Jan. 10th 2025
QQQ notches lower to end week as downtrend continues
Market Signal: -3 WEAK BULLISH
Following a market holiday honoring late President Jimmy Carter, the Market Signal declined to -3 on Friday, January 10th 2025.
TQQQ was down -4.77% on the day, and 10% of NASDAQ-100 (QQQ) holdings closed at 52-week lows (see below).
NASDAQ-100 52-week lows
The following NASDAQ-100 (QQQ) holdings closed at a 52-week low today:
PEP 142.64 -2.66%AMD 116.04 -4.76%ADBE 405.92 -3.26%CMCSA 36.36 -2.18%REGN 696.88 -5.00%MDLZ 56.25 -3.50%ROP 502.71 -1.49%KHC 28.51 -3.88%MCHP 55.19 -2.11%ON 53.94 -7.49%
💰
Raincheck Fund's strategy is long only, abstaining from short positions, and in cash during downtrends.
However, during downtrends
However, during downtrends
SQQQ (the inverse triple-leveraged (-3x) ETF for the NASDAQ-100) will be used in place of TQQQ in the next two sections benchmarking against QQQ and its holdings.📉2nd day of downtrend
Day 📉1 of current downtrend occurred on Jan. 8 2025.
QQQ-1.57% since start of current downtrendSQQQ+4.88% 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 |
Market Signal, Trend Count, closing prices, and return (%) over current uptrend
SQQQ vs QQQ Holdings
SQQQ is outperforming all but one of 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
|
183,983 M | QQQ | -1.57% | $515.27 | $507.19 |
|
3
|
95,453 M | CEG | 25.16% | $243.84 | $305.19 |
|
4
|
1,098 M | SQQQ | 4.88% | $30.35 | $31.83 |
|
5
|
51,031 M | FANG | 2.21% | $170.99 | $174.77 |
|
6
|
29,150 M | ZS | 1.44% | $187.28 | $189.98 |
|
7
|
49,800 M | AEP | 1.35% | $92.26 | $93.51 |
|
8
|
89,165 M | MELI | 1.14% | $1,739.00 | $1,758.77 |
|
9
|
415,907 M | COST | 1.03% | $927.37 | $936.94 |
|
10
|
24,406 M | CDW | 0.99% | $181.34 | $183.14 |
|
11
|
1,554,732 M | META | 0.84% | $610.72 | $615.86 |
|
12
|
112,014 M | GILD | 0.83% | $89.14 | $89.88 |
|
13
|
207,804 M | AZN | 0.65% | $66.58 | $67.01 |
|
14
|
48,162 M | LULU | 0.65% | $392.92 | $395.47 |
|
15
|
194,998 M | ISRG | 0.63% | $544.02 | $547.47 |
|
16
|
113,798 M | PANW | 0.34% | $172.83 | $173.42 |
|
17
|
1,267,139 M | TSLA | -0.05% | $394.94 | $394.74 |
|
18
|
110,682 M | MU | -0.07% | $99.41 | $99.34 |
|
19
|
104,593 M | SBUX | -0.38% | $92.60 | $92.25 |
|
20
|
42,807 M | BKR | -0.41% | $43.44 | $43.26 |
|
21
|
174,509 M | INTU | -0.42% | $626.05 | $623.43 |
|
22
|
91,366 M | KLAC | -0.46% | $686.20 | $683.06 |
|
23
|
105,474 M | VRTX | -0.62% | $412.11 | $409.56 |
|
24
|
290,579 M | ASML | -0.67% | $743.98 | $739.01 |
|
25
|
69,138 M | ORLY | -0.68% | $1,205.74 | $1,197.60 |
|
26
|
140,957 M | AMGN | -0.75% | $264.21 | $262.23 |
|
27
|
233,947 M | CSCO | -0.78% | $59.20 | $58.74 |
|
28
|
173,458 M | TXN | -0.79% | $191.66 | $190.15 |
|
29
|
50,070 M | PAYX | -0.85% | $140.25 | $139.06 |
|
30
|
63,126 M | TEAM | -0.86% | $244.49 | $242.39 |
|
31
|
80,989 M | ABNB | -0.89% | $130.80 | $129.63 |
|
32
|
141,877 M | HON | -0.90% | $220.17 | $218.19 |
|
33
|
37,345 M | CTSH | -0.92% | $76.02 | $75.32 |
|
34
|
2,350,762 M | GOOGL | -0.98% | $193.95 | $192.04 |
|
35
|
75,242 M | MAR | -1.01% | $273.53 | $270.76 |
|
36
|
47,704 M | DDOG | -1.03% | $141.88 | $140.42 |
|
37
|
2,364,594 M | GOOG | -1.14% | $195.39 | $193.17 |
|
38
|
80,593 M | MSTR | -1.14% | $331.70 | $327.91 |
|
39
|
82,005 M | CDNS | -1.23% | $302.73 | $299.00 |
|
40
|
43,465 M | AXON | -1.27% | $577.34 | $570.00 |
|
41
|
21,686 M | BIIB | -1.28% | $150.75 | $148.82 |
|
42
|
61,285 M | CSX | -1.30% | $32.20 | $31.78 |
|
43
|
3,114,843 M | MSFT | -1.32% | $424.56 | $418.95 |
|
44
|
174,405 M | QCOM | -1.32% | $159.08 | $156.98 |
|
45
|
19,650 M | MDB | -1.39% | $248.68 | $245.22 |
|
46
|
197,201 M | LIN | -1.40% | $420.01 | $414.15 |
|
47
|
52,547 M | NXPI | -1.42% | $209.72 | $206.75 |
|
48
|
153,220 M | PLTR | -1.42% | $68.23 | $67.26 |
|
49
|
2,302,157 M | AMZN | -1.44% | $222.13 | $218.94 |
|
50
|
53,905 M | ROP | -1.49% | $510.30 | $502.71 |
|
51
|
72,476 M | FTNT | -1.54% | $96.04 | $94.56 |
|
52
|
22,637 M | GFS | -1.59% | $41.62 | $40.96 |
|
53
|
29,541 M | ANSS | -1.65% | $343.47 | $337.81 |
|
54
|
116,879 M | ADP | -1.73% | $291.89 | $286.85 |
|
55
|
76,391 M | CTAS | -1.74% | $192.65 | $189.30 |
|
56
|
38,725 M | GEHC | -1.74% | $86.26 | $84.76 |
|
57
|
37,663 M | ODFL | -1.77% | $179.58 | $176.41 |
|
58
|
55,880 M | PCAR | -1.77% | $108.50 | $106.58 |
|
59
|
41,036 M | FAST | -1.80% | $72.94 | $71.63 |
|
60
|
50,063 M | ROST | -1.87% | $154.63 | $151.74 |
|
61
|
76,136 M | SNPS | -1.88% | $502.00 | $492.54 |
|
62
|
245,211 M | TMUS | -1.96% | $215.52 | $211.30 |
|
63
|
66,423 M | WDAY | -1.96% | $254.69 | $249.71 |
|
64
|
53,611 M | CPRT | -2.01% | $56.78 | $55.64 |
|
65
|
28,644 M | CSGP | -2.06% | $71.34 | $69.87 |
|
66
|
70,667 M | DASH | -2.07% | $173.72 | $170.12 |
|
67
|
29,638 M | MCHP | -2.11% | $56.38 | $55.19 |
|
68
|
1,051,421 M | AVGO | -2.18% | $229.31 | $224.31 |
|
69
|
139,133 M | CMCSA | -2.18% | $37.17 | $36.36 |
|
70
|
58,637 M | TTD | -2.24% | $121.52 | $118.80 |
|
71
|
36,941 M | EA | -2.32% | $144.20 | $140.85 |
|
72
|
37,480 M | EXC | -2.33% | $38.19 | $37.30 |
|
73
|
41,209 M | KDP | -2.38% | $31.12 | $30.38 |
|
74
|
3,580,183 M | AAPL | -2.41% | $242.70 | $236.85 |
|
75
|
195,701 M | PEP | -2.66% | $146.54 | $142.64 |
|
76
|
156,864 M | BKNG | -2.73% | $4,872.42 | $4,739.55 |
|
77
|
85,923 M | CRWD | -2.75% | $358.72 | $348.84 |
|
78
|
31,369 M | TTWO | -2.79% | $183.74 | $178.61 |
|
79
|
33,976 M | CCEP | -2.90% | $75.91 | $73.71 |
|
80
|
30,373 M | DXCM | -2.91% | $80.09 | $77.76 |
|
81
|
3,328,436 M | NVDA | -3.00% | $140.11 | $135.91 |
|
82
|
139,669 M | AMAT | -3.02% | $176.99 | $171.65 |
|
83
|
96,051 M | LRCX | -3.10% | $77.04 | $74.65 |
|
84
|
147,655 M | ARM | -3.24% | $145.20 | $140.49 |
|
85
|
178,686 M | ADBE | -3.26% | $419.58 | $405.92 |
|
86
|
106,879 M | APP | -3.26% | $329.20 | $318.48 |
|
87
|
34,232 M | IDXX | -3.31% | $432.36 | $418.05 |
|
88
|
98,921 M | MRVL | -3.31% | $118.23 | $114.32 |
|
89
|
75,217 M | MDLZ | -3.50% | $58.29 | $56.25 |
|
90
|
23,796 M | WBD | -3.58% | $10.06 | $9.70 |
|
91
|
48,373 M | MNST | -3.60% | $51.60 | $49.74 |
|
92
|
105,399 M | ADI | -3.66% | $220.44 | $212.37 |
|
93
|
82,594 M | INTC | -3.67% | $19.88 | $19.15 |
|
94
|
61,411 M | ADSK | -3.85% | $296.37 | $284.96 |
|
95
|
34,474 M | KHC | -3.88% | $29.66 | $28.51 |
|
96
|
47,616 M | CHTR | -4.13% | $349.32 | $334.89 |
|
97
|
37,933 M | VRSK | -4.20% | $280.42 | $268.63 |
|
98
|
358,077 M | NFLX | -4.26% | $875.00 | $837.69 |
|
99
|
36,390 M | XEL | -4.55% | $66.39 | $63.37 |
|
100
|
188,311 M | AMD | -4.76% | $121.84 | $116.04 |
|
101
|
76,580 M | REGN | -5.00% | $733.59 | $696.88 |
|
102
|
83,572 M | PYPL | -5.21% | $87.94 | $83.36 |
|
103
|
131,489 M | PDD | -5.62% | $100.32 | $94.68 |
|
104
|
22,968 M | ON | -7.49% | $58.31 | $53.94 |