Bear markets come and go, but great stocks can outlast these periods and thrive in a wide variety of markets. While investors are eagerly awaiting a prolonged bull market, it's still a great time to invest in quality businesses for the long term.
Without a doubt, Shiba Inu (CRYPTO: SHIB) probably had the best run in crypto market history. The token absolutely skyrocketed in the first 10 months of 2021. Certainly, some investors got rich very quickly.
Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the Invesco NASDAQ 100 ETF (QQQM), a passively managed exchange traded fund launched on 10/13/2020.
If you're interested in broad exposure to the Technology - Broad segment of the equity market, look no further than the Technology Select Sector SPDR ETF (XLK), a passively managed exchange traded fund launched on 12/16/1998.
I own several dozen stocks in my portfolio, but some are smaller and speculative positions I'm comfortable with because my portfolio is diverse. However, if I could only put my money into a handful of stocks, I'd be completely fine owning just these five for the long haul.
The video games market is projected to achieve a value of $385 billion in 2023 and rise another 36% by 2027, hitting $522 billion. Thanks to a never-ending stream of new content and technological advances, the industry is one of the most consistently expanding sectors.
Warren Buffett is known as a buy-and-hold investor. However, he doesn't always hold stocks for very long. Some simply don't have what it takes to meet the continued expectations of the Oracle of Omaha.
The semiconductor and tech manufacturing industries are on high alert since China fired off a response in the ongoing trade tensions between the U.S. and China. After facing a couple of years of chip and chip technology export bans -- specifically surrounding those needed to buil
If you have extra cash to invest, Taiwan Semiconductor Manufacturing (NYSE: TSM) and Apple (NASDAQ: AAPL) are two stocks that should deliver satisfactory returns over the next five years and beyond.
On Friday, July 7, Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) Class A shares (BRK.A) hit a new all-time high. For CEO Warren Buffett, it represents just another day in the office.
India has told Netflix, Disney and other streaming services that their content should be independently reviewed for obscenity and violence before being shown online, according to a government document and sources.
As everybody knows by now, artificial intelligence (AI) has been Wall Street’s shiny new toy in 2023, with companies speaking on the technology in a snowballing fashion.
What happened
One day after really taking it on the chin from the stock market, cybersecurity companies bounced back convincingly on Thursday. Zscaler (NASDAQ: ZS) and Cloudflare (NYSE: NET) both zoomed to close more than 5% higher, while Palo Alto Networks (NASDAQ: PANW) rose by
The NASDAQ 100 After Hours Indicator is down -4.81 to 15,567.17. The total After hours volume is currently 87,922,626 shares traded.The following are the most active stocks for the after hours session: Roivant Sciences Ltd. (ROIV) is -0.1 at $11.50, with 3,453,390 shares traded.
After Apple’s AAPL market cap hit the $3 trillion mark on Jun 30, investment world got busy in finding the next joiner in that club. And Wedbush believes Microsoft MSFT is the likely member, as quoted on CNBC.
The WisdomTree U.S. Quality Dividend Growth Fund ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.4 million shares traded versus three month average volume of about 481,000. Shares of DGRW were up about 0.2% on the day.
Components of that ETF wit
Investors keen on investing in the technology sector could consider the
Invesco QQQ Trust (
NASDAQ:QQQ)
ETF. This appealing ETF closely tracks the Nasdaq 100 Index (
NDX
) and provides an opportunity for investors to hold stocks from 10 different sectors. Interestingly, based on
technical indicators, QQQ is still a Buy near its current levels.
Technical Analysis in Detail
According to TipRanks’ technical analysis tool, the QQQ ETF stock’s 50-day EMA (exponential moving average) is 349.63, making it a Buy. Further, the moving average convergence divergence (MACD) indicator also signals a Buy.
At the same time, QQQ’s price rate of change (ROC) of 0.35 points to a bullish trend. Also, the QQQ ETF’s Williams %R signals a Buy.
Overall, on the one-day time frame, QQQ stock is a Strong Buy, according to TipRanks’ easy-to-read technical summary signals. This is based on 16 Bullish, six Neutral, and zero Bearish signals.
Latest Update on QQQ ETF
The QQQ ETF’s impressive year-to-date rally of over 41% can be largely attributed to the substantial increase in stock prices of the top seven technology companies. These companies include Microsoft (
MSFT
), Apple (
AAPL
), Nvidia (
NVDA
), Amazon (
AMZN
), Tesla (
TSLA
), Meta (
META
), and Alphabet (
GOOGL
) (
GOOG
). Together, these stocks account for more than 55% of the holdings in the QQQ ETF.
It is important to note that Nasdaq (
NDAQ
) has scheduled a special rebalance of the Nasdaq 100 Index before the market opens on July 24. The purpose of this rebalance is to mitigate the issue of overconcentration in the index by reducing the combined weight of these seven giants. According to the index’s methodology, it is expected that the total weighting of these stocks will decrease by between 6% to 8%.
Furthermore, The Trade Desk (
TTD
) will be added to the Nasdaq 100 prior to the market opening on July 17, 2023. TTD will be replacing Activision Blizzard (
ATVI
), which is set to be acquired by MSFT.
Is QQQ a Good ETF to Invest In?
As per 1,214
top Wall Street analysts providing ratings on the
QQQ’s 102 holdings, the ETF comes in as a Moderate Buy, and the
average QQQ price target of $392.47 implies 5.3% upside potential. It is noteworthy that these top analysts have an impressive history of helping investors generate massive returns from their recommendations.
Moreover, according to TipRanks’ Smart Score System,
QQQ stock has a Smart Score of 8 out of 10, which indicates that it could outperform the broader market over the long term.
Disclosure
MUSQ launched its first-ever ETF named MUSQ Global Music Industry ETF MUSQ early this week. The fund offers a unique “pure play” exposure to the $26.6 billion global music industry. This is a pioneering move that promises to resh
Apple's AAPL streaming service, Apple TV+, landed record-breaking 54 Emmy Award nominations across its original titles this year. This makes Apple TV+ the third most Emmy-nominated network in just more than three years since its g
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