Schwab Network on $QQQ (Oct 27, 2026)
QQQ, tracking the Nasdaq index, has returned almost to last May's trading levels. If semiconductors break through, the index could rise about 20% by year-end; if this cycle breaks instead, a roughly 20% drop is highly probable, with QQQ possibly falling to around $591, about 17% lower.
Jump to any passage
We have seen the Nasdaq index return almost to its trading levels of last May. So , if semiconductors break through and take off, we could potentially see the Nasdaq index rise by about 20% by the end of the year as well.
The technology sector has done most of the hard work over the past two years , driving the S& P 500 and Nasdaq indices higher, and that's where the money will naturally go.
We have seen the Nasdaq index fall by about 19% in that cycle.
Therefore, there is a high probability of a roughly 20% drop in the Nasdaq index if this cycle breaks.
The Nasdaq index could fall to around $591, like the QQQ fund, for example, to around $591 per share. This is a decrease of approximately 17%.
What this channel has said about $QQQ
Schwab Network has 2 calls on this stock; only the adjacent ones are shown.