QYLG News and Press, Global X Nasdaq 100 Covered Call & Growth ETF From 06/19/23

2023-06-19 03:37:00 ET Summary The S&P 500 finished Thursday, June 15 at its highest level in 14 months, and its fifth consecutive weekly gain. The long-suffering Commodities asset class led the way higher last week, but is down YTD and since the October low. The top 7 sto...

2023-06-14 21:30:00 ET Summary This year is showing there is a wide dispersion of returns across the standard index providers’ definitions of growth and value. Microsoft was the second-largest holding in the S&P 500 Growth Index and the top holding in the S&P 500 Va...

2023-06-12 19:20:00 ET Summary The S&P 500 is up 11% YTD; the Nasdaq nearly 33%; and the TSX is +2.5%. The year-to-date market-weighted S&P 500 gain versus an equal-weighted basket is the most extreme since at least 1990. At the March 2000 cycle peak, tech accounted fo...

2023-06-12 14:45:00 ET Summary Nasdaq extended its streak of weekly gains to seven, the longest since November 2019. There have been seven periods of at least seven-week rallies since the Financial Crisis lows in May 2019. The average ‘max drawdown’ over any thre...

2023-06-10 05:15:00 ET Summary The percentage of unprofitable companies is increasing due to the Federal Reserve's aggressive hiking cycle, increased labor costs, and elevated inflation. Small- and mid-cap companies have underperformed during economic weakness, but their current v...

2023-06-09 04:33:35 ET Summary The 2023 stock market rally is driven by AI speculation and Big Tech giants, with the MAAMG group (Meta, Apple, Amazon, Microsoft, and Google) reaching a combined valuation of approximately $10 trillion. Citigroup's lead strategist Dirk Willer and th...

2023-06-07 02:10:00 ET Summary The run higher in the Nasdaq has become insane. It’s an “echo bubble” from the bubble that popped in November 2021. All of the classic “blow off top” indicators are flashing again. The VIX is back to where it was in...

2023-06-06 10:17:00 ET Summary The five most expensive tech companies now make up a record 25.7% of the S&P 500. The tech-centric Nasdaq 100 has risen the most compared to the economically-sensitive Russell 2000 since the stock market peak in March 2000. When rare mania pr...

2023-05-31 21:03:00 ET Summary Large-cap U.S. equities have rallied year-to-date by approximately nine percent (as of May 29th) and appear to show resiliency in the face of a potential recession. The outperformance of the ‘Big 8’ group has seen its market cap weight ...

2023-05-31 02:17:00 ET Summary Several new forces may soon combine to push our energy stocks higher. There is a tremendous amount of cash on the sidelines, which could pour into the stock market and spark a major market rally at any unknown day or hour, as soon as there is a signi...