QQEW News and Press, First Trust NASDAQ-100 Equal Weighted Index Fund From 03/05/24

2024-03-05 10:05:00 ET Summary There are several technical indicators here that communicate the S&P 500 cap-weighted index is extended and due for correction. While the market and earnings performances predominantly rely on a select few stocks, it's imperative to assess whethe...

2024-03-04 14:26:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-02-22 23:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-02-20 10:48:00 ET Summary Every state’s economy is, in some degree, unique, although the gravitational pull of the national economy casts a long shadow. The most reliable methodology for estimating recession risk in real-time is building an ensemble model that combines...

2024-02-19 10:35:23 ET Summary The inverted yield curve, historically a reliable indicator of recession, has not yet led to an economic contraction. Economist Campbell Harvey, who developed the yield-curve indicator, acknowledged its potential inaccuracy due to inflation-adjusted ...

2024-02-18 07:00:00 ET Summary Nvidia's earnings report will have a significant impact on the NASDAQ 100 index, as the company has delivered a large portion of the index's gains. The market is extremely bullish on Nvidia, leading to high implied volatility and a heavy weighting of...

2024-02-12 03:50:39 ET Summary The S&P 500 and Nasdaq 100 are increasingly driven by a narrow list of mega-cap Tech names, posing idiosyncratic risk. The First Trust NASDAQ-100 Equal Weighted Index Fund ETF offers even exposure and less company-specific risk. QQEW's equal-...

2024-02-11 06:59:00 ET Summary The Fed had an FOMC meeting earlier this week, and a lot of people were saying the Fed was hawkish. I would say that the Fed was being more conservative, more cautious. It’s been a mixed bag with big tech, but nonetheless they are hitting thei...

2024-02-08 09:48:00 ET Summary The ISM manufacturing survey has been below 50 for 15 months in a row and sits today at 49.1. This survey, along with a lot of other manufacturing data and anecdotes, has been cited repeatedly by the economic bears as evidence we are heading for rece...

2024-02-06 10:51:00 ET Summary The total return of the S&P 500 remains behind Treasury bills since its January 2022 peak more than two years ago. Amid the enthusiasm and now nearly unanimous consensus that recession risk is behind us, I’ll reiterate our own view: the da...