Apr. 25th 2025

QQQ rallies

Market Signal-5 MODERATE BEARISH

The NASDAQ-100 (QQQ) rallied a bit, closing +6.41% on the week. The Market Signal is out of STRONG BEARISH territory, and into MODERATE BEARISH territory.

QQQ is down -7.01% over the course of the current downtrend, while SQQQ is +0.80%, due to beta-slippage and the nature of a leveraged ETF.

Still, SQQQ is beating 8 in 10 NASDAQ-100 holdings since the start of current downtrend. An SQQQ positioned opened on day 1 of uptrend saw zero days in the red and up to a +68.69% return:

NASDAQ-100 52-week lows

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

  • PEP $133.38 -1.43%
  • ODFL $146.74 -7.65%

πŸ’°
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.

πŸ“‰40th day of downtrend

Day πŸ“‰1 of current downtrend occurred on Fri. Feb. 28th 2025.

  • QQQ -7.01% since start of current downtrend
  • SQQQ +0.80% since start of current downtrend
A B C D E F G
1
Market Signal Trend Count QQQ Close QQQ %chg since πŸ“‰1 SQQQ close SQQQ %chg since πŸ“‰1 Date
2
-2 πŸ“‰1 $508.17 0.00% $31.40 0.00% Fri 2/28/25
3
-3 πŸ“‰2 $497.05 -2.19% $33.43 6.46% Mon 3/3/25
4
-3 πŸ“‰3 $495.55 -2.48% $33.81 7.68% Tue 3/4/25
5
-3 πŸ“‰4 $502.01 -1.21% $32.51 3.54% Wed 3/5/25
6
-3 πŸ“‰5 $488.20 -3.93% $35.17 12.01% Thu 3/6/25
7
-3 πŸ“‰6 $491.79 -3.22% $34.47 9.78% Fri 3/7/25
8
-3 πŸ“‰7 $472.73 -6.97% $38.37 22.20% Mon 3/10/25
9
-3 πŸ“‰8 $471.60 -7.20% $38.80 23.57% Tue 3/11/25
10
-3 πŸ“‰9 $476.92 -6.15% $37.49 19.39% Wed 3/12/25
11
-3 πŸ“‰10 $468.34 -7.84% $39.54 25.92% Thu 3/13/25
12
-3 πŸ“‰11 $479.66 -5.61% $36.73 16.97% Fri 3/14/25
13
-3 πŸ“‰12 $482.77 -5.00% $36.02 14.71% Mon 3/17/25
14
-3 πŸ“‰13 $474.54 -6.62% $37.84 20.51% Tue 3/18/25
15
-2 πŸ“‰14 $480.89 -5.37% $36.40 15.92% Wed 3/19/25
16
-2 πŸ“‰15 $479.26 -5.69% $36.75 17.04% Thu 3/20/25
17
-2 πŸ“‰16 $480.84 -5.38% $36.40 15.92% Fri 3/21/25
18
-2 πŸ“‰17 $490.66 -3.45% $34.13 8.69% Mon 3/24/25
19
-2 πŸ“‰18 $493.46 -2.89% $33.52 6.75% Tue 3/25/25
20
-2 πŸ“‰19 $484.38 -4.68% $34.86 11.02% Wed 3/26/25
21
-3 πŸ“‰20 $481.62 -5.22% $35.47 12.96% Thu 3/27/25
22
-3 πŸ“‰21 $468.94 -7.72% $38.30 21.97% Fri 3/28/25
23
-7 πŸ“‰22 $468.92 -7.72% $38.34 22.10% Mon 3/31/25
24
-7 πŸ“‰23 $472.70 -6.98% $37.44 19.24% Tue 4/1/25
25
-7 πŸ“‰24 $476.15 -6.30% $36.60 16.56% Wed 4/2/25
26
-8 πŸ“‰25 $450.66 -11.32% $42.53 35.45% Thu 4/3/25
27
-8 πŸ“‰26 $422.67 -16.83% $50.36 60.38% Fri 4/4/25
28
-8 πŸ“‰27 $423.69 -16.62% $50.17 59.78% Mon 4/7/25
29
-8 πŸ“‰28 $416.06 -18.13% $52.97 68.69% Tue 4/8/25
30
-6 πŸ“‰29 $466.00 -8.30% $34.28 9.17% Wed 4/9/25
31
-7 πŸ“‰30 $446.18 -12.20% $38.21 21.69% Thu 4/10/25
32
-6 πŸ“‰31 $454.40 -10.58% $36.22 15.35% Fri 4/11/25
33
-6 πŸ“‰32 $457.48 -9.98% $35.45 12.90% Mon 4/14/25
34
-6 πŸ“‰33 $457.99 -9.87% $35.34 12.55% Tue 4/15/25
35
-6 πŸ“‰34 $444.18 -12.59% $38.54 22.74% Wed 4/16/25
36
-7 πŸ“‰35 $444.10 -12.61% $38.64 23.06% Thu 4/17/25
37
-8 πŸ“‰36 $433.11 -14.77% $41.49 32.13% Mon 4/21/25
38
-7 πŸ“‰37 $444.48 -12.53% $38.28 21.91% Tue 4/22/25
39
-6 πŸ“‰38 $454.56 -10.55% $35.76 13.89% Wed 4/23/25
40
-5 πŸ“‰39 $467.35 -8.03% $32.72 4.20% Thu 4/24/25
41
-5 πŸ“‰40 $472.56 -7.01% $31.65 0.80% Fri 4/25/25

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


SQQQ vs QQQ Holdings

SQQQ is outperforming 79% of QQQ holdings since day πŸ“‰1 of current downtrend (Feb. 28th 2025).

In other words, there is about a 2 in 10 chance of having picked NASDAQ-100 holdings that outperformed SQQQ over the current downtrend.

A B C D E
1
Market Cap Symbol %Chg since πŸ“‰1 Close on πŸ“‰1 Close
2
171,421 M QQQ -7.01% $508.17 $472.56
3
99,143 M MSTR 44.35% $255.43 $368.71
4
264,509 M PLTR 32.81% $84.92 $112.78
5
79,449 M CDNS 15.62% $250.50 $289.63
6
47,003 M AXON 14.25% $528.45 $603.78
7
38,207 M EA 13.54% $129.12 $146.60
8
468,780 M NFLX 12.34% $980.56 $1,101.53
9
58,835 M CPRT 11.13% $54.80 $60.90
10
33,356 M ZS 9.86% $196.23 $215.58
11
105,316 M CRWD 9.04% $389.66 $424.88
12
34,930 M CSGP 8.62% $76.25 $82.82
13
57,095 M MNST 7.36% $54.65 $58.67
14
46,308 M FAST 6.60% $75.73 $80.73
15
39,779 M TTWO 6.32% $211.98 $225.38
16
112,845 M MELI 4.90% $2,121.87 $2,225.85
17
46,661 M EXC 4.57% $44.20 $46.22
18
126,957 M VRTX 2.93% $479.79 $493.84
19
53,064 M CHTR 2.77% $363.57 $373.65
20
46,721 M KDP 2.63% $33.52 $34.40
21
84,974 M MDLZ 2.12% $64.23 $65.59
22
40,371 M CCEP 1.88% $86.26 $87.88
23
174,480 M INTU 1.67% $613.84 $624.12
24
1,092 M SQQQ 0.80% $31.40 $31.65
25
56,998 M AEP 0.65% $106.05 $106.74
26
84,149 M CTAS 0.43% $207.50 $208.40
27
35,450 M IDXX 0.08% $437.11 $437.44
28
45,941 M ROST -0.43% $140.32 $139.71
29
2,913,006 M MSFT -1.29% $396.99 $391.85
30
57,495 M ADSK -1.56% $274.21 $269.93
31
76,797 M ORLY -1.94% $1,373.64 $1,347.00
32
92,304 M KLAC -2.01% $708.84 $694.61
33
69,056 M SNPS -2.33% $457.28 $446.62
34
917,811 M TSLA -2.74% $292.98 $284.95
35
157,013 M AMD -3.22% $99.86 $96.65
36
157,931 M BKNG -3.54% $5,016.01 $4,838.44
37
904,232 M AVGO -3.57% $199.43 $192.31
38
40,031 M VRSK -3.66% $296.91 $286.05
39
28,108 M ANSS -3.77% $333.25 $320.68
40
35,193 M KHC -3.97% $30.71 $29.49
41
212,054 M LIN -3.99% $467.05 $448.40
42
123,125 M AMAT -4.12% $158.07 $151.55
43
39,796 M XEL -4.30% $72.10 $69.00
44
266,303 M ASML -4.49% $709.08 $677.27
45
59,889 M ROP -4.59% $584.50 $557.70
46
1,997,332 M GOOG -4.86% $172.22 $163.85
47
1,974,292 M GOOGL -4.89% $170.28 $161.96
48
78,877 M DASH -5.38% $198.44 $187.76
49
164,307 M QCOM -5.48% $157.17 $148.56
50
126,573 M CMCSA -5.52% $35.88 $33.90
51
51,583 M PAYX -5.58% $151.67 $143.21
52
78,282 M FTNT -5.75% $108.01 $101.80
53
118,503 M PANW -6.01% $190.43 $178.98
54
128,111 M HON -6.45% $212.89 $199.16
55
433,550 M COST -6.81% $1,048.61 $977.16
56
91,629 M LRCX -6.93% $76.74 $71.42
57
118,709 M ADP -7.43% $315.18 $291.76
58
63,863 M PYPL -8.04% $71.05 $65.34
59
144,446 M PDD -8.51% $113.69 $104.01
60
215,692 M AZN -8.71% $76.21 $69.57
61
150,869 M AMGN -8.84% $308.06 $280.84
62
19,512 M GFS -8.98% $38.77 $35.29
63
64,070 M WDAY -9.04% $263.34 $239.53
64
128,447 M GILD -9.75% $114.31 $103.17
65
184,438 M ISRG -10.22% $573.15 $514.59
66
49,088 M NXPI -10.22% $215.59 $193.55
67
2,005,631 M AMZN -10.97% $212.28 $188.99
68
69,865 M CEG -11.00% $250.55 $222.99
69
2,708,644 M NVDA -11.14% $124.92 $111.01
70
20,813 M CDW -11.36% $178.20 $157.95
71
225,609 M CSCO -11.54% $64.11 $56.71
72
76,120 M ABNB -11.78% $138.87 $122.51
73
35,058 M DDOG -12.90% $116.55 $101.52
74
52,299 M CSX -13.03% $32.01 $27.84
75
182,875 M PEP -13.09% $153.47 $133.38
76
35,696 M CTSH -13.39% $83.33 $72.17
77
3,143,819 M AAPL -13.46% $241.84 $209.28
78
264,298 M TMUS -13.69% $269.69 $232.77
79
65,883 M REGN -13.75% $698.74 $602.64
80
119,460 M ARM -13.93% $131.69 $113.34
81
40,219 M FANG -13.97% $158.96 $136.76
82
48,236 M PCAR -14.31% $107.24 $91.89
83
89,160 M MU -14.79% $93.63 $79.78
84
93,669 M APP -15.02% $325.74 $276.83
85
96,512 M ADI -15.42% $230.06 $194.59
86
17,395 M BIIB -15.42% $140.50 $118.84
87
87,430 M INTC -15.51% $23.73 $20.05
88
16,726 M ON -15.77% $47.05 $39.63
89
65,043 M MAR -15.78% $280.45 $236.20
90
156,722 M ADBE -16.15% $438.56 $367.72
91
31,130 M ODFL -16.86% $176.50 $146.74
92
147,954 M TXN -16.90% $195.99 $162.86
93
1,381,556 M META -18.10% $668.20 $547.27
94
36,113 M BKR -18.26% $44.59 $36.45
95
28,098 M DXCM -18.91% $88.37 $71.66
96
59,914 M TEAM -19.55% $284.26 $228.68
97
25,218 M MCHP -20.34% $58.86 $46.89
98
31,326 M GEHC -21.67% $87.35 $68.42
99
26,530 M TTD -23.25% $70.32 $53.97
100
21,250 M WBD -25.04% $11.46 $8.59
101
32,319 M LULU -26.73% $365.61 $267.90
102
95,202 M SBUX -27.63% $115.81 $83.81
103
14,086 M MDB -35.12% $267.43 $173.50
104
51,028 M MRVL -35.83% $91.82 $58.92

Subscribe to Raincheck Fund

Don’t miss out on the latest posts. Sign up now to get access to the library of members-only posts.
jamie@example.com
Subscribe