Nasdaq 100 Surges, But Don’t Be Fooled: This Rally Has A Ceiling

The Nasdaq 100 (QQQ) is enjoying its third-best trading day in more than two years, surging over 3% higher on Wednesday. Headlines are buzzing, bulls are cheering, and some investors are wondering if this is the long-awaited end to the bear market that’s been gripping stocks since early 2025.

Let me be clear: it isn’t.

Let’s break down what’s driving this short-term rally, why it won’t last, and how to position for the next move.

This post originally appeared at Money Morning.