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

502.94

Mkt cap

195B

Volume

50M

High

503.31

P/E Ratio

40.49

52-wk high

515.58

Low

494.50

Div yield

0.01

52-wk low

382.66

The article discusses the recent investor day at JPMorgan Chase & Co (JPM) and CEO Jamie Dimon's comments on the stock's overvaluation, leading to a sell-off by smart money. It also covers earnings reports from Lowe's (LOW), Macy's (M), and Palo Alto Networks (PANW), as well as early trade money flows in major tech stocks and ETFs. Additionally, it touches on gold, oil, and bitcoin market activities.

Portfolio Pulse from The Arora Report

May 21, 2024 | 2:34 pm

The Market Clubhouse Morning Memo for May 21st, 2024, provides a detailed analysis of SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines key price levels and potential bullish and bearish scenarios for each asset. The memo also notes that today's session may see increased volatility due to multiple Fed speakers.

Portfolio Pulse from RIPS

May 21, 2024 | 2:21 pm

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:19 pm

Wall Street is expected to open mostly flat as traders await Nvidia's earnings and several Fed speeches. Bitcoin surged above $71K on Ethereum ETF approval speculation. Key stocks in focus include Nvidia, Palo Alto Networks, Zoom Video Communications, Lowe's, AutoZone, Macy's, Toll Brothers, Viasat, and Urban Outfitters.

Portfolio Pulse from Shanthi Rexaline

May 21, 2024 | 11:14 am

Wall Street saw major indices reach new record highs, with the S&P 500, Nasdaq 100, and Dow Jones all posting gains. Gold hit a new all-time high, while cruise stocks rallied significantly. GameStop saw a sharp decline. Key movers included Moderna, Jabil, Hims & Hers Health, and Wix.com. Several companies are set to report earnings after the market close.

Portfolio Pulse from Piero Cingari

May 20, 2024 | 5:34 pm

The article discusses the breakout of metals such as silver, gold, and copper, and highlights the performance of various ETFs and stocks. It also mentions the shift in market sentiment as Wall Street's last bear changes his outlook. Additionally, it provides insights into money flows in major tech stocks and ETFs, and offers investment advice on protection bands and bond allocations.

Portfolio Pulse from The Arora Report

May 20, 2024 | 3:00 pm

U.S. index futures are modestly higher ahead of Federal Reserve speeches, with Nvidia's upcoming earnings report being a key focus. The SPDR S&P 500 ETF Trust and Invesco QQQ ETF showed slight gains in premarket trading. Li Auto fell, while Wix.com jumped on earnings. Analysts remain positive about the market's near-term outlook, driven by themes like AI, tech, and consumer spending.

Portfolio Pulse from Shanthi Rexaline

May 20, 2024 | 11:48 am

The article discusses the 'picks and shovels' strategy for investing in artificial intelligence, highlighting Applied Materials (AMAT) as an example. It also covers early trade money flows in major tech stocks and ETFs, and provides insights on gold, oil, and Bitcoin. Additionally, it offers advice on protection bands and the traditional 60/40 portfolio.

Portfolio Pulse from The Arora Report

May 17, 2024 | 2:51 pm

Wall Street remains cautious as concerns about rising interest rates persist. Traders are looking for catalysts to propel the market higher, with meme stocks potentially providing support. Major indices are on track to close the week with gains, despite mixed economic data. Key stocks in focus include SPDR S&P 500 ETF Trust (SPY), Invesco QQQ ETF (QQQ), Walmart (WMT), Take-Two Interactive Software (TTWO), Doximity (DOCS), DXC Technology (DXC), GameStop (GME), AMC Entertainment (AMC), and Robinhood Markets (HOOD).

Portfolio Pulse from Shanthi Rexaline

May 17, 2024 | 11:12 am

The Dow Jones Industrial Average surpassed 40,000 points, marking a historic milestone. Chinese tech stocks, represented by the KraneShares CSI China Internet ETF (KWEB), reached 15-month highs. Meme stocks like GameStop (GME) and AMC Entertainment (AMC) experienced significant declines. Walmart (WMT) surged 6.5% after strong earnings, while Coinbase (COIN) fell over 8% amid a broader cryptocurrency market drop. Berkshire Hathaway's purchase of Chubb Limited (CB) shares led to a 4% rise in CB's stock.

Portfolio Pulse from Piero Cingari

May 16, 2024 | 5:44 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.