QQQN News and Press, VictoryShares Nasdaq Next 50 ETF From 07/19/23

2023-07-19 09:02:00 ET Summary Although central banks slashed benchmark rates to zero by December 2008 and pumped unprecedented liquidity (QE), financial markets tanked until March 2009. The US Fed will likely pause its tightening efforts soon. But the economic cycle and stock mar...

2023-07-19 06:36:00 ET Summary Nasdaq’s plan to reconfigure the weights of its constituents should prompt investors to think about the broader concentration risks in US equity markets, particularly in passive portfolios. Concentration risks extend beyond Nasdaq. The broader...

2023-07-19 05:53:00 ET Summary S&P 500 EPS growth for Q2 2023 is set to come in at -7.1%, the lowest rate in 3 years and the third consecutive quarter of negative earnings growth. The LERI shows corporate uncertainty increasing to its highest level since the pandemic. Why ...

2023-07-18 06:30:00 ET Summary Inflation dominated the headlines and there was widespread consensus among economists that a recession was imminent. The Fed has raised the Fed Funds rate multiple times this year, but those rate increases have clearly done nothing to slow the econom...

2023-07-18 05:20:00 ET Summary While we made it to fresh 2023 highs on the back of the good CPI numbers released last week, the stock market averages tended to make most of their gains in the pre-market session. The S&P 500 has already notably undercut the 50-day moving averag...

2023-07-17 15:56:00 ET Summary Inflation came in lower than expected, which increased the likelihood the Federal Reserve's series of rate hikes that began in March 2022 is now much nearer its end. The CME Group's FedWatch Tool anticipates the Federal Reserve will hike the Federal ...

2023-07-17 05:14:00 ET Summary After making a new 2023 high on Thursday, the market rested on Friday. For the week, it was up 2.4%. We are now in a Golden Cross configuration, with the 50-day above the 200-day. Home construction led the way higher last week, and is leading all...

2023-07-14 23:20:00 ET Summary With the S&P 500 over $4,400 and many now speaking of a “new Bull Market,” all that has occurred is a relief of the extreme pessimism of recent months. A rise in the S&P 500 also reveals a lag in the swing towards a more optimis...

2023-07-14 02:40:00 ET Summary I like the financial sector coming into Q2 ’23 earnings, but Bespoke is favoring tech, energy and basic materials. The buying in energy stocks the last week – 10 days could lead readers to conclude that the energy sector is poised to ra...

2023-07-13 01:55:00 ET Summary S&P 500 EPS growth for Q2 2023 is set to come in at -7.2%, the lowest rate in nearly 3 years and potentially the third consecutive quarter of negative earnings growth. As we head into the second quarter earnings season, many things will be on inv...