talking about sequences, $QQQ is now up for 11 days in row

$QQQ 8 days or more winning streaks , since 2000

with $QQQ gaining for 11 days in row in the season of longest streaks galore ( longest DJIA Tuesday winning streak , $DIA Jun Opex week after streak , $DIA non 3 day consecutive losing streak etc) , a look at historical returns for Power  Shares QQQ  ETF , when ever it gained for 8 or more consecutive days, we are taking 8 as the base to get a sizable sample . as there were only 4 four streaks of 11 or more consecutive gains , since 2000. #FYI , the longest winning streak for $QQQ was on 23 July 2009 , when it gained for 12 days in row .

Here are the trading odds for $QQQ longs with 1 day exit period after $QQQ gains for 8 or more days.

  • Winners : 12
  • Losers : 11
  • % Winners : 52%
  • Average Change % : 0.24
  • Median Change % : 0.02
  • Maximum Gain % : 2.21
  • Maximum Loss % : -2.78
  • Average Gain %if Winner : 0.87
  • Average Loss % if Loser : -0.55
  • Average Gain % / Average Loss % : 1.57
  • Average Absolute Change% : 0.59
  • Profit Factor : 2.03

Here are the trading odds for $QQQ longs with 5 trading  days exit period after $QQQ gains for 8 or more days.

  • Winners : 16
  • Losers : 4
  • % Winners : 80%
  • Average Change % : 1.10
  • Median Change % : 0.99
  • Maximum Gain % : 4.75
  • Maximum Loss % : -2.40
  • Average Gain %if Winner : 1.67
  • Average Loss % if Loser : -1.18
  • Average Gain % / Average Loss % : 1.42
  • Average Absolute Change% : 1.21
  • Profit Factor : 4.33

Here are the trading odds for $QQQ longs with 10 trading  days exit period after $QQQ gains for 8 or more days.

  • Winners : 14
  • Losers : 6
  • % Winners : 70%
  • Average Change % : 1.31
  • Median Change % : 1.23
  • Maximum Gain % : 5.58
  • Maximum Loss % : -4.11
  • Average Gain %if Winner : 2.35
  • Average Loss % if Loser : -1.11
  • Average Gain % / Average Loss % : 2.11
  • Average Absolute Change% : 1.42
  • Profit Factor : 4.43

Here are the trading odds for $QQQ longs with 20 trading  days exit period after $QQQ gains for 8 or more days.

  • Winners : 17
  • Losers : 3
  • % Winners : 85%
  • Average Change % : 2.07
  • Median Change % : 2.16
  • Maximum Gain % : 7.29
  • Maximum Loss % : -8.48
  • Average Gain %if Winner : 3.03
  • Average Loss % if Loser : -3.35
  • Average Gain % / Average Loss % : 0.91
  • Average Absolute Change% : 3.28
  • Profit Factor : 4.07

are you long term investor, whose horizon is for 2 months ?? if so

Here are the trading odds for $QQQ longs with 40 trading  days exit period after $QQQ gains for 8 or more days.

  • Winners : 16
  • Losers : 4
  • % Winners : 80%
  • Average Change % : 4.35
  • Median Change % : 4.24
  • Maximum Gain % : 11.12
  • Maximum Loss % : -7.82
  • Average Gain %if Winner : 6.26
  • Average Loss % if Loser : -3.28
  • Average Gain % / Average Loss % : 1.91
  • Average Absolute Change% : 4.70
  • Profit Factor : 5.72

ps: we do consider interleaving sequences ( for ex: consecutive 9 days in row gains are also considered as consecutive 8 days of gains) , as it allows the trader to average up to the winning bets ..

below the table with $QQQ 8 or more consecutive winning days in a row , since 2000.

$QQQ 8 or more winning streaks since 2000

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