No qualifying author-owned investment thesis was confirmed in this post.
The author describes a technical pattern based on historical price action rather than a fundamental investment thesis or business catalyst.
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This is obviously not a pattern that will last forever but everyday this month, except for a few days, QQQ hits an initial bump right after the market opens and then drops back down around 10:30 am - almost exactly 10:30 - and then goes up for at least two hours if not more. I just started doing 0DTE but if i had purchased at 10:30 a.m. everyday this month (except a couple days) i would have made a decent amount of money. I am up almost four grand from the past couple days. Just figured i would share.. edit: i just went back through april and there is very few days that i would have lost money with calls between 10:30 and 12:30.