$Invesco QQQ(QQQ)$ JP Morgan has a case for the S&P 500 reaching 9,000 by the middle of next year. Looks like the rally could continue beyond the midterms.
$Invesco QQQ(QQQ)$ Regretfully to report, there will be no peace deal announced this holiday weekend. According to the US President, the deal will need another 5 to 7 days to finalize. That said, the market may already be trading forward to this expectation. I expect QQQ pricing to trend up over the next few days, leading up to the announcement day. I conservatively estimate QQQ to be in the range of $747 to $763 by the time of the announcement. Good luck to all.
$Invesco QQQ(QQQ)$ Positive market news from the Gulf region, with broad gains attributed to the 'Imminent peace deal'. Markets in Qatar, Egypt, Oman, Kuwait, and Bahrain all posted solid gains of 2-3%. From what I'm seeing, investors in Dubai are anticipating the US market to be up 2-3% as well, with the NDX potentially gaining 700-800 points in the near term. Best of luck to the US markets.
$Invesco QQQ(QQQ)$ If Tokyo opens with any peace deal news, or if TACO has something going on, this thing could really take off. The target is still 31000 before July.
$Invesco QQQ(QQQ)$ Investors misjudged the effects of the conflict news, so the price range 721-723 hasn't been reached recently. However, analysts still predict that 723 will soon be a distant memory as the US is preparing to issue a 9-point framework agreement with positive peace news. The price target for QQQ is 748-753, likely upon the agreement announcement or in the near term.
$Invesco QQQ(QQQ)$ QQQ has strong support at the $700 level, which reminds me of the solid defense around $600 back then. With NVDA's strong earnings, I think it could be propelled into the $745-$765 range. If any peace deal is reached, I anticipate it could go to $825-$843.
$Invesco QQQ(QQQ)$ Every time the market drops, CNBC either brings in Dan Ives or reports on his view that NVDA can rally another 10-12% from here. It's become a bit of a pattern, which I find pretty funny.