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Shawn’s Trade Idea: Sell NASDAQ (NDQ) ETF

Following Nvidia’s solid earnings report this morning and subsequent +1.75% “pop” in the NASDAQ Futures, Shawn is taking profit on his NDQ ETF position as alluded to in this morning’s report. A classic case of “sell the fact”  after NVDA’s result.

  • In line with my neutral outlook through June, I no longer like the risk/reward towards the NDQ ETF ~$50.15
NDQ
Shawn’s Trade Idea: Taking profit on the NDQ ETF ~$50.15
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BetaShares NASDAQ 100 ETF (NDQ)
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