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%
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.π40th day of downtrend
Day π1 of current downtrend occurred on Fri. Feb. 28th 2025.
QQQ
-7.01% since start of current downtrendSQQQ
+0.80% since start of current downtrend
A | B | C | D | E | F | G | |
---|---|---|---|---|---|---|---|
1
|
Market Signal | Trend Count | QQQ Close | QQQ %chg since π1 | SQQQ close | SQQQ %chg since π1 | Date |
2
|
-2 | π1 | $508.17 | 0.00% | $31.40 | 0.00% | Fri 2/28/25 |
3
|
-3 | π2 | $497.05 | -2.19% | $33.43 | 6.46% | Mon 3/3/25 |
4
|
-3 | π3 | $495.55 | -2.48% | $33.81 | 7.68% | Tue 3/4/25 |
5
|
-3 | π4 | $502.01 | -1.21% | $32.51 | 3.54% | Wed 3/5/25 |
6
|
-3 | π5 | $488.20 | -3.93% | $35.17 | 12.01% | Thu 3/6/25 |
7
|
-3 | π6 | $491.79 | -3.22% | $34.47 | 9.78% | Fri 3/7/25 |
8
|
-3 | π7 | $472.73 | -6.97% | $38.37 | 22.20% | Mon 3/10/25 |
9
|
-3 | π8 | $471.60 | -7.20% | $38.80 | 23.57% | Tue 3/11/25 |
10
|
-3 | π9 | $476.92 | -6.15% | $37.49 | 19.39% | Wed 3/12/25 |
11
|
-3 | π10 | $468.34 | -7.84% | $39.54 | 25.92% | Thu 3/13/25 |
12
|
-3 | π11 | $479.66 | -5.61% | $36.73 | 16.97% | Fri 3/14/25 |
13
|
-3 | π12 | $482.77 | -5.00% | $36.02 | 14.71% | Mon 3/17/25 |
14
|
-3 | π13 | $474.54 | -6.62% | $37.84 | 20.51% | Tue 3/18/25 |
15
|
-2 | π14 | $480.89 | -5.37% | $36.40 | 15.92% | Wed 3/19/25 |
16
|
-2 | π15 | $479.26 | -5.69% | $36.75 | 17.04% | Thu 3/20/25 |
17
|
-2 | π16 | $480.84 | -5.38% | $36.40 | 15.92% | Fri 3/21/25 |
18
|
-2 | π17 | $490.66 | -3.45% | $34.13 | 8.69% | Mon 3/24/25 |
19
|
-2 | π18 | $493.46 | -2.89% | $33.52 | 6.75% | Tue 3/25/25 |
20
|
-2 | π19 | $484.38 | -4.68% | $34.86 | 11.02% | Wed 3/26/25 |
21
|
-3 | π20 | $481.62 | -5.22% | $35.47 | 12.96% | Thu 3/27/25 |
22
|
-3 | π21 | $468.94 | -7.72% | $38.30 | 21.97% | Fri 3/28/25 |
23
|
-7 | π22 | $468.92 | -7.72% | $38.34 | 22.10% | Mon 3/31/25 |
24
|
-7 | π23 | $472.70 | -6.98% | $37.44 | 19.24% | Tue 4/1/25 |
25
|
-7 | π24 | $476.15 | -6.30% | $36.60 | 16.56% | Wed 4/2/25 |
26
|
-8 | π25 | $450.66 | -11.32% | $42.53 | 35.45% | Thu 4/3/25 |
27
|
-8 | π26 | $422.67 | -16.83% | $50.36 | 60.38% | Fri 4/4/25 |
28
|
-8 | π27 | $423.69 | -16.62% | $50.17 | 59.78% | Mon 4/7/25 |
29
|
-8 | π28 | $416.06 | -18.13% | $52.97 | 68.69% | Tue 4/8/25 |
30
|
-6 | π29 | $466.00 | -8.30% | $34.28 | 9.17% | Wed 4/9/25 |
31
|
-7 | π30 | $446.18 | -12.20% | $38.21 | 21.69% | Thu 4/10/25 |
32
|
-6 | π31 | $454.40 | -10.58% | $36.22 | 15.35% | Fri 4/11/25 |
33
|
-6 | π32 | $457.48 | -9.98% | $35.45 | 12.90% | Mon 4/14/25 |
34
|
-6 | π33 | $457.99 | -9.87% | $35.34 | 12.55% | Tue 4/15/25 |
35
|
-6 | π34 | $444.18 | -12.59% | $38.54 | 22.74% | Wed 4/16/25 |
36
|
-7 | π35 | $444.10 | -12.61% | $38.64 | 23.06% | Thu 4/17/25 |
37
|
-8 | π36 | $433.11 | -14.77% | $41.49 | 32.13% | Mon 4/21/25 |
38
|
-7 | π37 | $444.48 | -12.53% | $38.28 | 21.91% | Tue 4/22/25 |
39
|
-6 | π38 | $454.56 | -10.55% | $35.76 | 13.89% | Wed 4/23/25 |
40
|
-5 | π39 | $467.35 | -8.03% | $32.72 | 4.20% | Thu 4/24/25 |
41
|
-5 | π40 | $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 π1 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 π1 | Close on π1 | 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 |