TQQQ Surges 6.86% in One Day; Is Now the Time to Buy Again?

The U.S. stock market has rebounded again. On November 11, the Nasdaq rose 1.60%, and the TQQQ closed at $60.44, up 6.86%.

Artificial intelligence (AI) was at the center of this rebound. Buying pressure flowed into tech stocks across the board as AI cloud company Coreweave surged approximately 25%.

However, just a few days ago, on November 5, the TQQQ fell 18.92% in a single day. This figure demonstrates just how significant the recent market volatility has been.

The TQQQ is a product that tracks the daily return of the Nasdaq 100 at three times the leverage. While it can rise by nearly 7% in a single day, it can also result in massive losses just as quickly.

On days like this, I examine where my current valuation and the pool I plan to use for the next purchase lie on the V-band.

There is no need to rush into buying just because the stock price has risen significantly, nor is there a need to buy blindly just because it has fallen sharply.

The important thing is to keep cash on hand so that you can respond according to plan even if the next downturn comes.

While the direction of the market is difficult to predict, you can predetermine the cash you will use and your buying criteria.

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