QQQ Stuck at Same Level Despite July Forecasts of New Bull Market
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In July, QQQ was $365; now still at $365 despite talk then of a "new bull market"
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Author said in July that market would likely be a rollercoaster for years due to higher rates
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Back then, no one asked about impact of 4%+ rates; focus was on "new bull market"
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Author doesn't think this is a new bull market; wants sentiment to shift away from year-end rally
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Market should pull back and rally again; watching for increase in stocks at new lows