rovo
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Post by rovo on Jul 22, 2011 15:10:26 GMT -5
Rules: 1. Selection must be made prior to the opening bell on the first trading day of the week. 2. Selection may be changed up to the opening bell. 3. Starting price is the opening price on first trading day of week. 4. Ending price is closing price on last trading day of week. 5. No options or complex trading vehicles. Only stocks and ETFs.
To enter the game: List your stock's symbol, Long or Short, Company name, what the company does and why you like the selection.
Congratulations to last week's winner -- ModE
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ModE98
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Post by ModE98 on Jul 22, 2011 15:40:11 GMT -5
After last week's wild ride with CLNT, what could be trotted out of the stable for this week? Hmmm? Guess TPI might at least hold in the middle, so will saddle up TPI (long).
Tianyin Pharmaceutical Co., Inc. (NYSE Amex: TPI), a pharmaceutical company that specializes in the research, development and sale of patented biopharmaceutical medicine, modernized traditional Chinese medicine, branded generics and active pharmaceutical ingredients (API) today announced that the Company has shipped the first batch of Azithromycin API sample to RELATIONS International Ltd. for Bangladesh export standard test.
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uncle23
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Post by uncle23 on Jul 22, 2011 16:44:29 GMT -5
......
SOXL............long
i like the chart.........
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tyfighter3
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Post by tyfighter3 on Jul 22, 2011 17:11:53 GMT -5
I'll stick with ssn long.
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clarkrl2
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Post by clarkrl2 on Jul 23, 2011 21:49:43 GMT -5
HBAN (Huntington Bancshares - Regional Bank)
This week will likely be full of market moving catalysts but unfortunately I'm not smart enough to know whether it will be a net positive or negative. This stock meets the criteria I've been using for shorts. The price<5<15<50 SMAs, a bearish TRIX, a bearish DMI, and a bearish CCI. For fun I ran it through the Technical Analysis tool at Tradeking. It shows 6 short term bearish indicator and 3 short term bullish. The bearish are CCI Jul 15 and Jul 20, short term KST(know Sure Thing) Jul 15, the 4-9-19 triple moving average crossove Jul 15, MACD Jul 12, and price below 21 day moving average on Jul 11. The three bullish signals were fast stochastics Jul 20 and Jun 10 and Williams %R on Jul 1. They also show support at 6.10 which is just below the current price of 6.14.
Clearly I needed a bigger mojo bone than all of that so I ran their canned short term bearish technical scan for etfs only with an inbound trend duration of 5 days and the first on the screen was XLF which is the financial sector SPDR. I then looked at the short term technical analysis of XLF and there were 10 bullish and 9 bearish indicators but the one that put it so high on the short term bearish screen was the Jul 22 inside bar.
Next I went to youtube and listened to Peter, Paul, and Mary's Stewball. And that good folks is how I made this selection. Full disclosure I have no positon.
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Post by yclept on Jul 24, 2011 14:34:41 GMT -5
MAC short Clark's HBAN looks like a pretty bad stock to me, but I think this one is worse (I'm pretty sure he's saying he wants to go short on HBAN) At $56/sh it's probably too high priced to give the percent return that can win the contest, but I'll be happy this week if I just have a pick in the right direction. I think this week is going to be a real mess that will probably end up with a short-term "kick-the-can-down-the-road" extension of the debt limit; which should make the market go lower. Or else it will be a complete failure of anything that can pass by Aug 2, which should crash the market. I don't see any political resolution that should encourage world markets or our stock market. Ideally it would be a good time to short bonds with TBT, but regardless of how stupid, people still flock there when they panic. I'm beginning to think of treasury bond buyers as cattle following the Judas goat into the slaughterhouse. So anyway, despite the fact that my moving averages are slightly positive, I think the "safest" play is to short some POS that ought to fall regardless of what the rest of the market does, and I see MAC as qualifying in spades for that position.
Ratios & Statistics - Trailing Twelve Months P/E 234.92 PEG 3.27 Price/Revenue 9.36 Price/Cash Flow 27.41 Price/Book (MRQ) 2.54 ROA 0.48% ROE 1.37% Current Ratio (MRQ) NA Total Debt/Equity (MRQ) 1.35
Growth Rates 1 Year 3 Year 5 Year Revenue -1.86% -1.79% 2.82% EPS -85.98% -28.62% NA% Dividend -17.80% -7.47% -2.47%
Short Interest Information Current Month 6.66 Mil Previous Month 6.88 Mil Short Interest Ratio 7.86 Day
Pricing Data 52 Week Change +38.64% 52 Week Change Relative to SP500 +16.66% 52 Week High $56.50 Last Close $54.86 52 Week Low $38.39 % Return to reach 52W High +3.00% % Return to reach 52W Low -30.02% % Return from 52W Low +42.90% Volume Previous Day (vs 3 Month) (-48.41%) 472 K Avg Daily Vol 10 Days (vs 3 Month) (-19.40%) 737 K Avg Dail Vol 3 month 915 K Beta 2.64
Amazing Beta, p/e, peg, d/e, and a business I wouldn't want to be in if it was the last one on earth:
The Macerich Company is involved in the acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States. The Company is the sole general partner of, and owns interests in, The Macerich Partnership, L.P. As of December 31, 2010, the Operating Partnership owned or had an ownership interest in 71 regional shopping centers and 13 community shopping centers totaling approximately 73 million square feet of gross leasable area (GLA). These 84 regional and community shopping centers (Centers) and consist of consolidated Centers (Consolidated Centers) and unconsolidated joint venture Centers (Unconsolidated Joint Venture Centers). On January 28, 2011, the Company in a 50/50 joint venture, agreed to acquire the Shops at Atlas, a 400,000 square foot community center in Queens, New York.
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rovo
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Post by rovo on Jul 24, 2011 18:47:15 GMT -5
clarkrl2, I might have missed it but I don't know if you are going Long or Short on HBAN. Please advise before the market opens tomorrow.
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2kids10horses
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Post by 2kids10horses on Jul 24, 2011 18:59:21 GMT -5
Well, I have no clue whether the politics will work out this week or not. Doesn't matter, I'm a mechanical investor. And my mechanic says to stay long. We're right at resistance on the Nas100.
Anyway,
Long TQQQ, the 3x QQQ ETF.
(I have a really good chance of pulling a ModE this week. That is, being both the top performer and bottom performer at some time during the week.)
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clarkrl2
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Post by clarkrl2 on Jul 24, 2011 20:35:14 GMT -5
HBAN short
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architecto25
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Each birthday makes a man a little older...... the best way.
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Post by architecto25 on Jul 24, 2011 22:27:57 GMT -5
FTK (Flotek Industries Inc.) (Long)
closed Friday at $10.55 52 wk. high/low ....... $10.60 / $1.13. Made this high on Friday. P&F chart. Ascending triple top breakout on 19 July 2011 Based in Houston,Texas; 312 employees. The company is a global supplier of drilling & production related products and services to the oil and gas industry. This stock got as low as $.96 in Dec. 2009, so it's already been a 10 bagger. I spent an enormous am't. of time & reseach to select this one ..LOL... "I walked up to the barn, and asked out loud: Any of you horses want to race tomorrow; and Flotek finally got on his feet and said; "I do".. and I told him to be at the starting gate no later than 8:30am... because everyone else has already picked really fast horses.
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Bluerobin
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Post by Bluerobin on Jul 25, 2011 6:12:52 GMT -5
BGS, long. When in doubt, go with food. B&G foods makes great pickles and other foods.
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bimetalaupt
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Post by bimetalaupt on Jul 25, 2011 6:43:58 GMT -5
NXPI again... This time again LONG.. Word on the street.. AAPL to use Field effect chips for bill paying none swipe .. Hot Field.. new to brake this week.. Could AAPL just buy the whole Deal..Cold rock Spin off from Phillips Friday close 22.74 Up from 21.60
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rovo
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Post by rovo on Jul 25, 2011 8:19:54 GMT -5
I expect the market to be unsettled this week and I'm very hesitant to even define a market direction for the week. As such I'm going to stick with a stock likely to rise or at least hold steady during the week. I'm sticking with AAPL for another week.
rovo Long AAPL
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rovo
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Post by rovo on Jul 25, 2011 8:47:35 GMT -5
This week's selections and opening prices are: Player | L or S | Symbol | $ Open | $ Close | % Close |
[/b][/tr] [tr][td] ModE [/td][td] L [/td][td] TPI [/td][td] $1.65 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr] [tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $91.06 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr] [tr][td] uncle.23 [/td][td] L [/td][td] SOXL [/td][td] $43.16 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr] [tr][td] Bluerobin [/td][td] L [/td][td] BGS [/td][td] $20.92 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr] [tr][td] tyfighter3 [/td][td] L [/td][td] SSN [/td][td] $2.98 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr] [tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $390.35 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr] [tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $59.13 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr] [tr][td] clarkrl2 [/td][td] S [/td][td] HBAN [/td][td] $6.07 [/td][td] $0.00 [/td][td] 100.00% [/td][/tr] [tr][td] D.I. [/td][td] L [/td][td] WHR [/td][td] $71.97 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr] [tr][td] architecto25 [/td][td] L [/td][td] FTK [/td][td] $10.41 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr] [tr][td] yclept [/td][td] S [/td][td] MAC [/td][td] $54.25 [/td][td] $0.00 [/td][td] 100.00% [/td][/tr] [tr][td] bimetalaupt [/td][td] L [/td][td] NXPI [/td][td] $22.32 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr][/table]
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2kids10horses
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Post by 2kids10horses on Jul 25, 2011 8:54:20 GMT -5
What? No SBS entry?
I guess for once we'll have a "fair" race! (Or at least, no one to blame our results upon!) LOL!!!
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Post by mtntigger on Jul 25, 2011 9:54:00 GMT -5
I was late and tired and <insert other crappy excuses>. So, I decided that I'm just going to knock the jockey off the winning horse on Friday afternoon. By then, I should be well rested enough to finish.
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architecto25
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Post by architecto25 on Jul 25, 2011 12:12:34 GMT -5
If I checked the graphs correctly....all 12 contest entrys have a lower opening than their Friday close. Maybe we should start racing bears in lieu of horses......
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rovo
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Post by rovo on Jul 25, 2011 15:07:16 GMT -5
ModE is on some sort of hot streak here and is again in first place. Player | L or S | Symbol | $ Open | $ Close | % Close |
[/b][/tr] [tr][td] ModE [/td][td] L [/td][td] TPI [/td][td] $1.65 [/td][td] $1.70 [/td][td] 3.03% [/td][/tr] [tr][td] tyfighter3 [/td][td] L [/td][td] SSN [/td][td] $2.98 [/td][td] $3.05 [/td][td] 2.35% [/td][/tr] [tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $390.35 [/td][td] $398.50 [/td][td] 2.09% [/td][/tr] [tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $91.06 [/td][td] $92.82 [/td][td] 1.93% [/td][/tr] [tr][td] clarkrl2 [/td][td] S [/td][td] HBAN [/td][td] $6.07 [/td][td] $6.02 [/td][td] 0.82% [/td][/tr] [tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $59.13 [/td][td] $59.48 [/td][td] 0.59% [/td][/tr] [tr][td] yclept [/td][td] S [/td][td] MAC [/td][td] $54.25 [/td][td] $54.32 [/td][td] -0.13% [/td][/tr] [tr][td] D.I. [/td][td] L [/td][td] WHR [/td][td] $71.97 [/td][td] $71.78 [/td][td] -0.26% [/td][/tr] [tr][td] architecto25 [/td][td] L [/td][td] FTK [/td][td] $10.41 [/td][td] $10.32 [/td][td] -0.86% [/td][/tr] [tr][td] uncle.23 [/td][td] L [/td][td] SOXL [/td][td] $43.16 [/td][td] $42.78 [/td][td] -0.88% [/td][/tr] [tr][td] Bluerobin [/td][td] L [/td][td] BGS [/td][td] $20.92 [/td][td] $20.73 [/td][td] -0.91% [/td][/tr] [tr][td] bimetalaupt [/td][td] L [/td][td] NXPI [/td][td] $22.32 [/td][td] $21.82 [/td][td] -2.24% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr][/table]
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ModE98
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Post by ModE98 on Jul 25, 2011 15:23:29 GMT -5
Not to worry, it will not last long.
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Bluerobin
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Post by Bluerobin on Jul 25, 2011 15:48:17 GMT -5
I see SBS waiting at the final turn waiting to steal Mod's ride!
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Post by mtntigger on Jul 25, 2011 15:52:29 GMT -5
HA! Mod is only up 3% on day 1... that's not nearly enough for me to commit to one horse yet, especially to one of Mod's crazy horses. Heck, since I'm going to cheat, I want to make sure it's worth it.
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ModE98
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Post by ModE98 on Jul 25, 2011 16:13:43 GMT -5
SBS, track security has been notified to watch your movements around the track this week. Any suspicious conduct will be noted. You will be taken in to custody if you try to invoke mayhem near to Friday's close. Knocking off jockeys from their horses is strictly prohibited.
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ModE98
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Post by ModE98 on Jul 26, 2011 15:08:12 GMT -5
See. told you it would not last. Horse had a falter today and slowed way down. Wonder if SBS had anything to do with it? Since she is not entered this week, could not be from a lash on the nose from that wild whip she wields. Oh well, may stay down a bit rest of the week.
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rovo
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Post by rovo on Jul 26, 2011 15:11:20 GMT -5
Day 2 and rovo slips into the lead. 2&10 looks like the winning horse this week. Player | L or S | Symbol | $ Open | $ Close | % Close |
[/b][/tr] [tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $390.35 [/td][td] $403.41 [/td][td] 3.35% [/td][/tr] [tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $91.06 [/td][td] $93.33 [/td][td] 2.49% [/td][/tr] [tr][td] uncle.23 [/td][td] L [/td][td] SOXL [/td][td] $43.16 [/td][td] $43.85 [/td][td] 1.60% [/td][/tr] [tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $59.13 [/td][td] $59.63 [/td][td] 0.85% [/td][/tr] [tr][td] clarkrl2 [/td][td] S [/td][td] HBAN [/td][td] $6.07 [/td][td] $6.06 [/td][td] 0.16% [/td][/tr] [tr][td] tyfighter3 [/td][td] L [/td][td] SSN [/td][td] $2.98 [/td][td] $2.98 [/td][td] 0.00% [/td][/tr] [tr][td] yclept [/td][td] S [/td][td] MAC [/td][td] $54.25 [/td][td] $54.29 [/td][td] -0.07% [/td][/tr] [tr][td] D.I. [/td][td] L [/td][td] WHR [/td][td] $71.97 [/td][td] $71.63 [/td][td] -0.47% [/td][/tr] [tr][td] architecto25 [/td][td] L [/td][td] FTK [/td][td] $10.41 [/td][td] $10.29 [/td][td] -1.15% [/td][/tr] [tr][td] bimetalaupt [/td][td] L [/td][td] NXPI [/td][td] $22.32 [/td][td] $22.02 [/td][td] -1.34% [/td][/tr] [tr][td] ModE [/td][td] L [/td][td] TPI [/td][td] $1.65 [/td][td] $1.61 [/td][td] -2.42% [/td][/tr] [tr][td] Bluerobin [/td][td] L [/td][td] BGS [/td][td] $20.92 [/td][td] $20.32 [/td][td] -2.87% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr] [tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr][/table]
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ModE98
Administrator
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Joined: Dec 20, 2010 16:11:39 GMT -5
Posts: 4,441
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Post by ModE98 on Jul 26, 2011 15:21:47 GMT -5
Well, Ole" Blue, here we are again! But no SBS to keep us company.
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Post by mtntigger on Jul 26, 2011 15:23:44 GMT -5
I'm totally innocent... so far this week anyway (nope, nobody is in the lead significantly enough for me to cheat yet). Mod - it's not me; you are the one who chooses to ride those wild horses.
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2kids10horses
Senior Member
Joined: Dec 20, 2010 20:15:09 GMT -5
Posts: 2,759
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Post by 2kids10horses on Jul 26, 2011 15:40:45 GMT -5
rovo,
$93 for TQQQ is like $400 for AAPL. (Resistance.) Well, maybe not.
TQQQ has been at $93 before and fell back. Whereas AAPL is just overcomming "round figure" resistance. No one has ever bought AAPL at these levels before and is waiting to sell to get back even.
I think you will have an easier time breaking loose from $400 than TQQQ will from $93.
Of course, who knows how ModE will finish the week! He could be wearing the roses as easily as the eggs that SBS is sure to throw!
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ModE98
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Post by ModE98 on Jul 26, 2011 15:42:25 GMT -5
Ok, SBS, will take you at your word. But riding wild horses is a thrill... end up anywhere. Might even jump the rail and start grazing on infield grass. It's the China experiment and I have to remain true to the testing procedure.
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2kids10horses
Senior Member
Joined: Dec 20, 2010 20:15:09 GMT -5
Posts: 2,759
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Post by 2kids10horses on Jul 26, 2011 15:55:08 GMT -5
OK, SBS, don't throw eggs at ModE.
Throw egg rolls instead!
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rovo
Senior Member
Joined: Dec 18, 2010 14:20:19 GMT -5
Posts: 3,628
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Post by rovo on Jul 26, 2011 16:09:20 GMT -5
2&10, The Qs set a new 52 week high today and closed a bit off that value. If a debt deal is announced before the market closes on Friday, then I suspect a rally and your 3X QQQ will be hard to beat.
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