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 Market Clubhouse Morning Memo provides a trade strategy for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, highlighting key price levels and potential market movements. Traders are advised to monitor these stocks for breakouts or reversals, with a focus on market volume and price action due to the Columbus Day holiday. Commentary from Fed officials may cause volatility.

Portfolio Pulse from RIPS

October 14, 2024 | 2:44 pm

Starbucks is shifting its strategy under new CEO Brian Niccol by reducing promotions and focusing on premium coffee and holiday favorites. The company aims to improve in-store experiences and reinforce its premium image amid declining sales and customer complaints. Starbucks' stock has been downgraded by Jefferies, and its third-quarter revenue lagged analyst estimates.

Portfolio Pulse from Anusuya Lahiri

October 14, 2024 | 1:23 pm

U.S. stock futures are showing mixed signals ahead of the Q3 earnings season. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) are up in premarket trading. Tesla (TSLA) and Sirius XM (SIRI) see gains, while Boeing (BA) faces a decline due to workforce cuts. Analysts suggest a strong market outlook post-election.

Portfolio Pulse from Shanthi Rexaline

October 14, 2024 | 10:59 am

Columbus Day on October 14, 2024, will see the NYSE and Nasdaq open, while bond markets will be closed. Major companies like UnitedHealth, Johnson & Johnson, Bank of America, Abbott Laboratories, and TSMC will release earnings reports. SPY and QQQ showed slight pre-market gains.

Portfolio Pulse from Benzinga Neuro

October 14, 2024 | 10:46 am

Wall Street reached new highs as major U.S. banks reported strong earnings, boosting financial stocks. Tesla fell sharply due to disappointing Robotaxi Day. Inflation data showed higher-than-expected figures, but expectations for a Fed rate cut remain unchanged. Oil prices steadied, while gold and silver rose. Bitcoin gained following BlackRock's positive earnings.

Portfolio Pulse from Piero Cingari

October 11, 2024 | 5:30 pm

Major indexes rose due to strong bank earnings and positive September Producer Price Index (PPI) data.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 3:30 pm

The article discusses the potential of humanoid robots as a major product, highlighting Tesla's recent event and AMD's AI event. Tesla's stock experienced a sell-off post-event, despite impressive presentations. AMD also faced a sell-the-news reaction. The article also touches on macroeconomic indicators and earnings reports, with a focus on JPMorgan Chase. Money flows in major tech stocks and ETFs are analyzed, and investment strategies are suggested.

Portfolio Pulse from The Arora Report

October 11, 2024 | 3:27 pm

U.S. index futures indicate a modestly lower opening as traders await the producer price inflation report and JPMorgan's earnings. Tesla's stock fell after its Robotaxi event, impacting Uber and Lyft. Major banks like JPMorgan, Wells Fargo, and BlackRock are set to report earnings.

Portfolio Pulse from Shanthi Rexaline

October 11, 2024 | 10:56 am

U.S. stocks dipped as inflation slowed less than expected and oil prices spiked due to hurricane disruptions and Middle East tensions. Major indices like the S&P 500, Dow Jones, and Nasdaq 100 fell, while energy stocks outperformed. ETFs such as SPY, DIA, QQQ, and IWM also declined, with XLE rising. Notable stock movements included AMD's 3% drop, CELH's 12% surge, NET's 7% rise, and FSLR's 10% fall.

Portfolio Pulse from Piero Cingari

October 10, 2024 | 6:15 pm

The article discusses the impact of hotter-than-expected inflation data on the stock market, particularly affecting Nvidia and AI stocks. Despite the negative CPI data, higher jobless claims provide some cushion. Nvidia experiences selling pressure, which extends to other AI stocks. Tesla's stock is also in focus due to its robotaxi day, with potential volatility based on CEO Elon Musk's announcements. Money flows are mixed among major tech stocks and ETFs.

Portfolio Pulse from The Arora Report

October 10, 2024 | 4:12 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.