FeesSafety
Pluang+

QQQ often rebounds strongly in November after October drops, with solid earnings and favorable valuations.

Market News
02 Nov 2026, 11:43 WIB
Seeking Alpha
View Source
Bullish
QQQ often rebounds strongly in November after October drops, with solid earnings and favorable valuations.

Historically, the Invesco QQQ Trust (QQQ) tends to deliver its best returns in November, often recovering quickly after October declines. This year, QQQ may experience three drawdowns of 10% or more, which is typical. Current S&P 500 fundamentals support this outlook, with Q3 earnings up 29.5% year-over-year and a forward price-to-earnings ratio of 18.7, below historical averages. Additionally, market volatility (VIX) usually decreases by 12% in November, further supporting a positive market trend and potential double-digit gains over the next 12 months, especially after midterm election uncertainties subside.

The QQQ after a -6.7% October offers context for readers following technology stocks, with Pluang's market snapshot as of Nov 02, 2026 17:02 WIB showing 107 of 150 priced Technology-sector US stocks rose today. Among them, CIFR gained 3.09% at USD 7.51 with a typical hold time of 16 days, while OKTA and STX rose nearly 3%, priced at USD 214.42 and USD 663.54 respectively, with hold times around 43-45 days. This contrasts with the broader October decline in QQQ, highlighting varied performance within the sector.

More News

LYVA debuts in Europe at EICMA 2026 with five electric mobility prototypes licensed from BMW.

LYVA debuts in Europe at EICMA 2026 with five electric mobility prototypes licensed from BMW.

LYVA, a premium intelligent mobility brand under LUYUAN Group, will make its European debut at the EICMA 2026 in Milan, showcasing five electric mobility prototypes including an electric cargo bike and an electric scooter licensed from BMW. These pro...

Market News
Bullish
1 hour ago
Bavarian Nordic completes first phase of DKK 750M share buyback, repurchasing shares worth DKK 250M.

Bavarian Nordic completes first phase of DKK 750M share buyback, repurchasing shares worth DKK 250M.

Bavarian Nordic A/S has completed the first phase of its share buyback program, repurchasing shares worth approximately DKK 250 million as planned. This is part of a larger buyback plan totaling up to DKK 750 million. The company now holds 4,664,037 ...

Company Fundamentals
Neutral
2 hours ago
Bavarian Nordic completes first tranche of DKK 250M share buy-back program

Bavarian Nordic completes first tranche of DKK 250M share buy-back program

Bavarian Nordic has completed the first tranche of its share buy-back program, purchasing shares worth approximately DKK 250 million as planned. This is part of a larger program aiming to buy back up to DKK 750 million in total. The company now holds...

Company Fundamentals
Bullish
2 hours ago
Admiral Group reports total voting rights at 305.25 million shares as of October 30, 2026.

Admiral Group reports total voting rights at 305.25 million shares as of October 30, 2026.

Admiral Group Plc announced that as of October 30, 2026, its total issued share capital consists of 305,254,676 ordinary shares, each with one voting right, totaling the same number of voting rights. There are no treasury shares held by the company. ...

Company Fundamentals
Neutral
3 hours ago
Global CPaaS market to exceed $50B by 2031, led by Infobip, Twilio, and Sinch.

Global CPaaS market to exceed $50B by 2031, led by Infobip, Twilio, and Sinch.

Juniper Research forecasts the global Communications Platform as a Service (CPaaS) market will more than double from $21 billion in 2026 to over $50 billion by 2031. Growth is driven by rising use of conversational AI, authentication, and new messagi...

Market News
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App