Happy New Year of QQQ Trading!

First day of trading in 2023

New year, same economic downturn. Nothing has changed for the new year. Consumer continues to slow in their purchasing. The Fed still indicates higher rates.

I’m still in SQQQ at $53.60. Will reset my trailing stop after the kids get out of the kiddy pool (after 9 am central). Depending on the VXN, I’ll set them between-2% to -3% below.

I’ll update with changes in the coming hours.

Live Loud!

Trent

P.S. Prayers to the Block family. Ken was a blessing to the world.