$Invesco QQQ(QQQ)$ Into the stratosphere, nothing can stop the dip buyers. Last night, futures traders couldn't touch it – it was all sell, sell, sell. Tonight, those same traders just can't get enough.
$Invesco QQQ(QQQ)$ The consolidation phase appears to be over. The next breakout is likely about to begin. The catalyst could be MU's earnings on Wednesday. Just a reminder, no one would want to miss out on another strong earnings report from MU. This could mark a significant shift for QQQ, moving from $734 to $835 within a week of trading.
$Advanced Micro Devices(AMD)$ Looking pretty good here. It's a healthy pullback after breaking out of the bullish channel, kind of like filling the gap from yesterday's jump. Volume was also way lower than yesterday's and obviously below the average daily volume. I'd be concerned if volume spiked, but this just looks like a low-volume price dip. I'm not inclined to go short as long as price stays above the 50-day SMA.