Feb. 7th 2025

Consolidation and sideways price action

Market Signal+5 MODERATE BULLISH

The NASDAQ-100 (QQQ) continued to consolidate and trade sideways, closing up +0.12% for the week. However, some signs of strengths were displayed, and the Market Signal remained in MODERATE BULLISH territory.

Sideways price action and consolidation

Besides Mon. Feb. 3rd, every day this week saw 10% or more of NASDAQ-100 (QQQ) holdings closing at 52-week highs. On Wed. Feb. 5th, 17 QQQ holdings closed at 52-week highs.

AMZN and GOOG/GOOGL closed at all-time highs on Tues. Feb. 4th. NFLX closed at an all-time high on Thurs. Feb. 6th, while META closed at an all-time high on Fri. Feb. 7th; both are showing strength.

These 4 companies make up 18.05% (almost 1/5th) of the index, and their price action influences the index proportionally.

NASDAQ-100 52-week highs

The following NASDAQ-100 (QQQ) holdings closed at a 52-week high today:

  • META $714.52 +0.36%
  • CRWD $421.59 +0.26%
  • MAR $303.97 +0.34%
  • FTNT $107.66 +2.81%
  • EXC $41.31 +0.46%
  • TTWO $208.77 +14.03%

πŸ“ˆ15th day of uptrend

Day πŸ“ˆ1 of current uptrend occurred on Jan. 17th 2025.

  • QQQ +0.23% since start of current uptrend
  • TQQQ -0.49% since start of current uptrend
A B C D E F G
1
Market Signal Trend Count QQQ Close QQQ %chg since πŸ“ˆ1 TQQQ close TQQQ %chg since πŸ“ˆ1 Date
2
1 πŸ“ˆ1 $521.74 0.00% $83.14 0.00% Fri 1/17/25
3
1 πŸ“ˆ2 $524.80 0.59% $84.54 1.68% Tue 1/21/25
4
1 πŸ“ˆ3 $531.51 1.87% $87.80 5.61% Wed 1/22/25
5
1 πŸ“ˆ4 $532.64 2.09% $88.34 6.25% Thu 1/23/25
6
1 πŸ“ˆ5 $529.63 1.51% $86.75 4.34% Fri 1/24/25
7
-2 πŸ“ˆ6* $514.21 -1.44% $79.14 -4.81% Mon 1/27/25
8
5 πŸ“ˆ7 $521.81 0.01% $82.65 -0.59% Tue 1/28/25
9
4 πŸ“ˆ8 $520.83 -0.17% $82.14 -1.20% Wed 1/29/25
10
4 πŸ“ˆ9 $523.05 0.25% $83.17 0.04% Thu 1/30/25
11
4 πŸ“ˆ10 $522.29 0.11% $82.72 -0.51% Fri 1/31/25
12
3 πŸ“ˆ11 $518.11 -0.70% $80.72 -2.91% Mon 2/3/25
13
6 πŸ“ˆ12 $524.47 0.52% $83.65 0.61% Tue 2/4/25
14
6 πŸ“ˆ13 $526.85 0.98% $84.74 1.92% Wed 2/5/25
15
6 πŸ“ˆ14 $529.60 1.51% $86.01 3.45% Thu 2/6/25
16
5 πŸ“ˆ15 $522.92 0.23% $82.73 -0.49% Fri 2/7/25

Market Signal, Trend Count, closing prices, and return (%) over current uptrend.

*Uptrend persists, as a new downtrend calls for consecutive days of negative Market Signal values, which did not occur.


TQQQ vs QQQ Holdings

TQQQ is outperforming 40% of QQQ holdings since day πŸ“ˆ1 of current uptrend (Jan. 17th 2025). Given the index's mostly sideways action thus far, this uptrend is largely undeveloped, and as such TQQQ is not yet atop the leaderboard.

PLTR , TEAM, NFLX, CRWD, SBUX, META are beginning to emerge as leaders during this uptrend. These same 6 stocks were also atop the leaderboard last week, and NFLX and PLTR have led the way since the start of the uptrend. The table below helps to identify these winning stocks that are contributing most to the index's upward price action.

A B C D E
1
Market Cap Symbol %Chg since πŸ“ˆ1 Close on πŸ“ˆ1 Close
2
189,689 M QQQ 0.23% $521.74 $522.92
3
252,519 M PLTR 54.45% $71.77 $110.85
4
82,341 M TEAM 24.54% $252.36 $314.28
5
433,716 M NFLX 18.16% $858.10 $1,013.93
6
103,842 M CRWD 18.09% $357.00 $421.59
7
127,451 M SBUX 17.94% $95.13 $112.20
8
1,810,350 M META 16.60% $612.77 $714.52
9
51,795 M AXON 14.37% $593.89 $679.24
10
82,516 M FTNT 14.25% $94.23 $107.66
11
281,143 M TMUS 12.45% $218.97 $246.24
12
81,227 M DASH 12.07% $174.48 $195.54
13
36,847 M TTWO 12.00% $186.41 $208.77
14
120,864 M VRTX 11.21% $422.00 $469.32
15
42,669 M CTSH 10.78% $77.81 $86.20
16
463,346 M COST 10.67% $943.19 $1,043.81
17
22,267 M MDB 9.78% $253.11 $277.87
18
126,089 M APP 9.75% $342.34 $375.72
19
84,471 M MAR 9.67% $277.18 $303.97
20
37,649 M IDXX 9.66% $419.26 $459.78
21
61,417 M ROP 9.66% $522.32 $572.76
22
31,536 M ZS 9.57% $187.58 $205.53
23
127,263 M PANW 9.50% $177.11 $193.94
24
72,323 M WDAY 8.91% $249.64 $271.89
25
171,286 M ARM 8.88% $149.26 $162.51
26
101,225 M MELI 8.75% $1,836.00 $1,996.65
27
158,695 M PDD 8.24% $105.57 $114.27
28
75,690 M ORLY 8.22% $1,216.79 $1,316.75
29
223,253 M AZN 8.09% $66.60 $71.99
30
157,787 M AMGN 7.88% $272.11 $293.54
31
24,924 M WBD 6.72% $9.52 $10.16
32
48,482 M LULU 6.53% $373.70 $398.10
33
41,478 M VRSK 5.45% $278.55 $293.73
34
41,510 M EXC 4.79% $39.42 $41.31
35
31,669 M CSGP 4.60% $73.85 $77.25
36
119,691 M GILD 4.57% $91.84 $96.04
37
34,404 M DXCM 4.38% $84.38 $88.08
38
216,676 M LIN 4.37% $436.00 $455.05
39
77,621 M REGN 4.17% $681.58 $710.00
40
42,102 M ODFL 4.04% $189.55 $197.20
41
36,890 M CCEP 3.84% $77.07 $80.03
42
40,040 M GEHC 3.42% $84.74 $87.64
43
248,006 M CSCO 3.39% $60.23 $62.27
44
64,900 M ADSK 3.33% $291.45 $301.15
45
124,490 M ADP 3.31% $296.18 $305.97
46
53,443 M AEP 3.19% $97.25 $100.35
47
48,461 M DDOG 3.07% $138.40 $142.65
48
105,684 M LRCX 2.53% $80.30 $82.33
49
56,087 M CPRT 2.30% $56.90 $58.21
50
185,764 M QCOM 2.07% $164.56 $167.96
51
81,540 M CTAS 1.89% $198.31 $202.06
52
25,589 M CDW 1.74% $188.73 $192.02
53
2,428,470 M AMZN 1.42% $225.94 $229.15
54
75,607 M MDLZ 1.02% $57.86 $58.45
55
188,519 M ADBE 0.72% $429.99 $433.07
56
20,597 M BIIB 0.57% $140.55 $141.35
57
52,836 M PAYX 0.31% $146.29 $146.74
58
35,429 M KHC 0.10% $29.27 $29.30
59
84,332 M ABNB -0.10% $135.12 $134.98
60
81,280 M SNPS -0.17% $526.70 $525.82
61
38,245 M XEL -0.18% $66.72 $66.60
62
62,847 M CSX -0.43% $32.73 $32.59
63
42,184 M TQQQ -0.49% $83.14 $82.73
64
45,743 M BKR -0.73% $46.54 $46.20
65
161,759 M BKNG -0.80% $4,926.80 $4,887.47
66
49,375 M CHTR -1.00% $351.37 $347.84
67
3,419,474 M AAPL -1.02% $229.98 $227.63
68
54,117 M NXPI -1.13% $215.36 $212.93
69
99,359 M KLAC -1.29% $757.47 $747.70
70
30,158 M ANSS -1.45% $349.93 $344.86
71
207,924 M ISRG -1.63% $592.64 $582.98
72
42,104 M KDP -1.83% $31.62 $31.04
73
82,191 M CDNS -1.94% $305.60 $299.68
74
96,914 M CEG -2.08% $316.36 $309.79
75
198,291 M PEP -2.48% $148.25 $144.58
76
42,341 M FAST -2.94% $76.08 $73.84
77
286,132 M ASML -3.79% $756.33 $727.70
78
55,597 M PCAR -3.91% $110.33 $106.02
79
162,030 M INTU -4.18% $604.13 $578.85
80
47,045 M ROST -4.40% $149.15 $142.59
81
3,046,074 M MSFT -4.49% $429.03 $409.75
82
2,281,237 M GOOG -5.27% $197.55 $187.14
83
1,054,046 M AVGO -5.29% $237.44 $224.87
84
2,259,295 M GOOGL -5.44% $196.00 $185.34
85
3,179,782 M NVDA -5.71% $137.71 $129.84
86
57,891 M TTD -5.73% $124.42 $117.29
87
45,290 M MNST -5.77% $49.42 $46.57
88
129,954 M CMCSA -6.04% $36.58 $34.37
89
21,822 M ON -6.19% $54.63 $51.25
90
146,286 M AMAT -6.27% $192.05 $180.00
91
101,814 M ADI -6.37% $219.16 $205.21
92
164,199 M TXN -6.45% $192.42 $180.00
93
133,639 M HON -7.66% $222.58 $205.52
94
33,515 M EA -9.44% $142.00 $128.60
95
27,907 M MCHP -10.49% $57.97 $51.89
96
21,250 M GFS -10.79% $43.10 $38.45
97
82,703 M INTC -11.12% $21.49 $19.10
98
95,719 M MRVL -11.33% $124.76 $110.62
99
174,299 M AMD -11.44% $121.46 $107.56
100
46,172 M FANG -12.24% $180.18 $158.13
101
102,838 M MU -12.72% $105.75 $92.30
102
1,163,157 M TSLA -15.21% $426.50 $361.62
103
76,478 M PYPL -15.79% $91.81 $77.31
104
82,660 M MSTR -17.39% $396.50 $327.56

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