Analysts tracking ETF rebalancing mechanics note that high volatility periods can skew the SQQQ stock price forecast, amplifying moves beyond fundamental expectations. QQQ, the tech-heavy Invesco QQQ Trust soared 1.5% after the open on Tuesday. MAGS, the Roundhill Magnificent Seven ETF which holds the "Magnificent Seven" stocks rose roughly 1.6%. Smart Portfolio is supported by our partner TipRanks. By connecting my portfolio to TipRanks Smart Portfolio I agree to their Terms of Use . The SQQQ stock price forecast remains highly reactive to macro data prints. Softer-than-expected job numbers might ease pressure on tech, dampening SQQQ rally attempts.