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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

473.71

Mkt cap

189B

Volume

43M

High

480.56

P/E Ratio

30.74

52-wk high

540.81

Low

473.12

Div yield

0.01

52-wk low

413.07

The Market Clubhouse Morning Memo for April 8th, 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, suggesting potential price movements and targets for both bullish and bearish scenarios. The memo also notes that market activity may be quieter due to sparse economic events, with attention on the New York Fed's Survey and Treasury's bill auctions. Additionally, it promotes Market Clubhouse's services, including live daily market analysis and real-time mentorship by a pro trader known as RIPS.

Portfolio Pulse from RIPS

April 08, 2024 | 3:40 pm

U.S. stocks are poised for a lower opening on Monday, influenced by rising bond yields and investor anxiety ahead of Wednesday's inflation report. The SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw slight premarket declines. Analysts predict potential market appreciation despite short-term setbacks, with historical data suggesting positive trends. Key economic data, including the March CPI report and Fed speeches, are anticipated this week. Tesla, Coinbase, and Robinhood shares rose in premarket trading amid a cryptocurrency rebound.

Portfolio Pulse from Shanthi Rexaline

April 08, 2024 | 11:04 am

Stock indexes closed higher with a notable rebound in the technology sector, reflecting positive market sentiment and investor confidence in tech stocks.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 8:03 pm

The jobs report significantly exceeded expectations, indicating a strong economy and reducing the likelihood of interest rate cuts in June. Money flows were positive for several tech giants and ETFs like SPY and QQQ, while negative for GOOG and TSLA. The report suggests investors should be cautious of stock market permabulls and consider a balanced approach to investing.

Portfolio Pulse from The Arora Report

April 05, 2024 | 6:26 pm

The Market Clubhouse Morning Memo for April 5th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA based on proprietary formulas. It outlines potential price movements and advises traders to monitor these stocks for breakouts or reversals. The memo also highlights the importance of the upcoming Non-Farm Payroll numbers, Unemployment Rate, Average Hourly Earnings data, and Federal Reserve speakers' remarks, suggesting these could significantly impact market dynamics.

Portfolio Pulse from RIPS

April 05, 2024 | 6:09 pm

Stocks rebounded with major indexes higher after Thursday's dip, driven by March job growth figures surpassing estimates.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 5:45 pm

March's U.S. labor market report showed a significant surge in nonfarm payrolls, adding 303,000 jobs and surpassing expectations. This robust growth, alongside a slight decrease in the unemployment rate to 3.8%, has dampened hopes for Federal Reserve rate cuts, with economists highlighting the implications for policy and market reactions. Treasury yields rose, and certain ETFs experienced movements: TLT and IEF fell, while SPY, QQQ, and UUP gained.

Portfolio Pulse from Surbhi Jain

April 05, 2024 | 3:55 pm

March job growth exceeded estimates, contributing to a positive market sentiment. Krispy Kreme's stock (DNUT) rose following an analyst upgrade. Major indexes, including DIA, IWM, QQQ, and SPY, rebounded after a selloff on Thursday, indicating a recovery in investor confidence.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 2:00 pm

The U.S. labor market saw significant growth in March, with 303,000 nonfarm payrolls added, surpassing expectations and marking the highest increase in 10 months. This robust job growth dampens hopes for Federal Reserve interest rate cuts. The unemployment rate dropped to 3.8%, and average hourly earnings growth aligned with predictions. The strong jobs report led to a rise in the U.S. dollar index and Treasury yields, while futures on U.S. major averages trended higher.

Portfolio Pulse from Piero Cingari

April 05, 2024 | 12:38 pm

Wall Street anticipates a higher opening on Friday, recovering from a previous session sell-off, despite ongoing concerns about potential interest rate hikes. The focus is on the non-farm payrolls report, which could influence market sentiment. Analysts suggest that while strong job data might cause a temporary pullback, a significant rise in average hourly earnings could heighten fears of aggressive rate hikes by the Federal Reserve. The market is also attentive to upcoming Federal Reserve officials' speeches. The CBOE Volatility Index (VIX) indicates increased market volatility. Futures data shows positive movement in major indexes and ETFs like SPY and QQQ in premarket trading. Comments from Fed officials have recently spooked the market, leading to significant losses. Analysts advocate a 'buy-the-dip' strategy, noting key support levels for the S&P 500 and emphasizing the market's sensitivity to inflation and rate hike expectations.

Portfolio Pulse from Shanthi Rexaline

April 05, 2024 | 11:12 am

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.