRVL | 5.52% | $118.23 | $124.76 |
|
15
|
51,792 M | AEP | 5.41% | $92.26 | $97.25 |
|
16
|
52,611 M | FANG | 5.37% | $170.99 | $180.18 |
|
17
|
32,958 M | DXCM | 5.36% | $80.09 | $84.38 |
|
18
|
146,613 M | PDD | 5.23% | $100.32 | $105.57 |
|
19
|
163,494 M | PLTR | 5.19% | $68.23 | $71.77 |
|
20
|
81,416 M | SNPS | 4.92% | $502.00 | $526.70 |
|
21
|
92,043 M | PYPL | 4.40% | $87.94 | $91.81 |
|
22
|
52,674 M | PAYX | 4.31% | $140.25 | $146.29 |
|
23
|
43,585 M | FAST | 4.30% | $72.94 | $76.08 |
|
24
|
103,321 M | LRCX | 4.23% | $77.04 | $80.30 |
|
25
|
25,151 M | CDW | 4.08% | $181.34 | $188.73 |
|
26
|
114,886 M | APP | 3.99% | $329.20 | $342.34 |
|
27
|
207,605 M | LIN | 3.81% | $420.01 | $436.00 |
|
28
|
23,819 M | GFS | 3.56% | $41.62 | $43.10 |
|
29
|
1,112,966 M | AVGO | 3.55% | $229.31 | $237.44 |
|
30
|
30,276 M | CSGP | 3.52% | $71.34 | $73.85 |
|
31
|
182,826 M | QCOM | 3.44% | $159.08 | $164.56 |
|
32
|
84,419 M | ABNB | 3.30% | $130.80 | $135.12 |
|
33
|
39,611 M | EXC | 3.22% | $38.19 | $39.42 |
|
34
|
65,723 M | TEAM | 3.22% | $244.49 | $252.36 |
|
35
|
114,457 M | GILD | 3.03% | $89.14 | $91.84 |
|
36
|
146,268 M | AMGN | 2.99% | $264.21 | $272.11 |
|
37
|
80,027 M | CTAS | 2.94% | $192.65 | $198.31 |
|
38
|
45,287 M | AXON | 2.87% | $577.34 | $593.89 |
|
39
|
31,130 M | MCHP | 2.82% | $56.38 | $57.97 |
|
40
|
156,872 M | ARM | 2.80% | $145.20 | $149.26 |
|
41
|
107,858 M | SBUX | 2.73% | $92.60 | $95.13 |
|
42
|
54,735 M | NXPI | 2.69% | $209.72 | $215.36 |
|
43
|
187,179 M | ADBE | 2.48% | $419.58 | $429.99 |
|
44
|
116,220 M | PANW | 2.48% | $172.83 | $177.11 |
|
45
|
108,677 M | VRTX | 2.40% | $412.11 | $422.00 |
|
46
|
61,410 M | TTD | 2.39% | $121.52 | $124.42 |
|
47
|
56,008 M | ROP | 2.36% | $510.30 | $522.32 |
|
48
|
38,580 M | CTSH | 2.35% | $76.02 | $77.81 |
|
49
|
30,601 M | ANSS | 1.88% | $343.47 | $349.93 |
|
50
|
20,283 M | MDB | 1.78% | $248.68 | $253.11 |
|
51
|
239,882 M | CSCO | 1.74% | $59.20 | $60.23 |
|
52
|
2,375,762 M | AMZN | 1.72% | $222.13 | $225.94 |
|
53
|
418,681 M | COST | 1.71% | $927.37 | $943.19 |
|
54
|
57,846 M | PCAR | 1.69% | $108.50 | $110.33 |
|
55
|
297,389 M | ASML | 1.66% | $743.98 | $756.33 |
|
56
|
63,117 M | CSX | 1.65% | $32.20 | $32.73 |
|
57
|
42,891 M | KDP | 1.61% | $31.12 | $31.62 |
|
58
|
254,112 M | TMUS | 1.60% | $215.52 | $218.97 |
|
59
|
35,525 M | CCEP | 1.53% | $75.91 | $77.07 |
|
60
|
120,681 M | ADP | 1.47% | $291.89 | $296.18 |
|
61
|
32,739 M | TTWO | 1.45% | $183.74 | $186.41 |
|
62
|
77,027 M | MAR | 1.33% | $273.53 | $277.18 |
|
63
|
203,397 M | PEP | 1.17% | $146.54 | $148.25 |
|
64
|
163,061 M | BKNG | 1.12% | $4,872.42 | $4,926.80 |
|
65
|
2,418,210 M | GOOG | 1.11% | $195.39 | $197.55 |
|
66
|
144,732 M | HON | 1.09% | $220.17 | $222.58 |
|
67
|
2,399,236 M | GOOGL | 1.06% | $193.95 | $196.00 |
|
68
|
3,189,787 M | MSFT | 1.05% | $424.56 | $429.03 |
|
69
|
83,815 M | CDNS | 0.95% | $302.73 | $305.60 |
|
70
|
70,246 M | ORLY | 0.92% | $1,205.74 | $1,216.79 |
|
71
|
49,959 M | CHTR | 0.59% | $349.32 | $351.37 |
|
72
|
38,313 M | XEL | 0.50% | $66.39 | $66.72 |
|
73
|
72,478 M | DASH | 0.44% | $173.72 | $174.48 |
|
74
|
175,529 M | TXN | 0.40% | $191.66 | $192.42 |
|
75
|
1,546,931 M | META | 0.34% | $610.72 | $612.77 |
|
76
|
54,825 M | CPRT | 0.21% | $56.78 | $56.90 |
|
77
|
28,782 M | ZS | 0.16% | $187.28 | $187.58 |
|
78
|
206,533 M | AZN | 0.03% | $66.58 | $66.60 |
|
79
|
197,106 M | AMD | -0.31% | $121.84 | $121.46 |
|
80
|
87,933 M | CRWD | -0.48% | $358.72 | $357.00 |
|
81
|
108,768 M | ADI | -0.58% | $220.44 | $219.16 |
|
82
|
39,334 M | VRSK | -0.67% | $280.42 | $278.55 |
|
83
|
77,370 M | MDLZ | -0.74% | $58.29 | $57.86 |
|
84
|
35,393 M | KHC | -1.31% | $29.66 | $29.27 |
|
85
|
37,243 M | EA | -1.53% | $144.20 | $142.00 |
|
86
|
139,975 M | CMCSA | -1.59% | $37.17 | $36.58 |
|
87
|
62,810 M | ADSK | -1.66% | $296.37 | $291.45 |
|
88
|
3,372,518 M | NVDA | -1.71% | $140.11 | $137.71 |
|
89
|
38,715 M | GEHC | -1.76% | $86.26 | $84.74 |
|
90
|
72,223 M | FTNT | -1.88% | $96.04 | $94.23 |
|
91
|
366,802 M | NFLX | -1.93% | $875.00 | $858.10 |
|
92
|
66,404 M | WDAY | -1.98% | $254.69 | $249.64 |
|
93
|
47,018 M | DDOG | -2.45% | $141.88 | $138.40 |
|
94
|
34,331 M | IDXX | -3.03% | $432.36 | $419.26 |
|
95
|
169,106 M | INTU | -3.50% | $626.05 | $604.13 |
|
96
|
49,209 M | ROST | -3.54% | $154.63 | $149.15 |
|
97
|
1,007 M | SQQQ | -3.82% | $30.35 | $29.19 |
|
98
|
48,062 M | MNST | -4.22% | $51.60 | $49.42 |
|
99
|
45,511 M | LULU | -4.89% | $392.92 | $373.70 |
|
100
|
3,458,410 M | AAPL | -5.24% | $242.70 | $229.98 |
|
101
|
23,354 M | WBD | -5.37% | $10.06 | $9.52 |
|
102
|
23,261 M | ON | -6.31% | $58.31 | $54.63 |
|
103
|
20,481 M | BIIB | -6.77% | $150.75 | $140.55 |
|
104
|
74,899 M | REGN | -7.09% | $733.59 | $681.58 |