QQQA News and Press, ProShares Nasdaq-100 Dorsey Wright Momentum ETF From 02/03/24

2024-02-03 00:17:00 ET Summary The rise of the Magnificent Seven marks a shift in the type of company that grows to become a mega cap. Index methodology that requires a history of profitability would make these companies ineligible for index inclusion. Some of the top performi...

2024-02-01 12:46:00 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...

2024-01-31 04:28:00 ET Summary In Russell Investments’ factor portfolios, the Global Large Cap Growth, Momentum and Size factors outperformed the MSCI All-Country World Index during Q4, while the Global Large Cap Value and Low Volatility factors underperformed the index. The Gl...

2024-01-24 13:10:00 ET Summary The mega-cap Tech-heavy Nasdaq 100 is up nearly 1% today as of this writing, which leaves it up 4.5% already in 2024. The Nasdaq 100 is now up 64% during its current bull market that began on 12/28/22. Since the COVID crash low that the Nasdaq 10...

2024-01-22 05:00:00 ET Summary After a correction from August through October, the market has been on a tear. Technology had a very good week, especially among the Magnificent 7 mega-cap stocks. The S&P Top 7 stocks continue to dominate the market, but that dominance is sl...

2024-01-22 03:13:00 ET Summary Friday, January 19th, 2024, saw the first trade above the January ’22 high of 4,815, with the S&P 500 ultimately closing at 4,839.81, or the first all-time high in 24 months. The all-time high came on no new economic data, or critical earn...

2024-01-08 09:52:00 ET Summary The S&P 500 has backed away from its all-time (trading) high of 4,818, while the Nasdaq is off to its weakest start since January 2008. Any data point that helps Treasury yields rise a little after the torrid two-month rally from late October thr...

2024-01-08 08:00:00 ET Summary The stock market rally in 2023 was primarily enjoyed by seven large-cap technology stocks, but I expect the rally will ultimately widen in 2024 for both stocks and bonds. The Federal Reserve is projected to shift from tightening to accommodation as i...

2024-01-08 04:43:00 ET Summary We are entering a period whereby supportive structural flows for stocks are much less prominent, leaving the market open to a window of vulnerability. Measures of market internals and market breadth are no longer wholly supportive of higher stock pri...

2024-01-03 11:15:00 ET Summary Assets bid up by irrational amounts eventually end up on clearance sale. Large-cap companies are typically more financially stable but still saw a tripling of the negative earnings share during past recessions. January clocks stock market gains f...