QQQ News and Press, PowerShares QQQ Trust Ser 1 From 07/08/24

2024-07-08 22:32:12 ET Summary Sentiment indicators strongly support our January forecast of an August top in the market. Investor sentiment drives stock prices more than economic data. The Master Sentiment Indicator, and four other sentiment indicators, all show extreme level...

2024-07-08 16:05:05 ET Summary With stock markets at all-time highs, investors may be indifferent to the upcoming inflation report. Concerns about persistent inflation hidden for those holding S&P 500 while apparent in the Russell 2000 performance. Companies in the AI hard...

2024-07-08 15:20:00 ET Summary What is notable today is the magnitude of the difference in return between some of the various indices. On a year to date basis, the S&P Midcap 400 Index is up just 4.94% as of July 5, 2024, and the Russell 2000 Index of small company stocks is u...

2024-07-08 14:35:00 ET Summary The S&P 500 and Nasdaq Composite Index rose to fresh record highs on Friday. The latest jobs data helped add to bullish sentiment. Along with other recent reports, Friday’s one suggests the economy is cooling without collapsing. That is re...

2024-07-08 13:20:56 ET Seasonal factors after a strong run in large-cap U.S. stocks are playing a role in Goldman Sachs’ Scott Rubner saying that he’s turning tactically bearish. ... Read the full article on Seeking Alpha For further details see: Goldman S...

2024-07-08 12:29:50 ET Summary The US housing market has been facing a record inventory crisis, but the situation is changing rapidly. Inventory is very tight in the existing home market but loosening quickly in the new construction market. As a larger share of new constructio...

2024-07-08 12:08:11 ET Summary Fed Chair Powell testifies this week in a highly charged political atmosphere. The Fed is on a hot seat and will be pressed to defend both its position on inflation as well as on unemployment developments. Unemployment is rising among some groups...

2024-07-08 11:30:00 ET Summary Right now, second-quarter earnings reports may be a better guide to the economic outlook than official statistics. Looking one, two or three months into the past is unlikely to help investors prepare for the future. If there is weakness in the jo...

2024-07-08 10:30:00 ET Summary The current bull market has finally persuaded me to start buying some insurance for the eventual rainy days. The reason I am not buying puts for ATM (At-the-Money) options is it’s psychologically not challenging to go through ~10-20% drawdowns...

2024-07-08 08:35:00 ET Summary The S&P 500 had a strong week to start the calendar quarter for 2024-Q3. The GDPNow tool's forecast for real GDP growth rate in 2024-Q2 has more than halved over the past two weeks. The CME Group's FedWatch Tool forecasts the Fed will hold th...