QQQM - QQQM: Warning Sign As Nasdaq 100 Can't Keep Up With Itself

2024-07-09 13:56:33 ET

Summary

• The Nasdaq 100 followed by Invesco NASDAQ 100 ETF can't even keep up with itself! Translation: many of those 100 stocks don't look anything like what investors would expect.
• The US stock market sentiment post-pandemic is heavily focused on the S&P 500 and Nasdaq 100, with the latter dominating the market.
• The Nasdaq 100's top stocks are driving the market's performance, creating a narrow focus and potential risks for investors.
• There is a potential melt up/melt down scenario in QQQM ETF similar to in 2000, so I am using a mix of strategies to try to profit both ways.

We are living through not unprecedented times, but a market environment rarely seen. So rare, that I suspect a large portion of today's actively engaged investment audience either has not experienced something like this, or at least has not learned about it. Market history can be very helpful, but not if you only get it in sound bites on TV or social media....

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