Oct. 24th 2025

QQQ sets 7th all-time high during longest uptrend on record

Market Signal+8 STRONG BULLISH

In what's become the longest uptrend since Raincheck Fund's inception, the NASDAQ-100 (QQQ) continues to show astonishing strength:

  • QQQ has seen 7 weeks close at an all-time high during the current uptrend
  • More than 10% of QQQ holdings closed at 52-week high today
  • TQQQ is up almost +100% since the uptrend began

Market Signal stayed in STRONG BULLISH range throughout the week.

Five of the Magnificent 7 report earnings next week (MSFT, AMZN,AAPL, GOOG/GOOGL, META).

QQQ gapped up Friday before closing at an all-time high.

The market is clearly at great heights, and many wonder how long such strength can sustain. Nonetheless, equities continue to climb.

Raincheck Fund's strategy seeks to profit by capitalizing on how the market is currently behaving, as opposed to predicting what it will do next, and will remain long until the Market Signal goes negative.

NASDAQ-100 52-week highs

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

  • AAPL $262.82 +1.25%
  • GOOG $260.51 +2.67%
  • GOOGL $259.92 +2.70%
  • AMD $252.92 +7.63%
  • MU $219.02 +5.96%
  • SHOP $172.95 +3.54%
  • LRCX $151.68 +2.81%
  • AMAT $228.75 +0.12%
  • INTC $38.28 +0.31%
  • KLAC $1,182.82 +2.06%
  • CRWD $527.32 +1.02%
  • ZS $323.00 +1.33%

πŸ“ˆ123rd day of uptrend

Day πŸ“ˆ1 of current uptrend occurred on Thurs. May 1st 2025.

  • QQQ +28.11% since start of current uptrend
  • TQQQ +94.75% 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
2 πŸ“ˆ1 $481.68 0.00% $56.77 0.00% Thu 5/1/25
3
2 πŸ“ˆ2 $488.83 1.48% $59.43 4.69% Fri 5/2/25
4
2 πŸ“ˆ3 $485.93 0.88% $58.40 2.87% Mon 5/5/25
5
2 πŸ“ˆ4 $481.41 -0.06% $56.74 -0.05% Tue 5/6/25
6
2 πŸ“ˆ5 $483.30 0.34% $57.40 1.11% Wed 5/7/25
7
2 πŸ“ˆ6 $488.29 1.37% $59.11 4.12% Thu 5/8/25
8
2 πŸ“ˆ7 $487.97 1.31% $58.97 3.88% Fri 5/9/25
9
3 πŸ“ˆ8 $507.85 5.43% $66.11 16.45% Mon 5/12/25
10
3 πŸ“ˆ9 $515.59 7.04% $69.14 21.79% Tue 5/13/25
11
3 πŸ“ˆ10 $518.68 7.68% $70.36 23.94% Wed 5/14/25
12
3 πŸ“ˆ11 $519.25 7.80% $70.58 24.33% Thu 5/15/25
13
3 πŸ“ˆ12 $521.51 8.27% $71.45 25.86% Fri 5/16/25
14
3 πŸ“ˆ13 $522.01 8.37% $71.64 26.19% Mon 5/19/25
15
3 πŸ“ˆ14 $520.27 8.01% $70.89 24.87% Tue 5/20/25
16
3 πŸ“ˆ15 $513.04 6.51% $67.94 19.68% Wed 5/21/25
17
2 πŸ“ˆ16 $514.00 6.71% $68.29 20.29% Thu 5/22/25
18
2 πŸ“ˆ17 $509.24 5.72% $66.32 16.82% Fri 5/23/25
19
4 πŸ“ˆ18 $521.22 8.21% $70.94 24.96% Tue 5/27/25
20
3 πŸ“ˆ19 $518.91 7.73% $70.03 23.36% Wed 5/28/25
21
3 πŸ“ˆ20 $519.93 7.94% $70.37 23.96% Thu 5/29/25
22
3 πŸ“ˆ21 $519.11 7.77% $70.00 23.30% Fri 5/30/25
23
4 πŸ“ˆ22 $523.21 8.62% $71.61 26.14% Mon 6/2/25
24
4 πŸ“ˆ23 $527.30 9.47% $73.28 29.08% Tue 6/3/25
25
3 πŸ“ˆ24 $528.77 9.78% $73.87 30.12% Wed 6/4/25
26
3 πŸ“ˆ25 $524.79 8.95% $72.15 27.09% Thu 6/5/25
27
4 πŸ“ˆ26 $529.92 10.01% $74.21 30.72% Fri 6/6/25
28
3 πŸ“ˆ27 $530.70 10.18% $74.54 31.30% Mon 6/9/25
29
3 πŸ“ˆ28 $534.21 10.91% $75.98 33.84% Tue 6/10/25
30
3 πŸ“ˆ29 $532.41 10.53% $75.20 32.46% Wed 6/11/25
31
3 πŸ“ˆ30 $533.66 10.79% $75.69 33.33% Thu 6/12/25
32
2 πŸ“ˆ31 $526.96 9.40% $72.83 28.29% Fri 6/13/25
33
3 πŸ“ˆ32 $534.29 10.92% $75.80 33.52% Mon 6/16/25
34
2 πŸ“ˆ33 $529.08 9.84% $73.56 29.58% Tue 6/17/25
35
2 πŸ“ˆ34 $528.99 9.82% $73.46 29.40% Wed 6/18/25
36
2 πŸ“ˆ35 $526.83 9.37% $72.45 27.62% Fri 6/20/25
37
7 πŸ“ˆ36 $531.65 10.37% $74.70 31.58% Mon 6/23/25
38
7 πŸ“ˆ37 $539.78 12.06% $78.10 37.57% Tue 6/24/25
39
7 πŸ“ˆ38 $541.16 12.35% $78.48 38.24% Wed 6/25/25
40
8 πŸ“ˆ39 $546.22 13.40% $80.63 42.03% Thu 6/26/25
41
7 πŸ“ˆ40 $548.09 13.79% $81.42 43.42% Fri 6/27/25
42
8 πŸ“ˆ41 $551.64 14.52% $83.00 46.20% Mon 6/30/25
43
7 πŸ“ˆ42 $546.99 13.56% $80.89 42.49% Tue 7/1/25
44
7 πŸ“ˆ43 $550.80 14.35% $82.50 45.32% Wed 7/2/25
45
8 πŸ“ˆ44 $556.22 15.48% $84.81 49.39% Thu 7/3/25
46
7 πŸ“ˆ45 $552.03 14.61% $82.92 46.06% Mon 7/7/25
47
7 πŸ“ˆ46 $552.34 14.67% $83.03 46.26% Tue 7/8/25
48
7 πŸ“ˆ47 $556.25 15.48% $84.75 49.29% Wed 7/9/25
49
7 πŸ“ˆ48 $555.45 15.32% $84.36 48.60% Thu 7/10/25
50
7 πŸ“ˆ49 $554.20 15.06% $83.72 47.47% Fri 7/11/25
51
7 πŸ“ˆ50 $556.21 15.47% $84.61 49.04% Mon 7/14/25
52
7 πŸ“ˆ51 $556.72 15.58% $84.83 49.43% Tue 7/15/25
53
7 πŸ“ˆ52 $557.29 15.70% $85.07 49.85% Wed 7/16/25
54
7 πŸ“ˆ53 $561.80 16.63% $87.05 53.34% Thu 7/17/25
55
7 πŸ“ˆ54 $561.26 16.52% $86.75 52.81% Fri 7/18/25
56
7 πŸ“ˆ55 $564.17 17.13% $88.07 55.13% Mon 7/21/25
57
7 πŸ“ˆ56 $561.25 16.52% $86.70 52.72% Tue 7/22/25
58
7 πŸ“ˆ57 $563.81 17.05% $87.84 54.73% Wed 7/23/25
59
7 πŸ“ˆ58 $565.01 17.30% $88.42 55.75% Thu 7/24/25
60
7 πŸ“ˆ59 $566.37 17.58% $88.92 56.63% Fri 7/25/25
61
7 πŸ“ˆ60 $568.14 17.95% $89.79 58.16% Mon 7/28/25
62
7 πŸ“ˆ61 $567.26 17.77% $89.38 57.44% Tue 7/29/25
63
7 πŸ“ˆ62 $568.02 17.92% $89.69 57.99% Wed 7/30/25
64
6 πŸ“ˆ63 $565.01 17.30% $88.21 55.38% Thu 7/31/25
65
5 πŸ“ˆ64 $553.88 14.99% $82.92 46.06% Fri 8/1/25
66
7 πŸ“ˆ65 $564.10 17.11% $87.46 54.06% Mon 8/4/25
67
6 πŸ“ˆ66 $560.27 16.32% $85.64 50.85% Tue 8/5/25
68
7 πŸ“ˆ67 $567.32 17.78% $88.84 56.49% Wed 8/6/25
69
7 πŸ“ˆ68 $569.24 18.18% $89.74 58.08% Thu 8/7/25
70
7 πŸ“ˆ69 $574.55 19.28% $92.16 62.34% Fri 8/8/25
71
7 πŸ“ˆ70 $572.85 18.93% $91.35 60.91% Mon 8/11/25
72
7 πŸ“ˆ71 $580.05 20.42% $94.72 66.85% Tue 8/12/25
73
7 πŸ“ˆ72 $580.34 20.48% $94.86 67.10% Wed 8/13/25
74
7 πŸ“ˆ73 $579.89 20.39% $94.60 66.64% Thu 8/14/25
75
7 πŸ“ˆ74 $577.34 19.86% $93.26 64.28% Fri 8/15/25
76
7 πŸ“ˆ75 $577.11 19.81% $93.14 64.07% Mon 8/18/25
77
6 πŸ“ˆ76 $569.28 18.19% $89.34 57.37% Tue 8/19/25
78
5 πŸ“ˆ77 $565.90 17.48% $87.71 54.50% Wed 8/20/25
79
5 πŸ“ˆ78 $563.28 16.94% $86.49 52.35% Thu 8/21/25
80
6 πŸ“ˆ79 $571.97 18.74% $90.38 59.20% Fri 8/22/25
81
6 πŸ“ˆ80 $570.32 18.40% $89.59 57.81% Mon 8/25/25
82
6 πŸ“ˆ81 $572.61 18.88% $90.63 59.64% Tue 8/26/25
83
7 πŸ“ˆ82 $573.49 19.06% $91.04 60.37% Wed 8/27/25
84
7 πŸ“ˆ83 $577.08 19.81% $92.70 63.29% Thu 8/28/25
85
5 πŸ“ˆ84 $570.40 18.42% $89.36 57.41% Fri 8/29/25
86
5 πŸ“ˆ85 $565.62 17.43% $87.08 53.39% Tue 9/2/25
87
6.5 πŸ“ˆ86 $570.07 18.35% $89.11 56.97% Wed 9/3/25
88
7 πŸ“ˆ87 $575.23 19.42% $91.52 61.21% Thu 9/4/25
89
7 πŸ“ˆ88 $576.06 19.59% $91.82 61.74% Fri 9/5/25
90
7 πŸ“ˆ89 $578.87 20.18% $93.13 64.05% Mon 9/8/25
91
7 πŸ“ˆ90 $580.51 20.52% $93.89 65.39% Tue 9/9/25
92
7 πŸ“ˆ91 $580.70 20.56% $93.99 65.56% Wed 9/10/25
93
7 πŸ“ˆ92 $584.08 21.26% $95.57 68.35% Thu 9/11/25
94
7 πŸ“ˆ93 $586.66 21.79% $96.76 70.44% Fri 9/12/25
95
7 πŸ“ˆ94 $591.68 22.84% $99.23 74.79% Mon 9/15/25
96
7 πŸ“ˆ95 $591.18 22.73% $98.96 74.32% Tue 9/16/25
97
7 πŸ“ˆ96 $590.00 22.49% $98.33 73.21% Wed 9/17/25
98
7 πŸ“ˆ97 $595.32 23.59% $100.98 77.88% Thu 9/18/25
99
7 πŸ“ˆ98 $599.35 24.43% $102.98 81.40% Fri 9/19/25
100
7 πŸ“ˆ99 $602.20 25.02% $104.72 84.46% Mon 9/22/25
101
7 πŸ“ˆ100 $598.20 24.19% $102.61 80.75% Tue 9/23/25
102
7 πŸ“ˆ101 $596.10 23.75% $101.41 78.63% Wed 9/24/25
103
6 πŸ“ˆ102 $593.53 23.22% $100.05 76.24% Thu 9/25/25
104
7 πŸ“ˆ103 $595.97 23.73% $101.25 78.35% Fri 9/26/25
105
7 πŸ“ˆ104 $598.73 24.30% $102.60 80.73% Mon 9/29/25
106
7 πŸ“ˆ105 $600.37 24.64% $103.40 82.14% Tue 9/30/25
107
7 πŸ“ˆ106 $603.25 25.24% $104.86 84.71% Wed 10/1/25
108
8 πŸ“ˆ107 $605.73 25.75% $106.14 86.96% Thu 10/2/25
109
7 πŸ“ˆ108 $603.18 25.22% $104.70 84.43% Fri 10/3/25
110
8 πŸ“ˆ109 $607.71 26.16% $107.04 88.55% Mon 10/6/25
111
7 πŸ“ˆ110 $604.51 25.50% $105.31 85.50% Tue 10/7/25
112
8 πŸ“ˆ111 $611.44 26.94% $108.88 91.79% Wed 10/8/25
113
7 πŸ“ˆ112 $610.70 26.79% $108.45 91.03% Thu 10/9/25
114
5 πŸ“ˆ113 $589.50 22.38% $97.07 70.99% Fri 10/10/25
115
4 πŸ“ˆ114 $602.01 24.98% $103.23 81.84% Mon 10/13/25
116
6 πŸ“ˆ115 $598.00 24.15% $101.13 78.14% Tue 10/14/25
117
6 πŸ“ˆ116 $602.22 25.02% $103.20 81.79% Wed 10/15/25
118
6 πŸ“ˆ117 $599.99 24.56% $102.05 79.76% Thu 10/16/25
119
7 πŸ“ˆ118 $603.93 25.38% $103.99 83.18% Fri 10/17/25
120
8 πŸ“ˆ119 $611.54 26.96% $107.89 90.05% Mon 10/20/25
121
7 πŸ“ˆ120 $611.38 26.93% $107.77 89.84% Tue 10/21/25
122
7 πŸ“ˆ121 $605.49 25.70% $104.60 84.25% Wed 10/22/25
123
7 πŸ“ˆ122 $610.58 26.76% $107.22 88.87% Thu 10/23/25
124
8 πŸ“ˆ123 $617.10 28.11% $110.56 94.75% Fri 10/24/25

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


TQQQ vs QQQ Holdings

TQQQ is outperforming 95% of QQQ holdings since day πŸ“ˆ1 of current uptrend (Thurs. May 1st 2025), including all of the Magnificent 7.

There is just a 5 in 100 (or 5%) chance of having picked QQQ holdings that outperformed TQQQ since day πŸ“ˆ1 of current uptrend (Thurs. May 1st 2025).

A B C D E
1
Market Cap Symbol %Chg since πŸ“ˆ1 Close on πŸ“ˆ1 Close
2
399,881 M QQQ 28.11% $481.68 $617.10
3
245,843 M MU 181.63% $77.77 $219.02
4
410,450 M AMD 161.69% $96.65 $252.92
5
52,363 M WBD 150.89% $8.43 $21.15
6
209,715 M APP 121.83% $279.49 $620.00
7
190,992 M LRCX 111.46% $71.73 $151.68
8
29,426 M TQQQ 94.75% $56.77 $110.56
9
182,442 M INTC 91.59% $19.98 $38.28
10
1,672,331 M AVGO 79.46% $197.33 $354.13
11
224,776 M SHOP 78.28% $97.01 $172.95
12
155,759 M KLAC 74.89% $676.31 $1,182.82
13
4,534,872 M NVDA 66.88% $111.61 $186.26
14
121,585 M CEG 61.75% $240.62 $389.19
15
3,143,472 M GOOGL 61.14% $161.30 $259.92
16
3,150,608 M GOOG 60.03% $162.79 $260.51
17
438,006 M PLTR 58.89% $116.20 $184.63
18
400,995 M ASML 54.95% $666.72 $1,033.10
19
1,442,474 M TSLA 54.61% $280.52 $433.72
20
182,232 M AMAT 53.56% $148.96 $228.75
21
180,795 M ARM 47.90% $115.40 $170.68
22
54,568 M DDOG 47.17% $106.32 $156.47
23
51,131 M ZS 42.25% $227.06 $323.00
24
50,078 M EA 38.41% $145.10 $200.84
25
72,528 M MRVL 38.03% $60.95 $84.13
26
34,092 M MCHP 37.39% $45.98 $63.17
27
51,271 M IDXX 35.95% $471.38 $640.85
28
110,280 M DASH 31.57% $196.20 $258.15
29
46,632 M BKR 30.70% $36.19 $47.30
30
1,854,865 M META 29.04% $572.21 $738.36
31
67,279 M CSX 28.53% $28.11 $36.13
32
20,739 M ON 28.06% $39.60 $50.71
33
190,176 M PDD 26.41% $105.97 $133.96
34
182,286 M QCOM 24.95% $135.21 $168.94
35
21,976 M BIIB 23.95% $120.93 $149.89
36
3,900,351 M AAPL 23.20% $213.32 $262.82
37
3,892,039 M MSFT 23.09% $425.40 $523.61
38
117,090 M ADI 22.85% $193.74 $238.01
39
132,334 M CRWD 22.10% $431.88 $527.32
40
279,214 M CSCO 21.52% $58.12 $70.63
41
55,253 M NXPI 20.52% $181.84 $219.16
42
57,775 M AXON 18.49% $621.10 $735.95
43
258,242 M AZN 18.13% $70.51 $83.29
44
2,391,180 M AMZN 17.88% $190.20 $224.21
45
150,063 M GILD 17.13% $103.25 $120.94
46
68,047 M MNST 17.09% $59.52 $69.69
47
146,955 M PANW 16.56% $186.27 $217.11
48
35,676 M GEHC 15.47% $67.67 $78.14
49
94,036 M CDNS 15.14% $299.73 $345.10
50
66,643 M ADSK 14.40% $273.49 $312.88
51
47,545 M XEL 14.19% $70.40 $80.39
52
207,220 M PEP 13.48% $133.55 $151.55
53
50,979 M ROST 12.83% $138.93 $156.75
54
52,588 M PCAR 11.53% $89.78 $100.13
55
73,652 M MAR 11.22% $243.95 $271.32
56
190,449 M INTU 9.61% $623.19 $683.09
57
47,062 M TTWO 8.48% $235.17 $255.12
58
42,224 M FANG 8.18% $134.83 $145.86
59
62,025 M AEP 7.85% $107.54 $115.98
60
153,675 M TXN 6.87% $158.26 $169.13
61
66,657 M PYPL 6.67% $65.41 $69.77
62
49,216 M FAST 6.23% $40.35 $42.87
63
193,736 M ISRG 5.67% $517.18 $546.51
64
97,859 M SBUX 4.98% $82.01 $86.09
65
82,371 M ORLY 3.65% $93.85 $97.27
66
78,360 M ABNB 3.21% $124.01 $127.99
67
48,515 M EXC 3.08% $46.60 $48.04
68
157,072 M AMGN 2.81% $283.78 $291.76
69
137,225 M HON 2.56% $210.74 $216.14
70
41,308 M CCEP 2.13% $89.54 $91.45
71
32,998 M CSGP 1.71% $76.58 $77.89
72
86,221 M SNPS 1.05% $459.36 $464.18
73
166,786 M BKNG 0.88% $5,101.43 $5,146.16
74
19,602 M GFS 0.40% $35.18 $35.32
75
27,580 M DXCM 0.10% $70.26 $70.33
76
209,134 M LIN -0.46% $448.05 $446.00
77
64,814 M WDAY -1.57% $246.61 $242.75
78
25,425 M TTD -2.00% $53.06 $52.00
79
61,255 M REGN -2.04% $590.00 $577.95
80
20,729 M CDW -2.61% $162.40 $158.16
81
463,856 M NFLX -3.42% $1,133.47 $1,094.69
82
147,983 M ADBE -5.63% $374.63 $353.52
83
109,563 M MELI -5.81% $2,294.52 $2,161.11
84
113,806 M ADP -5.94% $298.69 $280.94
85
413,105 M COST -6.70% $999.04 $932.14
86
76,688 M CTAS -8.93% $209.55 $190.83
87
28,608 M ODFL -9.59% $150.56 $136.12
88
33,143 M CTSH -9.80% $75.23 $67.86
89
78,633 M MDLZ -10.46% $67.87 $60.77
90
29,886 M KHC -11.40% $28.50 $25.25
91
243,577 M TMUS -11.83% $247.00 $217.77
92
73,282 M TRI -12.46% $185.74 $162.60
93
108,108 M CMCSA -13.42% $33.82 $29.28
94
51,525 M ROP -14.13% $557.59 $478.80
95
44,843 M PAYX -15.01% $146.61 $124.60
96
108,040 M VRTX -15.53% $498.86 $421.39
97
65,562 M FTNT -17.90% $104.21 $85.56
98
36,895 M KDP -20.21% $34.04 $27.16
99
32,825 M VRSK -20.23% $294.51 $234.94
100
82,997 M MSTR -24.25% $381.60 $289.08
101
43,219 M CPRT -26.18% $60.50 $44.66
102
42,812 M TEAM -29.00% $229.07 $162.64
103
21,128 M LULU -33.67% $268.60 $178.17
104
33,356 M CHTR -36.24% $383.00 $244.20

Assuming 3% for the risk-free rate, the Sharpe Ratio for this investment is 3.39.


TQQQ position opened at close on day πŸ“ˆ1 of current uptrend (Thurs. May 1st 2025) was up +50% OR MORE for a majority of the time (70 of 123 days, or 56.91% of the uptrend)

This position spent the most time in the following return ranges:

  • Up +50% to +60% 19.51% of the time (24 of 123 days)
  • Up +20% to +30% 14.63% of the time (18 of 123 days)
  • Up +80% to +90% 13.01% of the time (16 of 123 days)

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