Blog Post: Day 1 of new $QQQ short term up-trend, buying $TQQQ; 16 growth stocks hitting ATH on Tuesday, see the list, which includes $NVDA

With the new QQQ short term up-trend I am accumulating a little TQQQ. If this up-trend lasts, TQQQ is the way for me to ride it. TQQQ beats most stocks in an up-trend. The last QQQ short term up-trend lasted 42 days and TQQQ rose +34.9%, beating 95% of the Nasdaq 100 stocks and 99% of the S&P 500 stocks.  I will feel more confident of it if the up-trend reaches 5 days. With earnings season upon us, I think there is a good chance that it will. If it fails I will exit immediately.

Meanwhile here is the list of stocks on my IBD/MS watchlists that reached an ATH on Tuesday. The list is sorted by the last column, which measures today’s close/close 250 days ago. KGS did not exist 250 days ago and therefore returned a null result. Note that NVDA leads the pack, having more than tripled.