Streetbeat News

QQQ

Invesco QQQ Trust

http://www.invesco.com/portal/site/us/investors/etfs/product-detail?productId=QQQ

Industry

Asset Management

To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index.

Open

508.40

Mkt cap

202B

Volume

32M

High

514.33

P/E Ratio

41.88

52-wk high

514.33

Low

508.34

Div yield

0.01

52-wk low

369.57

Wall Street exhibited caution on Tuesday as investors awaited key earnings from Microsoft, Alphabet, and AMD. The Federal Reserve Open Market Committee began its two-day meeting, with outcomes influencing market sentiment. Monday saw a rally in U.S. stocks, with major indices hitting new records. Analyst Tom Lee warned of a potential pullback after a parabolic move since October. Premarket trading saw slight declines in SPY and QQQ ETFs. Key economic data releases are expected, and several companies reported earnings with mixed results. F5, Inc. saw a premarket surge, while other companies like GM and Whirlpool also moved on earnings news.

Portfolio Pulse from Shanthi Rexaline

January 30, 2024 | 12:25 pm

US stocks saw modest gains on Monday, with the S&P 500 and Nasdaq 100 up slightly, while the Dow Jones was steady. Tesla rebounded 2.4%, SoFi surged over 17% on strong Q4 results, and Lucid jumped 20% on James Bond film rumors. Treasury yields dipped, boosting TLT. Gold prices rose, benefiting GLD, while crude oil prices fell. Major earnings reports and the Federal Reserve meeting are anticipated this week.

Portfolio Pulse from Piero Cingari

January 29, 2024 | 6:57 pm

The Market Clubhouse Morning Memo provides daily trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential bullish and bearish price levels for these assets and advises traders to stay alert for breakouts or reversals. The session is expected to be volatile with key earnings reports and the FOMC rate decision due this week. The memo is part of a service offering by RIPS, a professional trader, who provides insights and real-time mentorship to Market Clubhouse members.

Portfolio Pulse from RIPS

January 29, 2024 | 3:59 pm

Swaggy Stocks has released data on the top 10 trending stocks on WallStreetBets as of January 29, 2024. The list includes SOFI, NVDA, AMD, TSLA, AI, AMZN, MSFT, QQQ, SMCI, and UPS.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 2:21 pm

U.S. stocks are set for a mixed open as investors await a series of tech earnings and the Federal Reserve meeting. Big tech companies like Microsoft, Alphabet, Amazon, Meta Platforms, and Apple are reporting earnings, with AI-focused firms expected to perform well. Last week, stock indices gained, with the S&P 500 and Dow closing near record levels. The Fed is expected to maintain high rates, with Chair Powell likely to continue a tough stance on inflation. Futures are slightly up, with SPY and QQQ showing modest gains in premarket trading. Stocks like AMD, Boeing, and SoFi are in focus with upcoming earnings, while China Evergrande's liquidation adds to concerns about China's property sector.

Portfolio Pulse from Shanthi Rexaline

January 29, 2024 | 12:23 pm

The article discusses the recent tech rally, highlighting the performance of the QQQ index and Nvidia (NVDA). It suggests looking at other tech stocks like Salesforce (CRM) and Adobe (ADBE), which have also seen significant gains and are approaching all-time highs. Salesforce received an analyst upgrade and may raise subscription prices in 2024. Adobe's growth is outpacing DocuSign (DOCU), and both CRM and ADBE have potential to test new highs according to their chart setups.

Portfolio Pulse from Thrash Capital

January 26, 2024 | 7:34 pm

Stocks showed mixed performance despite mild inflation data, with the S&P 500 and Nasdaq 100 slightly down, while the Dow Jones edged higher. Personal spending growth outpaced expectations, raising concerns about the Fed's interest rate policy. Bitcoin rallied after hitting 1 million active addresses. Tech stocks and semiconductors fell, with Intel's weak forecast impacting the sector. American Express surged on a strong outlook, while other companies had varied reactions to earnings reports.

Portfolio Pulse from Piero Cingari

January 26, 2024 | 6:18 pm

The December Personal Consumption Expenditures (PCE) price index showed inflation at 2.6% annually, with core inflation at 2.9%, suggesting disinflationary trends. Economists predict the Federal Reserve may cut interest rates, with the current Fed Funds Rate being 2.3% above core PCE, the most restrictive since 2007. Treasury yields rose, causing a decline in bond ETFs like TLT, while stock performance was mixed. SPY and QQQ are aiming for continued positive sessions.

Portfolio Pulse from Piero Cingari

January 26, 2024 | 4:00 pm

Market Clubhouse Morning Memo provides daily trade strategy for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA based on a proprietary formula considering price, volume, and options flow. The memo outlines potential bullish and bearish price levels for each asset and advises traders to monitor these stocks for breakouts or reversals. The memo also notes the release of key economic data and suggests that larger funds may position trades ahead of the FOMC rate decision.

Portfolio Pulse from RIPS

January 26, 2024 | 3:16 pm

Swaggy Stocks has listed the top 10 trending stocks on WallStreetBets as of January 26, 2024. The stocks include Tesla (TSLA), NVIDIA (NVDA), Intel (INTC), Advanced Micro Devices (AMD), C3.ai (AI), PayPal (PYPL), Invesco QQQ Trust (QQQ), Apple (AAPL), SoFi Technologies (SOFI), and Boeing (BA).

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 2:17 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.