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Barchart
Barchart
Rob Isbitts

What Happens Next After the QQQ ETF’s 3% Single-Day Move? Here’s What History Tells Us.

What a party the market had on Tuesday, March 31! The Nasdaq 100 ETF (QQQ) jumped 3.8%, then tacked on more gains Wednesday. 

As this chart shows us, that brought QQQ’s price all the way back… to where it traded late last week. So that got me thinking: what does a 3% jump in a day from the sexiest ETF in history typically suggest will happen next?

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