Latest news with #QQQ
Yahoo
2 days ago
- Business
- Yahoo
VOO Hits Record High, Joins QQQ in Full Recovery
The S&P 500 surged to all-time highs on Thursday, completing a full rebound from the correction it experienced in March and early April. Midday, the benchmark index traded as high as 6,146.52—slightly above its previous record close of 6,144.15 set on February 19. It also inched closer to its intraday record of 6,147.43 established that same index closed the session at 6,141.02, just a few points short of the all-time highs. With this move, the S&P 500 joins the Nasdaq-100, which hit a new record high of its own earlier this week. The tech-heavy Nasdaq index is tracked by the widely held Invesco QQQ Trust (QQQ), while the S&P 500 is mirrored by some of the largest ETFs in the world, including the Vanguard S&P 500 ETF (VOO), the SPDR S&P 500 ETF Trust (SPY) and the iShares Core S&P 500 ETF (IVV). Both indexes have now fully shaken off the steep declines sparked by trade war tensions and tariff fears earlier this year. At its lowest point, the S&P 500 had dropped 18.9% on a closing basis and more than 20% intraday—flirting with bear market territory, though it never officially entered one. The index was down as much as 15% year to date as of April 8. Today, it's up more than 5% for the year. As with the Nasdaq-100, the recent gains have been led by a handful of mega-cap tech names. Microsoft Corp. (MSFT), Nvidia Corp. (NVDA) and Broadcom Inc. (AVGO) have all hit record highs in recent days, helping drive the rebound. However, the rally hasn't been evenly distributed. The Invesco S&P 500 Equal Weight ETF (RSP), which assigns the same weight to each of the index's constituents, is still 4% below its peak and up only 3.6% year to date. Unlike the traditional S&P 500, RSP is far less influenced by the performance of the largest stocks. Meanwhile, not all tech giants are sharing in the gains. Apple Inc. (AAPL), currently the third-largest U.S. company by market cap, remains 23% below its highs amid concerns over its exposure to China and growing investor anxiety that it's falling behind in the AI race. Tesla Inc. (TSLA) is down even more—32% off its December highs—as the company grapples with a rocky rollout of its robotaxi initiative in Austin this | © Copyright 2025 All rights reserved
Yahoo
3 days ago
- Business
- Yahoo
Watch These QQQ Price Levels as Nasdaq 100 ETF Hits Another Record High
The Invesco QQQ Trust, which tracks the Nasdaq 100, closed at a record high for the second straight day on Wednesday. The fund broke out from a flag pattern in Tuesday's trading session, paving the way for a further move higher. The bars pattern tool projects an overhead target of around $575, while the measured move technique forecasts an overhead target of $586. Investors should monitor major support levels on QQQ's chart around $524 and $ Invesco QQQ Trust (QQQ) hit an all-time high Wednesday for the second straight session as tech stocks continued to rally. The fund, which tracks the Nasdaq 100 index, lost around a quarter of its value between mid-February and early April, dragged down by concerns over big tech's significant AI spending and uncertainty over the economic impact of President Trump's 'Liberation Day' tariffs. The ETF has recovered all of those loses as concerns about trade policy have subsided and corporate earnings have been generally strong. The QQQ gained 0.3% to close Wednesday's session at around $541. The fund is now up 6% since the start of 2025. Below, we break down the technicals on QQQ's chart to identify price levels that investors will likely be watching. After gapping above the neckline of an inverse head and shoulders formation last month, the QQQ fund continued trending higher before consolidating within a flag pattern just below its record high. The fund broke out from the flag in Tuesday's trading session, paving the way for a further move higher. Meanwhile, yesterday's bullish price action coincided with an uptick in the relative strength index, though the indicator remains below overbought levels, providing ample room for the ETF to continue its uptrend. Let's apply technical analysis to QQQ's chart to project overhead price targets and also identify two crucial support levels worth monitoring during retracements. Investors can project an overhead price target by using the bars pattern tool. When applying this technique to QQQ's chart, we extract the price bars comprising the fund's move higher following the breakout from the head and shoulders formation and overlay them from the flag pattern's breakout point. This projects a target of around $575. The measured move technique, also known as the measuring principle, analyzes chart patterns to project future price movements. When applying this analysis, we calculate the distance of the inverse head and shoulders from bottom to top in points and add that amount to the formation's neckline. For instance, we add $92 to $494, which forecasts a target of $586. A retracement in the fund could see an initial retest of support around $524. This area may attract buying interest near the base of the flag pattern and a period of consolidation that formed on the chart throughout late May. Finally, a decisive close below this level could lead to a retest of lower support at $494. Investors may seek to accumulate QQQ shares in this location near the inverse head and shoulders' neckline, which also doubles as a horizonal line that connects a series of trading activity on the chart extending back to last September. The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read our warranty and liability disclaimer for more info. As of the date this article was written, the author does not own any of the above securities. Read the original article on Investopedia
Yahoo
3 days ago
- Business
- Yahoo
5 Stocks Driving Nasdaq 100 ETF Higher in 2025
The Nasdaq 100 surged to a record high close, the first since February, buoyed by a combination of easing trade and geopolitical tensions, AI enthusiasm, dovish Fed bets, and standout tech earnings. The index is up 5.6% so far this year, while Invesco QQQ QQQ, which serves as a proxy to the index, gained about 4%.While most of the stocks in the QQQ ETF portfolio have provided handsome returns, we have highlighted five that led the portfolio higher. These are Palantir Technologies Inc. PLTR, Zscaler ZS, Micron Technology MU, MercadoLibre, Inc. MELI and Netflix NFLX. Trump has softened his stance on tariffs and taken a measured approach to trade negotiations. 'Markets have moved higher on tariff postponement and the perception that they will be more moderate than initially announced,' noted Richard Saperstein, CIO at Treasury Partners. Still, he cautioned that 'headline sensitivity' remains high, with volatility likely to persist as trade talks of de-escalation in the Israel-Iran conflict boosted market sentiment this week, easing risk-off pressures (read: Ceasefire Between Israel and Iran? ETFs Likely to Gain). Renewed AI enthusiasm among investors after a slowdown early in the year is driving tech stocks higher, especially NVIDIA NVDA and Microsoft MSFT (read: ETFs Poised to Win in the MSFT vs. NVDA Market Cap Battle). With rates still high and volatility lingering, the mega-cap tech names are proving to be the market's new safe haven. The Federal Reserve kept its interest rate steady at 4.25-4.5%, signaling a continued "wait-and-see" stance as it monitors the effects of the Trump administration's economic policies. The central bank reaffirmed its outlook for two interest rate cuts before the end of the year. The economic indicators paint a stable picture for economic growth. Americans have started to feel optimistic about the economy, as the initial shock from steep tariffs begins to wear off and inflation pressure eases. U.S. consumer sentiment climbed in June for the first time in six months, offering a glimmer of optimism amid lingering policy uncertainty. The U.S. jobs market also remained resilient with the economy adding more-than-expected 139,000 jobs in May, and the unemployment rate remaining unchanged at 4.2%. Inflation has been cooling. The Consumer Price Index rose just 0.1% year over year in May, putting the annual inflation rate at 2.4%. Inflation declined from April's 0.2% increase. Core inflation, which strips out volatile food and energy prices, was 2.8%, flat year over year, well below its levels in 2022 and 2023. Monthly core prices increased just 0.1%, against expectations of a 0.3% gain. Let's take a closer look at the fundamentals of QQQ. This ETF provides exposure to the 101 largest domestic and international non-financial companies listed on the Nasdaq by tracking the Nasdaq 100 Index. Information technology accounts for 57.2% of the assets, while consumer discretionary makes up for a 19.7% share. QQQ is one of the largest and most popular ETFs in the large-cap space with an AUM of $335.4 billion and an average daily volume of more than 48 million shares. It charges investors 20 bps in annual fees. The fund has a Zacks ETF Rank #3 (Hold) with a Medium risk outlook. Palantir Technologies builds and deploys software platforms for the intelligence community, principally in the United States. The stock has jumped more than 89% so far this year and has an estimated earnings growth rate of 41.46% for 2025. Palantir Technologies has a Zacks Rank #3 (Hold) and a Growth Score of A. Zscaler is one of the world's leading providers of cloud-based security solutions. The company offers a full range of enterprise network security services, including web security, Internet security, antivirus, vulnerability management, firewalls, and control over user activity in mobile, cloud computing, and Internet of Things environments. Zscaler saw a solid earnings estimate revision of 12 cents over the past 30 days for the fiscal year (ending July 2025) and has soared about 71% so far this year. The stock has a Zacks Rank #3 and a Growth Score of Technology has established itself as one of the leading worldwide providers of semiconductor memory solutions. The stock has climbed 52% so far this year and has an estimated earnings growth rate of 433.1% for the fiscal year (ending August 2025). It has a Zacks Rank #3 and a Growth Score of A (read: Why Big Tech Stocks Are Powering Market Gains Again).MercadoLibre is one of the largest e-commerce platforms in Latin America. The company is a market leader in e-commerce in Brazil, Argentina, Colombia, Chile, Ecuador, Costa Rica, Peru, Mexico and Uruguay based on unique visitors and page views. The stock has soared 48.7% year-to-date and has an expected earnings growth rate of 27.69% for this year. It has a Zacks Rank #3 and a Growth Score of A. Netflix is considered a pioneer in the streaming space. The company evolved from a small DVD-rental provider to a dominant streaming service provider, courtesy of its wide-ranging content portfolio and a fortified international footprint. The stock gained 43.5% so far this year and has an estimated growth of 27.7%. Netflix currently has a Zacks Rank #3 and a Growth Score of A. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report Micron Technology, Inc. (MU) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports MercadoLibre, Inc. (MELI) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report Palantir Technologies Inc. (PLTR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
IVV Tops Inflows With $1B Haul, QQQ Gains $793M
The $574.9 billion iShares Core S&P 500 ETF (IVV), the world's third-largest exchange-traded fund, pulled in $1 billion Friday to lead all inflows. Investors appeared to display confidence in mainstream index investing, adding $793.5 million to the Invesco QQQ Trust (QQQ), a $338.2 billion fund that tracks 100 stocks in the tech-heavy Nasdaq-100 index. The world's largest ETF, the $682 billion Vanguard S&P 500 ETF (VOO), pulled in a net $571.9 million. A pair of dividend ETFs managed by top-10 issuer First Trust had large net outflows in what may have been so-called "heartbeat" trades. They pulled $1.5 billion from the $14.5 billion First Trust Rising Dividend Achievers ETF (RDVY) two days after the same amount was put in. The $5.4 billion First Trust Morningstar Dividend Leaders Index Fund (FDL) had a net $1.3 billion withdrawn; a similar amount was put in only days earlier. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change IVV iShares Core S&P 500 ETF 1,047.40 574,933.83 0.18% QQQ Invesco QQQ Trust Series I 793.48 338,232.37 0.23% VOO Vanguard S&P 500 ETF 571.87 681,945.88 0.08% JAAA Janus Detroit Street Trust Janus Henderson AAA CLO ETF 562.33 21,697.68 2.59% GCOW Pacer Global Cash Cows Dividend ETF 473.39 2,781.62 17.02% GLD SPDR Gold Shares 312.50 103,594.08 0.30% IBIT iShares Bitcoin Trust ETF 278.93 71,058.52 0.39% JPLD JPMorgan Limited Duration Bond ETF 275.84 1,479.44 18.64% AGG iShares Core U.S. Aggregate Bond ETF 196.20 127,017.03 0.15% JPST JPMorgan Ultra-Short Income ETF 186.96 31,775.79 0.59% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change RDVY First Trust Rising Dividend Achievers ETF -1,468.29 14,458.38 -10.16% FDL First Trust Morningstar Dividend Leaders Index Fund -1,323.35 5,413.12 -24.45% VO Vanguard Mid-Cap ETF -1,093.49 84,352.12 -1.30% VTI Vanguard Total Stock Market ETF -1,002.89 483,458.95 -0.21% FJUN FT Vest U.S. Equity Buffer ETF - June -868.79 956.72 -90.81% SDVY First Trust SMID Cap Rising Dividend Achievers ETF -606.77 7,932.72 -7.65% QJUN FT Vest Nasdaq-100 Buffer ETF - June -575.55 571.21 -100.76% VB Vanguard Small-Cap ETF -566.35 62,804.82 -0.90% TLT iShares 20+ Year Treasury Bond ETF -554.25 48,583.75 -1.14% DIA SPDR Dow Jones Industrial Average ETF Trust -486.20 36,694.56 -1.32% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives -2.95 10,042.53 -0.03% Asset Allocation 19.28 24,186.91 0.08% Commodities ETFs 376.17 224,050.77 0.17% Currency 428.52 143,826.12 0.30% International Equity 1,469.51 1,819,426.26 0.08% International Fixed Income 993.50 298,984.60 0.33% Inverse -89.46 14,682.36 -0.61% Leveraged -171.93 124,229.93 -0.14% US Equity -6,547.11 6,895,860.76 -0.09% US Fixed Income 1,068.90 1,676,778.30 0.06% Total: -2,455.57 11,232,068.54 -0.02% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved
Yahoo
5 days ago
- Business
- Yahoo
IVV Tops Inflows With $1B Haul, QQQ Gains $793M
The $574.9 billion iShares Core S&P 500 ETF (IVV), the world's third-largest exchange-traded fund, pulled in $1 billion Friday to lead all inflows. Investors appeared to display confidence in mainstream index investing, adding $793.5 million to the Invesco QQQ Trust (QQQ), a $338.2 billion fund that tracks 100 stocks in the tech-heavy Nasdaq-100 index. The world's largest ETF, the $682 billion Vanguard S&P 500 ETF (VOO), pulled in a net $571.9 million. A pair of dividend ETFs managed by top-10 issuer First Trust had large net outflows in what may have been so-called "heartbeat" trades. They pulled $1.5 billion from the $14.5 billion First Trust Rising Dividend Achievers ETF (RDVY) two days after the same amount was put in. The $5.4 billion First Trust Morningstar Dividend Leaders Index Fund (FDL) had a net $1.3 billion withdrawn; a similar amount was put in only days earlier. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change IVV iShares Core S&P 500 ETF 1,047.40 574,933.83 0.18% QQQ Invesco QQQ Trust Series I 793.48 338,232.37 0.23% VOO Vanguard S&P 500 ETF 571.87 681,945.88 0.08% JAAA Janus Detroit Street Trust Janus Henderson AAA CLO ETF 562.33 21,697.68 2.59% GCOW Pacer Global Cash Cows Dividend ETF 473.39 2,781.62 17.02% GLD SPDR Gold Shares 312.50 103,594.08 0.30% IBIT iShares Bitcoin Trust ETF 278.93 71,058.52 0.39% JPLD JPMorgan Limited Duration Bond ETF 275.84 1,479.44 18.64% AGG iShares Core U.S. Aggregate Bond ETF 196.20 127,017.03 0.15% JPST JPMorgan Ultra-Short Income ETF 186.96 31,775.79 0.59% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change RDVY First Trust Rising Dividend Achievers ETF -1,468.29 14,458.38 -10.16% FDL First Trust Morningstar Dividend Leaders Index Fund -1,323.35 5,413.12 -24.45% VO Vanguard Mid-Cap ETF -1,093.49 84,352.12 -1.30% VTI Vanguard Total Stock Market ETF -1,002.89 483,458.95 -0.21% FJUN FT Vest U.S. Equity Buffer ETF - June -868.79 956.72 -90.81% SDVY First Trust SMID Cap Rising Dividend Achievers ETF -606.77 7,932.72 -7.65% QJUN FT Vest Nasdaq-100 Buffer ETF - June -575.55 571.21 -100.76% VB Vanguard Small-Cap ETF -566.35 62,804.82 -0.90% TLT iShares 20+ Year Treasury Bond ETF -554.25 48,583.75 -1.14% DIA SPDR Dow Jones Industrial Average ETF Trust -486.20 36,694.56 -1.32% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives -2.95 10,042.53 -0.03% Asset Allocation 19.28 24,186.91 0.08% Commodities ETFs 376.17 224,050.77 0.17% Currency 428.52 143,826.12 0.30% International Equity 1,469.51 1,819,426.26 0.08% International Fixed Income 993.50 298,984.60 0.33% Inverse -89.46 14,682.36 -0.61% Leveraged -171.93 124,229.93 -0.14% US Equity -6,547.11 6,895,860.76 -0.09% US Fixed Income 1,068.90 1,676,778.30 0.06% Total: -2,455.57 11,232,068.54 -0.02% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved
