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QQQ (Nasdaq 100) @ $179 QQQ3 (Nasdaq 100 x 3) @ $915

March 17, 2020

The last time I said to buy these two ETFs, which track the Nasdaq 100 has proved a disaster. Under pressure from the Covid-19 virus outbreak chunks of the global are shutting down. I don't know how it is all going to pan out. It's a major short-term setback but humans are resourceful creatures. We are surely going to get on top of this at some point. Trading results for many Nasdaq 100 companies are going to be affected but by the time they start reporting the news they may have something more cheerful to say about light at the end of the tunnel. If they do shares will be climbing again and recovery could be surprisingly swift.

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