NASDAQ:QQQ
Invesco QQQ Trust Series 1 (QQQ)
Financials 
Technical Analysis 
Market timing of course is rarely perfect nor recommended. On a fundamental basis, lower interest rates (expected) and improving corporate profits (likely) are good for the tech sector. But anything that changes these expectations could result in a sell off even just on profit taking alone. Still, conditions we think favour buyers right now, and we would be comfortable buying QQQ.
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Premium contentThe investment seeks investment results that generally correspond to the price and yield performance of the index. To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index. Social media mentions are up 38% in the past 24h.
TQQQ gives you performance that's 3x the daily (an important distinction) performance of the NASDAQ 100, magnified returns and magnified risk. Be very cautious of this strategy.
QQQ gives exposure mostly to tech, and larger weightings in the Magnificent 7. He owns some of those names, but he's very cautious of owning the broader tech index, as valuations are extended.
He just sold it after buying it at $368. Is feeling bearish about the rest of the year. Tech and communication services will offer the only chance of a Q4 rally. And yes, he sold QQQ right before megatech reports next week, and those reports could be good. What changed his mind was the Fed, appearing that they won't quit raising interest rates (Jay Powell spoke yesterday).
He just bought the dip in megatech. Expects upside in megatech in Q4 as the market chases performance. Megatech will deliver such returns.
Joe TerranovaPremium contentIn order, this basket holds Apple, Microsoft, Amazon, Nvidia and Meta as its top five holdings. All have outperformed in 2023, especially Nvidia. QQQ pays a dividend of 0.57%, but charges only a 0.2% MER. True to the stocks this basket holds, QQQ is no income name, but an ETF to trade when tech peaks and slides. On that note, consider this when the market declines a few more percentage points.
Premium contentThe investment seeks investment results that generally correspond to the price and yield performance of the index. To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index. Social media mentions are up 5000% in the past 24h.
Premium contentThe investment seeks investment results that generally correspond to the price and yield performance of the index. To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index. Social media mentions are up 350% in the past 24h.
The market is about managing risk. He just bought a short-term, establishing position in QQQ. This could ride re-positioning in the market at little risk.
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Invesco QQQ Trust Series 1 (QQQ) Frequently Asked Questions
What is Invesco QQQ Trust Series 1 stock symbol?
Invesco QQQ Trust Series 1 is a American stock, trading under the symbol QQQ (previously QQQ-Q on Stockchase) on the NASDAQ (QQQ). It is usually referred to as NASDAQ:QQQ or QQQ
Is Invesco QQQ Trust Series 1 a buy or a sell?
In the last year, there was no coverage of Invesco QQQ Trust Series 1 published on Stockchase.
Is Invesco QQQ Trust Series 1 a good investment or a top pick?
Invesco QQQ Trust Series 1 was recommended as a Top Pick by Joe Terranova on 2023-03-06. Read the latest stock experts ratings for Invesco QQQ Trust Series 1.
Why is Invesco QQQ Trust Series 1 stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
Is Invesco QQQ Trust Series 1 worth watching?
0 stock analysts on Stockchase covered Invesco QQQ Trust Series 1 in the last year. It is a trending stock that is worth watching.
What is Invesco QQQ Trust Series 1 stock price?
On 2026-06-10, Invesco QQQ Trust Series 1 (QQQ) stock closed at a price of $694.25.
The investment seeks investment results that generally correspond to the price and yield performance of the index. To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index. Social media mentions are up 144% in the past 24h.