Bear Case for QQQ tomorrow:
I believe that the drop in the NASDAQ had absolutely nothing to do with bond yield or inflation. I feel like that is proven by the following:
I believe that the NASDAQ is actually dropping because of speculation on tech stocks, a prime example being TSLA. Stocks like TSLA have been pushed to unsustainably high levels, and now that the meme stock economy of retail investors have started focusing their attentions elsewhere, this bubble is exploding.
Incidentally, TSLA also started its free-fall drop after the GME short-squeeze.
For these reasons, I do not believe that the NASDAQ is going to go up significantly until, at the soonest, when stimulus checks are received by retail investors.
But I'm not 100% convinced. Talk me out of it.