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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

The Market Clubhouse Morning Memo for March 27th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula. It offers detailed analysis for each asset, including potential bullish and bearish price targets. The memo also highlights the importance of monitoring trade balance revisions, Treasury auctions, and market dynamics as the quarter-end rebalance approaches. RIPS, a pro trader, curates the memo, offering insights and real-time mentorship to Market Clubhouse members.

Portfolio Pulse from RIPS

March 27, 2024 | 2:36 pm

US stocks are poised for a rebound to end the quarter strong, with the S&P 500 Index up over 9% this quarter. Analysts predict a robust April, citing historical trends and potential Fed cuts. Futures are up in premarket trading, with SPY and QQQ ETFs seeing gains. GameStop's stock plunged following its earnings report, while nCino surged. Robinhood announced a new credit card, and Merck's new treatment received FDA approval. Economic data and upcoming earnings reports are also in focus.

Portfolio Pulse from Shanthi Rexaline

March 27, 2024 | 11:13 am

Wall Street is poised to end a two-day losing streak with major indices showing modest gains. The S&P 500, Dow Jones, Nasdaq 100, and Russell 2000 all saw increases, while the VIX index's decline indicates low market volatility. Economic data revealed a 1.4% rise in durable goods orders, exceeding expectations. Sector performance was mixed, with retail stocks leading gains. Notable stock movements include Tesla's rise after Italy's interest in electric truck production, UPS's decline following CEO remarks, and McCormick's surge on strong earnings. Other significant movers were Seagate Technology, Tandem Diabetes Care, and Viking Therapeutics. GameStop, nCino, and Progress Software are set to report earnings.

Portfolio Pulse from Piero Cingari

March 26, 2024 | 6:08 pm

Reddit Inc (NYSE:RDDT) stock surged 30% to $59.80 and continued to rise by 13.7% in premarket trading, driven by AI exuberance and its potential in training large language models, despite being unprofitable. The article also highlights strong durable goods orders, upcoming consumer confidence data, and a $67B Treasury auction. Positive early trade money flows were noted in major tech stocks and ETFs, with the momo crowd buying stocks, gold, and oil. Bitcoin surpassed $70,000. The Arora Report advises investors to maintain a protection band and consider holding cash or short-term hedges.

Portfolio Pulse from The Arora Report

March 26, 2024 | 4:20 pm

The Market Clubhouse Morning Memo for March 26th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA based on proprietary formulas. It outlines potential price levels for bullish and bearish scenarios for each asset and highlights the importance of monitoring key economic data releases throughout the day that could impact market dynamics.

Portfolio Pulse from RIPS

March 26, 2024 | 2:15 pm

Stock futures, including Nasdaq and S&P 500, are up amid a risk-on mood, with optimism for another strong corporate reporting season and potential Fed rate cuts. Analysts predict the rally to continue up to the November Presidential election. Key economic data releases today could influence market direction. In premarket trading, SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw gains, while Tesla and Trump Media & Technology Group Corp. showed significant premarket rallies. Several companies, including McCormick & Company, GameStop, nCino, and Progress Software Corporation, are set to report quarterly results.

Portfolio Pulse from Shanthi Rexaline

March 26, 2024 | 11:33 am

US stocks saw a mixed session with tech giants like Apple, Alphabet, and Meta facing regulatory scrutiny, while energy stocks surged due to rising crude prices. The Energy Select Sector SPDR Fund reached levels close to its all-time highs. Intel and AMD stocks were volatile after China's move to phase out U.S. microprocessors. Bitcoin reclaimed $70,000. Notable stock movements included gains for Bitcoin-related companies and Micron Technology, while United Airlines and Take-Two Interactive faced declines.

Portfolio Pulse from Piero Cingari

March 25, 2024 | 5:58 pm

The Market Clubhouse Morning Memo for March 25th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA based on a proprietary formula. It offers detailed analysis for each asset, including potential bullish and bearish price targets. The memo also highlights the importance of monitoring market indicators and Federal Reserve speakers' remarks for the upcoming condensed four-day trading week, which marks the end of Q1 2024.

Portfolio Pulse from RIPS

March 25, 2024 | 4:07 pm

The EU is probing Apple, Meta, and Alphabet under the Digital Markets Act, with potential fines up to 10% of global revenues. China bans Intel and AMD microprocessors in government computers, significantly impacting their sales. Fed's Bostic expects only one rate cut this year, contrary to market expectations of three. Early trade shows neutral money flows in NVIDIA, negative in Amazon, Tesla, Microsoft, Google, Meta, and Apple, and positive in Invesco QQQ Trust.

Portfolio Pulse from The Arora Report

March 25, 2024 | 4:07 pm

The EU has launched antitrust investigations into Apple, Meta, and Alphabet under the Digital Markets Act, focusing on practices that may hinder competition. This includes Apple's integration restrictions, Google's search result displays, and Meta's ad policies. Microsoft, Amazon, and Adobe are also mentioned in relation to previous antitrust issues and significant financial deals. The investigations aim to ensure fair competition and consumer choice in the tech sector.

Portfolio Pulse from Anusuya Lahiri

March 25, 2024 | 12:08 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.