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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 article discusses the impact of a $5 trillion quadruple witching event on the stock market, highlighting Microsoft's breakout amidst NVIDIA's pullback, and Adobe's stock fall due to AI competition. It also covers Japan's wage negotiations potentially affecting the Bank of Japan's interest rate policy, early trade money flows in major tech stocks and ETFs, and Bitcoin whales liquidating $500M. The article advises investors on protection strategies amidst market volatility.

Portfolio Pulse from The Arora Report

March 15, 2024 | 3:22 pm

The Market Clubhouse Morning Memo for March 15th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA based on proprietary formulas. It outlines potential price movements and targets for each asset, emphasizing the importance of monitoring these stocks for breakouts or reversals. The memo also highlights the significance of the day due to the release of Empire Manufacturing data and it being Triple Witching Friday, which could increase market volatility.

Portfolio Pulse from RIPS

March 15, 2024 | 2:46 pm

The University of Michigan's consumer sentiment report for March showed a slight decrease in the overall sentiment index to 76.5, with inflation expectations remaining above the Fed's 2% target. Consumer sentiment has been stable since January 2024, with year-ahead inflation expectations at 3% and long-term expectations at 2.9%. The market reacted minimally to the report, with the SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ Trust (QQQ) both showing declines, while the Energy Select Sector SPDR Fund (XLE) saw an increase.

Portfolio Pulse from Piero Cingari

March 15, 2024 | 2:33 pm

US stock futures rose modestly early Friday, indicating a positive market mood after Thursday's inflation-induced sell-off. The anticipation of a dovish stance from the Federal Reserve in the upcoming meeting has contributed to this optimism. Bond yields are slipping, and traders are looking forward to key economic reports. The previous session saw a decline in major indices due to a higher-than-expected producer price inflation report. Analyst Louis Navellier suggests the Fed may not cut interest rates until June or later, highlighting AI hardware and weight loss drugs as strong investment themes. Premarket trading saw movements in several stocks following earnings announcements, with notable declines in Adobe Inc. and gains in Cardlytics, Inc.

Portfolio Pulse from Shanthi Rexaline

March 15, 2024 | 11:21 am

Stock indexes fell following a larger-than-expected increase in the Producer Price Index (PPI), leading to a rise in the dollar. Cryptocurrencies and semiconductor stocks also experienced a pullback.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 7:34 pm

Stocks fell as February's Producer Price Index inflation data exceeded expectations, dashing hopes for a Fed rate cut. U.S. Treasury yields rose, and the iShares 20+ Year Treasury Bond ETF (TLT) saw a decline. The S&P 500, Nasdaq 100, and Dow experienced modest losses, while the VIX surged. The iShares Russell 2000 ETF (IWM) underperformed, and oil prices rose due to anticipated supply deficits. Notable stock movements included Tesla and Nvidia falling, while Robinhood and Halliburton rose. Fisker slumped on bankruptcy reports.

Portfolio Pulse from Piero Cingari

March 14, 2024 | 6:20 pm

The Federal Reserve's Bank Term Funding Program (BFTP), initiated in response to the failures of Silicon Valley Bank and Signature Bank in March 2023, has ended. The program, which injected $164 billion into the banking system, aimed to prevent a regional banking crisis by providing affordable liquidity. Its conclusion raises concerns about future liquidity and may impact the performance of regional banks, tech stocks, and Bitcoin. The SPDR S&P Regional Banking ETF (KRE), Invesco QQQ Trust (QQQ), and Bitcoin (BTC) have seen significant gains since the program's inception.

Portfolio Pulse from Piero Cingari

March 14, 2024 | 6:00 pm

The article discusses the current financial market trends, highlighting hotter Producer Price Index (PPI) data indicating higher inflation at the producer level than expected, and declining retail sales suggesting weakening consumer spending. It mentions the positive early trade money flows in several major tech companies and ETFs, while Tesla and NVIDIA experience negative flows. The International Energy Agency predicts an oil supply deficit throughout 2024, contrary to previous surplus expectations. The article advises investors to consider a more defensive position within the protection band to balance market crosscurrents.

Portfolio Pulse from The Arora Report

March 14, 2024 | 4:47 pm

Rising U.S. inflation rates in February, with unexpected increases in both the Consumer Price Index (CPI) and Producer Price Index (PPI), have sparked concerns over the Federal Reserve's potential rate cuts. The CPI and PPI reports showed year-on-year increases of 3.2% and 1.6%, respectively, with significant contributions from a 6.8% surge in gasoline prices. These inflation figures challenge the Fed's hopes for easing inflation towards a 2% target and may affect the anticipated interest rate cuts. The market reacted with Treasury yields rising, the U.S. dollar strengthening, and declines in ETFs tracking bonds, the S&P 500, tech stocks, small caps, gold, and Bitcoin.

Portfolio Pulse from Piero Cingari

March 14, 2024 | 4:19 pm

The Market Clubhouse Morning Memo for March 14th, 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 bullish and bearish price levels for each asset, advising traders to monitor these stocks closely for potential breakouts or reversals. The memo also highlights the importance of the upcoming PPI and Retail Sales data for the Federal Reserve's decision-making, indicating a high volatility trading session.

Portfolio Pulse from RIPS

March 14, 2024 | 3:23 pm

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