QQQ was down nearly 3.5% after a 1% decline as hosts cited rare historical gaps

The hosts noted that QQQ was down nearly 3.5% after falling 1% the previous day. They cited a compilation by the Odd Stats account: in QQQ’s history, a Friday opening gap down of 2.5% or worse had occurred only a handful of times. They listed June 2002, October 2008, two instances early in the COVID-19 pandemic, and “Liberation Day”; the hosts also said a similar move had occurred three times in 2017. One host added that investors should keep a margin of safety—an opinion, not a market forecast.