Blue Chips Far Below Highs: Rebound Watchlist

Several large, cash-generative franchises trade well below their 52-week highs while the Nasdaq-100 ETF (QQQ) sits near its high. Each still has a dominant position and positive free cash flow. This basket bets that the gap between the market and these leaders narrows, and that earnings catalysts can start the reratings. Forward multiples are modest for most of the names. Launch basket (equal weight): NFLX, QCOM, MCD, NKE, CAT, BKNG, IBM, UBER Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.