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QQQ / QQQ: Party Like It's 1999

QQQ: Party Like It's 1999
The Nasdaq-100 index is experiencing its best year since 1999, but investors are warned to be cautious, as the recent tech rally may be built on shaky foundations. The index is currently trading at 26.67x expected earnings, significantly higher than the 10-year historical average of 20.5x, despite a record reversal in the yield curve and tightening credit conditions. We suggest that the current rally may be based on hope rather than solid fundamentals and recommends a "Sell" rating for the QQQ until macroeconomic conditions or underlying fundamentals improve. Read More
Posted: Jul 12 2023, 22:58
Author Name: Seeking Alpha
Views: 110586

QQQ News  

Affordable Growth Stocks Reside in These ETFs

By ETF Trends
November 1, 2023

Affordable Growth Stocks Reside in These ETFs

Usually, it's difficult to find growth stocks trading at attractive multiples. That's simply the cost of admission for embracing growth investing. more_horizontal

Nasdaq Correction Could Give Way to Buying Opportunity

By ETF Trends
October 31, 2023

Nasdaq Correction Could Give Way to Buying Opportunity

The Nasdaq-100 Index (NDX) is off more than 10% from its 52-week high. This confirms the benchmark is in a correction but not a bear market. more_horizontal

3 ETFs Setting the Gold Standard for Investor Returns

By InvestorPlace
October 30, 2023

3 ETFs Setting the Gold Standard for Investor Returns

Investing in stocks is imperative in building long-term wealth, prompting many to explore the top exchange-traded funds (ETFs) to buy. Yet, for those more_horizontal

QQQ: Hold Until After The Fed's Next Meeting

By Seeking Alpha
October 27, 2023

QQQ: Hold Until After The Fed's Next Meeting

Investors should not join recent market selloffs ahead of the Federal Reserve's meeting next week. Risks in the tech sector, represented by the Invesc more_horizontal

Michael Burry Returns to Social Media Amid Market Correction

By InvestorPlace
October 27, 2023

Michael Burry Returns to Social Media Amid Market Correction

Although Wall Street doesn't look good in red, contrarian investor Michael Burry believes otherwise, taking the time to reemerge on social media to bo more_horizontal

3 Things the Smartest Investors Know About Invesco QQQ Trust

By The Motley Fool
October 27, 2023

3 Things the Smartest Investors Know About Invesco QQQ Trust

Invesco QQQ Trust is an exchange-traded fun that owns the stocks in the Nasdaq 100. The ETF comes with a relatively substantial expense ratio. more_horizontal

Should Invesco QQQ (QQQ) Be on Your Investing Radar?

By Zacks Investment Research
October 26, 2023

Should Invesco QQQ (QQQ) Be on Your Investing Radar?

If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Invesco QQQ (QQQ), a passivel more_horizontal

Communication Services Earnings Could Drive these ETFs

By ETF Trends
October 24, 2023

Communication Services Earnings Could Drive these ETFs

Third-quarter earnings season is in full bloom and a slew of earnings tests for S&P 500 member firms are scheduled this week. This week's earnings sla more_horizontal


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