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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

Edward Snowden highlighted Warren Buffett's investment success, contrasting it with the stock performance of members of Congress like Dan Meuser, Nancy Pelosi, and others. He pointed out that while Berkshire Hathaway has seen an average annual return of 20.0%, some Congress members have shown higher returns. Additionally, the Invesco QQQ Trust Series 1, tracking the Nasdaq 100, has outperformed with a 50.74% return over one year. Snowden's comments come amid discussions on congressional stock trading activities.

Portfolio Pulse from Benzinga Neuro

April 01, 2024 | 3:30 am

U.S. equity indices were steady as traders reassessed interest rate cut expectations following comments from Fed Governor Christopher J. Waller. The U.S. GDP for Q4 was revised up to 3.4%, and gold reached new highs at $2,225 per ounce. Bitcoin rebounded beyond $70,700. The iShares Russell 2000 ETF outperformed large-cap indices. Stocks like Newmont Corp., Barrick Gold Corp., and Agnico Eagle Mines rallied with gold prices. Nikola Corp. surged on short squeeze rumors, and Estée Lauder rose after announcing a distribution deal with Amazon.

Portfolio Pulse from Piero Cingari

March 28, 2024 | 5:49 pm

Nvidia (NVDA) has fallen below its trendline, indicating potential negative implications for NVDA and tech stocks. Fed's Christopher Waller suggests interest rates will remain unchanged due to disappointing inflation data. Early trade money flows show positive trends for AMZN and GOOG, neutral for MSFT and META, and negative for NVDA, AAPL, and TSLA. Mixed flows are observed in SPY and QQQ ETFs. Gold, represented by GLD, hits a new high with positive momo crowd buying, while oil, represented by USO, also sees buying. Bitcoin surpasses $70,000.

Portfolio Pulse from The Arora Report

March 28, 2024 | 3:55 pm

The Market Clubhouse Morning Memo for March 28th, 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 and price levels for each asset, advising traders to monitor these stocks for potential breakouts or reversals. The memo also highlights the importance of upcoming economic data releases and quarter-end rebalancing trades, suggesting increased market volatility.

Portfolio Pulse from RIPS

March 28, 2024 | 2:17 pm

Wall Street is poised for a muted open as caution prevails ahead of key inflation data release. The S&P 500 hit a record high in the previous session, but futures indicate a flat open. Analysts recommend buying opportunities in any pullback, citing strong market fundamentals and historical performance. Key economic data releases are scheduled, including jobless claims and GDP estimates. In premarket trading, SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw slight declines, while RH shares rose post-earnings, and Chemours Company fell after financial revisions.

Portfolio Pulse from Shanthi Rexaline

March 28, 2024 | 11:41 am

Major stock indexes have experienced a rebound, recovering from a recent pullback in the market.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 7:52 pm

Stock indexes rebounded after recent declines, with notable movements in specific sectors and stocks. Reddit shares experienced a drop, while solar stocks, including Enphase Energy and First Solar, saw gains. Major ETFs like DIA, IWM, QQQ, and SPY also reflected the market's positive shift.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 7:52 pm

Wall Street saw mixed performance with tech giants slightly down, while blue chips and small caps gained. The S&P 500, Dow Jones, and Nasdaq showed varied movements. The Roundhill Magnificent Seven ETF and iShares Russell 2000 ETF experienced declines and gains respectively. Gold and the iShares 20+ Year Treasury Bond ETF rose, while Bitcoin fell. Sector-wise, utilities and real estate outperformed, whereas technology was flat. Key stock movements included nCino, GameStop, and others reacting to earnings or updates.

Portfolio Pulse from Piero Cingari

March 27, 2024 | 5:51 pm

Investors are closely watching the upcoming release of February's Personal Consumption Expenditure (PCE) price index, a key inflation metric by the Federal Reserve, to gauge potential interest rate adjustments. Recent CPI spikes have raised concerns, affecting expectations for a rate cut. Economists predict a slight increase in both annual and monthly PCE inflation rates. The Federal Reserve's latest forecasts suggest a cautious outlook on inflation, with some adjustments in core inflation predictions. Market reactions to the PCE report could influence expectations for rate cuts, impacting equities, bonds, and gold. The SPDR S&P 500 ETF Trust, iShares 20+ Year Treasury Bond ETF, and Invesco QQQ Trust are highlighted for their reactions to January's PCE data.

Portfolio Pulse from Piero Cingari

March 27, 2024 | 4:08 pm

The article discusses the significance of Nvidia's (NVDA) stock chart for predicting near-term market direction, highlighting its role in the AI revolution and recent trading patterns indicating uncertainty. It also notes aggressive tech stock selling by insiders like Amazon's Bezos and Meta's Zuckerberg, suggesting insider knowledge of overvaluation. Additionally, it mentions positive early trade money flows in major tech stocks and ETFs, and advises investors on protection strategies amidst various market crosscurrents.

Portfolio Pulse from The Arora Report

March 27, 2024 | 3:45 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.