So did you know that the NASDAQ Market is literally less than six percent away from being at all-time highs? What's going on guys? It's Ricky here with Techbook Solutions Hope that Israel all having an amazing Friday It looks like the NASDAQ Market is doing it again. NASDAQ is up 0.73 It is pulling back as of right now, but it's been holding above the EMA and I Wanted to ask you guys a very simple question: Do you think that the NASDAQ Market will surpass 2021's all-time highs? And look at this: I mean the Bulls are super bullish today? It's incredible. Almost frustrating, especially if you're not even invested in the NASDAQ market right now. But one of the things that I want to show you is previous all-time highs for the NASDAQ Market is 404.02 We currently are sitting around 380 to 14..

So that being said, I'm going to use my little trendline tool right here. From our current price point to previous all-time highs, it is about 5.6 percent away to surpassing previous all-time Highs. But I Wanted to show you guys something that was I think very unique I Think it might catch some of you guys by surprise if we look at T Kiki which is the triple leverage ETF Whoa right? I Mean let's do simple math: If Tqq is three times of whatever NASDAQ is right, whatever QQQ is, then if it offers about five percent five times six, Uh, five times three, we're talking about fifteen sixteen percent instead of the five or six percent, right? Let's average up at six percent. Six times.

three is eighteen. So when looking at this, Okay, so it should just be 18 to get the previous all-time highs? What the heck? we would need a 100 Roi on T QQQ to get back to previous all-time highs, you might be asking why? Well, again, this is something that we talk about in the Lpp. Lawson Library It's called path dependencies. Uh, and it's why it's so important.

Um, not only with triple over GTS but also something that adds to this is anytime something loses 50, it needs not just fifty percent to make it back, but it needs 100 recovery to make it back, right? So obviously something to take into into consideration. This is why we talk about risk management. Why we have such a big focus on that. Uh, because moments like this where markets are trying to make a full recovery are close to full recovery.

Yet you know if you thought something that was correlated to it was going to be right there with it? That's definitely not the case. And as we see with Tqs and with QQQ, it's definitely not the case. Uh, but when also looking at other companies I don't know if you guys have seen this right? Apple Stock is at, you know, all-time highs. It just recently hit highs of 190.

Four previous highs were 180, right? But then Amazon is far from all-time highs. Our previous all-time highs was 188.65 yet we're trading at 135.. When looking at Meta, we're relatively pretty close. looking at Microsoft surpassing previous highs already.

Google Far from previous highs, we're at 126. Previous all-time Highs are at 151, looking at Nvidia surpassing previous highs and looking at Tesla we're about halfway there from 4 14, 50 we're around 276. I Like looking at these things just to take into consideration of how the market is moving right. I Think a lot of people have really big hopes for the market I Mean it looks like like can the market make new all-time highs? Let's just take into consideration what's to come in the up and coming weeks, right? We have the Fomc meeting that's going to be released right before earnings, so you know there's a 96 probability according to this Federate monitor on Investing.com that the Federal Reserve will raise interest rates and normally the market reacts in a negative way.

It doesn't seem like the markets factored this in just yet because the market continues to rise. Yet, why would it be rising if we're about to raise interest rates, right? But then also we have up and coming earnings for big Tech This is going to come late July and again another reason on what can bring some form of volatility And one of the last things that I want to talk about is um, the uh, what's it called the rebalancing of the NASDAQ 100 something that we made a video about just a couple of days ago. If you guys haven't checked that out, um I uploaded that video I believe Two days ago and there it goes. We got our first sell signal on QQQ Let's see if we actually form lower lows and lower Highs but it looks like we're seeing a slight pullback.

And just to put into perspective, right, we need six percent to make it. uh, less than six percent to make it to all-time highs. If you look at what the market moved just this week, we're nearly there. Right from just lows to current highs, that is 5.2 percent.

So we would need another week like this week and the market would be at all-time highs. What a crazy time, right? Everything that was lost in 2022 for the NASDAQ Market is now supposedly back. It definitely doesn't feel that way, but that's where the market's at. So I Really do appreciate you guys time.

You guys, Let me know in the comment section if this makes sense to you. If you have any questions whatsoever I'd love to answer any questions you might have, just shoot me a direct message via Discord or via Instagram and that's the first or third link in the description down below. I Really do appreciate you guys time I Hope to see you guys for our next live trading session! I Do trade live every morning and if you want to be able to watch me trade live the next time I Go live That's the second link in the description down below. Like always, let's make sure that we're in the year on our green now.

take it easy team!.