QQQA News and Press, ProShares Nasdaq-100 Dorsey Wright Momentum ETF

2024-06-28 10:30:00 ET Summary U.S. stocks held onto gains in the second quarter, even as concerns over stubborn inflation, strong economic data and reduced expectations for Fed rate cuts sprinkled cold water on the Q1 hot streak. Macro factors still hold sway over daily moves at ...

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. ...

2024-06-24 14:05:00 ET Summary While the market has gone up well above expectations in H1 and may be due for a normal pullback or healthy correction, earnings have been stellar, earnings growth well above expectations, and the markets are fully expecting an easing from the Fed, which ...

2024-06-18 12:30:00 ET Summary Picking a portfolio of currently attractive stocks is becoming more difficult around the world, both for the portfolio managers and business managers. This is emphasized by the media’s attention on popular indices, where a small number of stoc...

2024-06-17 11:45:00 ET Summary The Russell 2000 fell 1.6% on Friday, was in the red year-to-date, was back where it had first been in January 2021, and was down 18% from its all-time high in November 2021. The Nasdaq Composite eked out the fifth record close in a row on Friday, an...

2024-06-12 03:50:00 ET Summary One of the persistent themes in recent years has been the high and increasing concentration in US stocks. The outperformance of US stocks has been driven almost entirely by large cap US tech names and the “Magnificent 7”. This isn&#...

2024-06-10 06:30:00 ET Summary Today's market sentiment is almost apathetic compared to the frenzy of the late 1990s. The "weak breadth" conundrum lasted almost five full years in the late 1990s accompanied by the similar narrow leadership within the S&P 500 at that time as we...

2024-06-05 08:30:00 ET Summary The month of May continued the bull market trajectory which started back in October 2022 and has now produced positive returns for 4 out of the first 5 months of 2024. This came with enhanced volatility. There are current headwinds, including softeni...

2024-06-02 12:56:00 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...

2024-05-20 15:10:00 ET Summary The VIX may be trading at 52-week lows lately, but the Nasdaq has been nothing short of volatile. Since the Nasdaq’s inception in 1971, the current period is just the 15th time it shifted from extreme oversold to extreme overbought levels in 2...