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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

Stocks rallied on Tuesday, driven by weaker PMI data and optimism over tech earnings, with the S&P 500, Nasdaq 100, and Dow Jones showing notable gains. The iShares Russell 2000 ETF saw significant growth. Visa Inc. and Tesla Inc. are among the companies anticipated to report earnings. The dollar and Treasury yields fell, while commodities like oil saw a slight increase. Stocks like Spotify Technology surged following earnings beats, with other companies also reacting to recent earnings reports.

Portfolio Pulse from Piero Cingari

April 23, 2024 | 5:33 pm

Major indexes have seen an increase as investors evaluate PMI and new home sales data, along with earnings reports from various sectors. Semiconductor stocks have rebounded after a decline on Friday.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 3:51 pm

The Arora Report indicates profitable hedges and semiconductor stabilization after a 17% drop, highlighting the sector's leading role and its central position in the AI revolution. Notable earnings from General Motors and Cadence Design Systems show mixed signals for the market. Early trade money flows are positive for several tech giants, neutral for Apple, and mixed for major ETFs. The article also discusses strategies for protection bands and portfolio adjustments in the current market environment.

Portfolio Pulse from The Arora Report

April 23, 2024 | 3:25 pm

The Market Clubhouse Morning Memo for April 23rd, 2024, provides a trade strategy for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. It offers detailed analysis for each asset, including potential price targets for bullish and bearish scenarios. The memo also highlights the importance of monitoring these stocks for breakouts or reversals and adjusting tactics accordingly. Additionally, it mentions upcoming economic data releases and earnings reports that could impact market volatility.

Portfolio Pulse from RIPS

April 23, 2024 | 2:17 pm

The Nasdaq 100, tracked by Invesco QQQ Trust, rose 1%, ending a three-day loss as tech stocks rebounded ahead of earnings reports from Tesla, Meta Platforms, Microsoft, and Alphabet. PDD Holdings and Nvidia led the rally, while the VanEck Semiconductor ETF also gained. UBS downgraded major tech stocks from Overweight to Neutral due to slowing earnings momentum, cautioning investors about the tech sector's outlook.

Portfolio Pulse from Piero Cingari

April 22, 2024 | 8:28 pm

Major indexes are trading higher, with NVIDIA rebounding after a recent dip in chip stocks.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 7:24 pm

U.S. stocks are set to break a six-day losing streak with major indices trading higher ahead of key earnings reports from Visa, Tesla, Meta Platforms, Microsoft, and Alphabet. Gold and silver prices dropped significantly, while Bitcoin rose above $66,000. The SPDR S&P 500 ETF Trust, SPDR Dow Jones Industrial Average, and Invesco QQQ Trust all saw gains. Ford Motor and Wolfspeed Inc. experienced notable stock movements due to upcoming earnings and activist investor actions, respectively. Informatica Inc. dropped after denying acquisition talks, and Cardinal Health fell following contract renewal news with UnitedHealth Group's OptumRx.

Portfolio Pulse from Piero Cingari

April 22, 2024 | 6:16 pm

The article discusses the significance of Nvidia (NVDA) in the AI market and its recent stock performance, highlighting a 21% drop from its peak. It also notes the importance of upcoming earnings from Tesla (TSLA), Meta (META), Microsoft (MSFT), and Alphabet (GOOGL/GOOG) for the stock market. Positive early trade money flows are observed in AAPL, AMZN, GOOG, META, NVDA, SPY, and QQQ, with neutral flows in MSFT and negative in TSLA. The article also mentions the buying of Bitcoin and selling of gold and oil in early trades.

Portfolio Pulse from The Arora Report

April 22, 2024 | 4:44 pm

The Market Clubhouse Morning Memo for April 22nd, 2024, provides a 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 specific price levels for each asset, suggesting potential breakouts or reversals. It also mentions significant US data releases and the Federal Reserve's quiet period, indicating a possibly subdued market today. The memo is part of exclusive content offered to Market Clubhouse members, curated by pro trader RIPS.

Portfolio Pulse from RIPS

April 22, 2024 | 2:13 pm

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:17 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.