The ProShares UltraPro QQQ ETF (TQQQ) closed on January 21st up 1.66% to $84.52, buoyed by a positive market response to President Trump's initial executive actions and a rally in technology stocks. The Nasdaq 100, which TQQQ tracks, rose 0.58% to 21,566.51, driven by investor optimism over potential economic benefits from deregulation and fiscal spending under the new administration. Notably, major tech stocks like Amazon and Nvidia saw gains exceeding 2%, contributing to the index's upward momentum. The market's positive sentiment was further supported by a decline in bond yields, with the 10-year Treasury yield falling to 4.57%, enhancing the appeal of equities. Additionally, the absence of immediate tariffs on China and a softer stance on trade policies provided relief to investors, fostering a risk-on environment.