What Moneyvest said in this video:
- QQQbullishmid-termThe host argues history favors buyers at the current ~9.5% NASDAQ 100 drawdown, with a median ~72 trading days to recover from a 10% correction, and deeper dips offering better opportunities.Source
- SPYbullishmid-termHe cites that the S&P 500 has risen 19 of 19 times from a midterm-year October close to the following June since 1950, with a median gain of about 15%, supporting his buyer-friendly thesis.Source
- SOXXbullishmid-termCiting a midterm-year pattern where semiconductors rose 8 of 8 times from October to the following June with a median +22%, he says probabilities are quite high for SOXX and leveraged SOXL.Source
- QQQneutralshort-termHe lists triggers for aggressive buying: his index under 2.5 (now 2.94), VXN above 35, breadth under 30%, and P/E under 21; current levels are only a decent, not aggressive, buying opportunity.Source