QQQN News and Press, VictoryShares Nasdaq Next 50 ETF From 05/30/23

2023-05-30 04:41:00 ET Summary The economy continues to show remarkable resiliency. Markets have, in recent weeks, started to price in another rate hike and pushed rate cuts out to near the end of the year. Credit spreads improved last week and continue to trade less than the ...

2023-05-30 04:38:00 ET Summary The relationship between the copper price and the S&P 500 Index can be described as one of generally positive correlation, with divergent movements at times. The performance difference since early April, with the copper price moving downward to a...

2023-05-29 06:50:00 ET Summary To make sense of today’s market conundrum, remember that things could have been worse than they are, and that investors are more defensive than they appear. Each time we run through all the reasons to be bearish on equities, we are struck by j...

2023-05-27 02:25:00 ET Summary The US stock market is having itself a pretty decent year so far in 2023, all things considered. This week we focus on another unusual characteristic of the stock market – the extreme narrowness of outperformance, dominated almost exclusively ...

2023-05-26 22:14:00 ET Summary The S&P 500 has been closing in on new 52-week highs as the index gains another 1.3% heading into the long weekend. Indicating what has broadly been mediocre breadth at best, the only two sectors with relative strength lines that are currently mo...

2023-05-26 13:52:00 ET Summary In the latest AI-driven chapter of mania, chipmaker Nvidia has leapt 186% year to date and is trading about 15% above its November 2021 top. Nvidia collapsed 90% after its 2000 top and spent 15 years trying to make back losses. The ongoing bear m...

2023-05-21 20:59:09 ET Summary The latest news is that Biden and McCarthy are still optimistic and will continue talks on Monday. All very civil and polite. Don't believe it for a minute. This is going to be a showdown, or more accurately a show. Each side has their part to play b...

2023-05-21 06:15:00 ET Summary A debt ceiling agreement is likely to come soon. An agreement means the Treasury will be able to refill the Treasury General Account. This will suck a tremendous amount of liquidity out of the markets. The ongoing debt ceiling debate co...

2023-05-18 21:20:00 ET Summary Every day it seems the gap just keeps getting wider, and today the YTD performance spread between the Nasdaq and the DJIA widened out to over 20 percentage points. As of Thursday afternoon, the Nasdaq was up 20.4% YTD, while the DJIA was barely hangi...

2023-05-17 00:55:00 ET Summary You know trading is dull when stock traders talk about the bond market. But that’s where the action is these days. In Texas, the Austin area has been hit hard as the layoffs in the tech sector have extended there. From a trading standpoint...