Growth stocks like QUBT surged after the Federal Reserve cut interest rates
Schaeffer's Expiration Week Countdown subscribers are not missing out on quantum computing buzz. They just scored a massive 308% gain thanks to our Quantum Computing Inc (NASDAQ:QUBT) September 17 call recommendation. Let's take a look at how this winning trade played out below.
At the time of our recommendation on Sept. 13, QUBT had just conquered its 50-day moving average and year-to-date breakeven level. Shares had retraced 38% of their 2025 low and highs, as well as May resistance-turned support level at the $14 level.
Short interest had been declining since July, yet 19.5% of the stock’s total available float was still sold short. In the options pits, there was stacked call open interest (OI) above, which we believed could act as a magnet overhead. Premium was cheap, too, per QUBT’s Schaffer's Volatility Index (SVI) that sat in the 18th percentile of its annual range.
The security initiated its rally shortly after our recommendation, stringing together four consecutive gains. This included a 26.8% bull gap to a 2025 peak of $23.98 on Friday, which came after the Federal Reserve cut interest rates, sparking a rotation back into the tech sector. QUBT took a breather yesterday, but Schaeffer's subscribers pocketed their 308% gain when they closed their positions after Friday's surge.
