🟢 TQQQ is trading 6.6% up today as tech stocks extend gains on strong earnings and lower oil prices

TQQQ is trading 6.6% higher today as growth and technology stocks extend a rally driven by strong earnings and falling oil prices.

• Strong results from mega-cap leaders like Amazon and Microsoft, along with other AI-linked names, are fueling the Nasdaq-100's momentum.
• Easing Middle East tensions and a constructive interest rate backdrop are further supporting risk appetite for leveraged tech instruments.
• The move is being amplified by the ETF's 3x leverage as the Nasdaq-100 continues its upward trajectory following solid macro data.