QQQN News and Press, VictoryShares Nasdaq Next 50 ETF From 06/07/24

2024-06-07 12:10:00 ET Summary The consistent and persistent strength in S&P 500 earnings is pretty remarkable. There is little change in the general trend of S&P 500 earnings as what looks to be an almost perfect economy, as reflected in the S&P 500’s eleven se...

2024-06-05 20:20:00 ET Summary In May, the S&P Total Return index was up almost +5%, a bounce back and some, but we question the foundation for which this move up is built. According to the folks at S&P Down Jones Indices (link), Q1 earnings per share for the S&P 500 i...

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...

2024-06-05 07:59:00 ET Summary 2024 earnings are off to a strong start with a resilient Q1 earnings season which exceeded analyst expectations for the fifth consecutive quarter. The current earnings growth rate of 8.0% surpassed the start-of-quarter estimate of 5.0%. The Magni...

2024-06-03 23:50:00 ET Summary Once again, stocks did not disappoint on Friday as the S&P 500 Index delivered another rare 100 point plus daily range. Based on futures trading, Friday’s range in both the S&P 500 and the NASDAQ 100 indexes was slightly larger than th...

2024-06-03 12:36:00 ET Summary Despite the Salesforce miss and the drop in software stocks last week, the trends in technology sector earnings remain positive. There is nothing about the S&P 500 EPS data that seems to indicate a problem with the US economy, at least as of toda...

2024-06-02 13:04:00 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...

2024-05-29 14:05:00 ET Summary Even after today’s decline, the S&P 500 still sits on a year-to-date gain of over 10%, indicating just how strong the first five months of 2024 have been. The Dow has followed a much weaker path, as it’s barely holding on to gains f...

2024-05-28 11:55:00 ET Summary One of the most disappointing aspects of modern day investing is we seem to have all become momentum investors. My dividend discount model predicts that the fair value of the S&P 500 is approximately 5800. The overall S&P 500 can deliver ...

2024-05-28 09:45:00 ET Summary The S&P 500 closed at 5,304.72 on the Friday before 2024's Memorial Holiday weekend. In between May 17 and May 24, the index set a new record-high close of 5,321.41 on May 21. The Atlanta Fed's GDPNow tool's forecast of annualized real GDP gr...