What if we waited too long to start a race and the other racers already started? We might have to start slower to catch up with everyone else or even start the race in a different place, like a few steps behind. That's kind of like what's happening with the first Fed meeting. If we wait too long to start something, we might have to start slower or differently. In this case, we're waiting to see if the growth stocks, like NVDA and META, will start doing better. If they don't, we might have to look for other stocks to invest in that are doing better. Like in option 3, where we might have to look at more defensive stocks because we're worried about a recession. That's why the QQQ is in a rangebound triangle pattern, because we're not sure which direction to go yet. We need to see how things play out before we can make a good decision. Read from source...

Articles from various contributors or authors published by Benzinga may not represent the views or opinions of Benzinga or its editorial staff. The accuracy and completeness of news and data is not guaranteed. The authors and contributors may have a conflict of interest and may not disclose or disclose adequately their financial interests or affiliations. Benzinga should disclose its own financial interests or affiliations. There may be errors, omissions, inaccuracies, or outdated information in the articles, and readers should verify the information or seek advice from professionals. The opinions or ideas expressed in the articles may not reflect the majority or consensus views, and readers should not rely solely on the articles for making decisions or taking actions. The articles should be used for educational or informational purposes only and should not be construed as financial advice. Any action or inaction based on the information or advice in the articles is the reader's sole responsibility. The articles do not constitute a solicitation, offer, or recommendation to buy or sell securities, and the reader should conduct their own due diligence and analysis before making decisions or taking actions. The reader should also consult with a financial professional before making decisions or taking actions based on the information or advice in the articles. The reader should also note that the articles may contain affiliate links or advertisements, and Benzinga may receive compensation for any purchases or actions taken through those links or advertisements. Benzinga should disclose the existence of such links or advertisements and the compensation received. The reader should also note that the articles may contain sponsored content or advertisements, and the content or advertisements may not reflect the views or opinions of Benzinga or its editorial staff. Benzinga should disclose the existence of such content or advertisements and any financial interests or affiliations related to the content or advertisements.

bullish

### AI:
Sentiment: Bullish

The article discusses four potential scenarios for the Nasdaq 100 index in the coming weeks. These include a bullish scenario where the index achieves new all-time highs, a mildly bullish scenario where other sectors such as financials and industrials surge higher, a mildly bearish scenario where investors become more defensive, and a super bearish scenario where growth stocks rotate lower and risk-off plays shine brightest. The author provides estimated probabilities for each scenario, with the mildly bullish scenario having the highest probability at 30%. The article's overall sentiment is bullish, as it explores various scenarios for index growth rather than focusing on potential market declines.

limited upside as investors await first fed cut: here's my most likely scenario for qqq by david keller, benzinga contributor (september 17, 2024 8:45 am).

This article discusses four potential outcomes for the nasdaq 100 index, including a mildly bearish scenario, a super bearish scenario, a mildly bullish scenario, and a very bullish scenario. The author assigns probabilities to each scenario, ranging from 10% to 45%. The article also provides insights into the market conditions that could cause each scenario to unfold and reviews the signals, patterns, and indicators that would confirm the scenario.

Investors can use this information to manage risk and make informed investment decisions based on their individual financial situations. However, the author notes that investors should consult a financial professional before making any investment decisions.

Overall, this article provides valuable insights into the current state of the market and potential future scenarios. By considering all four scenarios, investors can prepare for different market outcomes and adjust their investment strategies accordingly.