QQQ News and Press, PowerShares QQQ Trust Ser 1 From 06/26/24

2024-06-26 07:00:35 ET More on Invesco QQQ ETF QQQ: The Nasdaq 100 Could Face A 30% Decline QQQ: Bumpy Short-Term Ride Possible (Rating Downgrade) QQQ: Almost Time For A Breather UBS: ‘An economic slowdown is underway’ Eight breakout cha...

2024-06-26 06:50:00 ET Summary My impression is that the speculative market advance since 2009 ended last week. The current set of market conditions provides no historical examples when stocks have followed with decent returns. It’s worth noting that the average S&P...

2024-06-26 05:00:00 ET Summary Recently, the NASDAQ-100 Index and the venerable Dow Jones Industrial Average are moving in almost mirror images of each other. Artificial intelligence stalwart Broadcom peaked one week ago today at 1852 before pulling back 16% as of this morning. ...

2024-06-26 02:20:00 ET Summary Growth peaked on a quarter over quarter seasonally adjusted annual rate in Q3 last year at 4.9%. One area of uncertainty is the spend rate for the IRA and CHIPs Act. While we believe the current administration will keep spending high through the elec...

2024-06-26 01:34:12 ET Summary I'm staying invested due to bullish catalysts likely to come in the second half of 2024. I explain why I am not extending my hedges and what risks lie ahead for the index. I also present an alternative to balance these risks. Dear reade...

2024-06-25 15:00:00 ET Summary The economy clearly has slowed since the fourth quarter of 2023. Real GDP growth was only 1.3% in the first quarter of 2024, down from 3.4% in Q4 2023. Despite the slowing economy and lack of signs of a recession, the inflation story has clearly turn...

2024-06-25 14:50:00 ET Summary The US 10-2yr Treasury yield curve has been inverted (two-year yields higher than ten-year) for 23 months since July 2022. An inversion in this spread has preceded the onset of every recession in the last 50 years by an average of 10 months. Mark...

2024-06-25 14:45:00 ET Summary According to the Congressional Budget Office’s most recent report, at a time of cyclical strength and very low unemployment, the US is running a budget deficit of seven percent of GDP while its public debt-to-GDP ratio is on track to reach an all-...

2024-06-25 14:40:00 ET Summary High inflation and expensive equities lead to a negative risk-return relationship and shrink the equity premium to zero. Given today’s market dynamics, investors should avoid high-volatility stocks or hope for a different outcome than the hist...

2024-06-25 14:02:17 ET Summary Nvidia's stock is down 16% in 5 days, and this could be the beginning of the AI bubble burst. However, the broad market indices such as the S&P 500 are still stable. The next stage of the bubble burst is likely to be triggered by a systematic...