To gain an edge, this is what you need to know today. GDP Brings Buying  Please click here for an enlarged chart of Invesco QQQ Trust Series 1 (NASDAQ:QQQ). Note the following: The chart shows a drop in QQQ.  The drop in QQQ was triggered by speculative sentiment pulling back.  As a reader of The Arora Report, you knew in advance that speculative sentiment could fall as a result of Tesla Inc (NASDAQ:TSLA) earnings. The chart shows that QQQ is approaching the support zone. RSI on the chart shows that QQQ is now oversold.  Oversold markets tend to bounce. The chart shows that the volume was low on the selloff.  This indicates a lack of conviction in selling. Especially hard hit in

Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market. We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market's pulse to optimize your trading gains. Now, let's dive into the stock analysis: SPDR S&P 500 ETF Trust The SPY (

The U.S. economic output experienced stronger-than-expected expansion in the second quarter of the year, highlighting the resilience that has long characterized the economy despite the burden of high interest rates. The annualized growth rate of the real gross domestic product (GDP) was 2.8% in the second quarter, marking a robust acceleration from the 1.4% growth seen in the first quarter of 2024, according to the advance reading Thursday from the Bureau of Economic Analysis. Q2 GDP Report Key Highlights The 2.8% growth rate positively surprised economist expectations of a 2% growth, as tracked by Tradingeconomics. The Personal Consumption Expenditure (PCE) price index slowed

Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the likes of Franco-Italian chipmaker STMicroelectronics N.V. (NYSE:STM), which predominantly supplies to the automotive end market, and semiconductor test-equipment company Teradyne, Inc. (NASDAQ:TER). Traders may also stay glued to second-quarter GDP data to confirm the slowdown suggested by some recent data does not point to a hard landing. That said, bond yields are dipping as the market, factori

Technology stocks endured their steepest decline since late 2022 on Wednesday, with nearly 75% of Nasdaq 100 constituents slipping into the red. The Nasdaq 100 — tracked by the Invesco QQQ Trust (NASDAQ:QQQ) — dropped 3.6%, marking its fifth decline in six sessions and the sharpest one-day drop since October 2022. The tech-heavy index fell below its 50-day moving average for the first time since early May. It mostly stayed above this key support level since late October 2023, barring a brief two-week period between April and May. See Also: GDP Q2 Preview – 5 ETFs To Monitor Thursday As Economic Data Unfolds Shares of Alphabet Inc (NASDAQ:GOOG), the parent company of Google, plumm

Wednesday was the worst day for the overall market in 2024, with the SPDR S&P 500 Index (NYSE:SPY) trading down more than 2% and the Invesco QQQ Trust Series 1 (NYSE:QQQ) trading down more than 3.5% late in the session.Many mega-cap tech names that have driven much of the last year's rally sold off significantly on the day, with NVIDIA Corp (NASDAQ:NVDA), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Tesla Inc (NASDAQ:TSLA) each trading down more than 5%.But, even when the market gets hammered, there are ways to make money. Short-dated options contracts are a risky way to play the market, but when they go right, they can be a vehicle to make large gains very quickly. On Tuesday, put contr

Salesforce Inc (NYSE:CRM) shares are trading lower by 2.1% to $250.69 during Wednesday’s session. The company and Workday Inc (NASDAQ:WDAY) earlier announced a partnership to develop an AI employee service agent that will automate tasks, provide personalized support and generate data-driven insights to enhance productivity and efficiency. Despite this news, Salesforce stock is falling amid the SPDR S&P 500 ETF Trust (NASDAQ:SPY) and Invesco QQQ Trust, Series 1 (NASDAQ:QQQ) experiencing their worst weekly performance in three months due to a broad-based selloff in chipmakers. A general market downturn often affects stocks across various sectors, including tech companies like Salesforce.

To gain an edge, this is what you need to know today. Speculative Sentiment Please click here for an enlarged chart of Tesla Inc (NASDAQ:TSLA). Note the following: This article is about the big picture, not an individual stock. The chart of TSLA stock is being used to illustrate the point. As we shared with you yesterday, speculative sentiment has been playing a big part in the stock market’s rise. The movement in TSLA stock plays a big role in speculative sentiment. The chart shows TSLA stock fell after earnings. The chart shows that the prior support zone has now become a resistance zone. Historically, when a stock rises on gamma squeeze, the rise often turns out to be tempora

U.S. private sector activity displayed stronger-than-anticipated growth in July, driven primarily by a robust services sector, despite manufacturing slipping into contraction for the first time in six months. The preliminary Composite Purchasing Managers’ Index (PMI) edged up from 54.8 in June to 55 in July, reaching its highest level since April 2022. Services PMI increased from 55.3 to 56, surpassing expectations of 55 and marking a 28-month high. Conversely, the Manufacturing PMI fell from 51.6 to 49.7, missing the anticipated 51.7 and returning to contractionary territory after two months of expansion. Key Highlights From July PMI Reports The service sector has outperform

Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market. We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market's pulse to optimize your trading gains. Now, let's dive into the stock analysis: SPDR S&P 500 ETF Trust SPY (NYSE

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (NASDAQ:NDX), which will become effective prior to market open on Monday, December 18, 2023. The following six companies will be added to the Index: CDW Corporation (NASDAQ:CDW), Coca-Cola Europacific Partners plc (NASDAQ:CCEP), DoorDash, Inc. (NASDAQ:DASH), MongoDB, Inc. (NASDAQ:MDB), Roper Technologies, Inc. (NASDAQ:ROP), and Splunk Inc. (NASDAQ:SPLK). The Nasdaq-100 Index® is composed of 100 of the largest non-financial companies listed on The Nasdaq Stock Market® and dates to January 1985 when it was launched along with the Nasdaq Fina

TORONTO, Jan. 17, 2023 /CNW/ -- Invesco Canada Ltd. announced today changes to the risk ratings applicable to several of its Canadian exchange-traded funds (ETFs). The changes in risk rating are effective immediately and details are included in the following table. ETF Name and Series Ticker Symbol   Previous Risk Rating   New Risk Rating   Invesco FTSE RAFI Canadian Small-Mid IndexETF – CAD Units PZC Medium Medium to High Invesco NASDAQ 100Equal Weight Index ETF – CAD Hedged Units QQEQ.F Medium Medium to High Invesco NASDAQ 100Index ETF – CAD Hedged Units QQC.F Medium Medium

NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (NASDAQ:NDX), which will become effective prior to market open on Monday, December 19, 2022. The following six companies will be added to the Index: CoStar Group, Inc. (NASDAQ:CSGP), Rivian Automotive, Inc. (NASDAQ:RIVN), Warner Bros. Discovery, Inc. (NASDAQ:WBD), GlobalFoundries Inc. (NASDAQ:GFS), Baker Hughes Company (NASDAQ:BKR), and Diamondback Energy, Inc. (NASDAQ:FANG). The Nasdaq-100 Index is composed of the 100 largest non-financial companies listed on The Nasdaq Stock Market and dates to January 1985 when it was launched along with th

NEW YORK, Dec. 11, 2020 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (Nasdaq: NDX), which will become effective prior to market open on Monday, December 21, 2020. The following six companies will be added to the Index: American Electric Power Company, Inc. (Nasdaq: AEP), Marvell Technology Group Ltd. (Nasdaq: MRVL), Match Group, Inc. (Nasdaq: MTCH), Okta, Inc. (Nasdaq: OKTA), Peloton Interactive, Inc. (Nasdaq: PTON), Atlassian Corporation Plc (Nasdaq: TEAM). The Nasdaq-100 Index is composed of the 100 largest non-financial companies listed on The Nasdaq Stock Market® and dates to January 1985 when it was launc

497 - INVESCO QQQ TRUST, SERIES 1 (0001067839) (Filer)

497 - INVESCO QQQ TRUST, SERIES 1 (0001067839) (Filer)

NPORT-P - INVESCO QQQ TRUST, SERIES 1 (0001067839) (Filer)

497 - INVESCO QQQ TRUST, SERIES 1 (0001067839) (Filer)

N-CEN - INVESCO QQQ TRUST, SERIES 1 (0001067839) (Filer)

NPORT-P - INVESCO QQQ TRUST, SERIES 1 (0001067839) (Filer)

497J - INVESCO QQQ TRUST, SERIES 1 (0001067839) (Filer)

485BPOS - INVESCO QQQ TRUST, SERIES 1 (0001067839) (Filer)

N-30B-2 - INVESCO QQQ TRUST, SERIES 1 (0001067839) (Filer)

24F-2NT - INVESCO QQQ TRUST, SERIES 1 (0001067839) (Filer)

Growth of the QQQ investing audience has fostered a larger ecosystem of related Nasdaq Index investment products, including QQQM ATLANTA, March 11, 2024 /PRNewswire/ -- Invesco Ltd. (NYSE:IVZ), a leading global asset management firm, announced today that Invesco QQQ, the flagship fund of the Invesco QQQ Innovation Suite, celebrates 25 years as a proxy for innovation. Over the last 25 years the evolution of the Invesco QQQ, and the Nasdaq-100® Index, have mirrored the expansion of its constituents, as well as the investor mindset around technology and innovation. This has contributed to Invesco QQQ's position as one of the most important large-cap growth strategies, making it the second most

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (NASDAQ:NDX), which will become effective prior to market open on Monday, December 18, 2023. The following six companies will be added to the Index: CDW Corporation (NASDAQ:CDW), Coca-Cola Europacific Partners plc (NASDAQ:CCEP), DoorDash, Inc. (NASDAQ:DASH), MongoDB, Inc. (NASDAQ:MDB), Roper Technologies, Inc. (NASDAQ:ROP), and Splunk Inc. (NASDAQ:SPLK). The Nasdaq-100 Index® is composed of 100 of the largest non-financial companies listed on The Nasdaq Stock Market® and dates to January 1985 when it was launched along with the Nasdaq Fina

TORONTO, Jan. 17, 2023 /CNW/ -- Invesco Canada Ltd. announced today changes to the risk ratings applicable to several of its Canadian exchange-traded funds (ETFs). The changes in risk rating are effective immediately and details are included in the following table. ETF Name and Series Ticker Symbol   Previous Risk Rating   New Risk Rating   Invesco FTSE RAFI Canadian Small-Mid IndexETF – CAD Units PZC Medium Medium to High Invesco NASDAQ 100Equal Weight Index ETF – CAD Hedged Units QQEQ.F Medium Medium to High Invesco NASDAQ 100Index ETF – CAD Hedged Units QQC.F Medium Medium

NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (NASDAQ:NDX), which will become effective prior to market open on Monday, December 19, 2022. The following six companies will be added to the Index: CoStar Group, Inc. (NASDAQ:CSGP), Rivian Automotive, Inc. (NASDAQ:RIVN), Warner Bros. Discovery, Inc. (NASDAQ:WBD), GlobalFoundries Inc. (NASDAQ:GFS), Baker Hughes Company (NASDAQ:BKR), and Diamondback Energy, Inc. (NASDAQ:FANG). The Nasdaq-100 Index is composed of the 100 largest non-financial companies listed on The Nasdaq Stock Market and dates to January 1985 when it was launched along with th

NEW YORK, Dec. 10, 2021 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (NASDAQ:NDX), which will become effective prior to market open on Monday, December 20, 2021. The following six companies will be added to the Index: Airbnb, Inc. (NASDAQ:ABNB), Fortinet, Inc. (NASDAQ:FTNT), Palo Alto Networks, Inc. (NASDAQ:PANW), Lucid Group, Inc. (NASDAQ:LCID), Zscaler, Inc. (NASDAQ:ZS), Datadog, Inc. (NASDAQ:DDOG). The Nasdaq-100 Index® is composed of the 100 largest non-financial companies listed on The Nasdaq Stock Market and dates to January 1985 when it was launched along with the Nasdaq Financial-100 Index, which is

ATLANTA, Nov. 8, 2021 /PRNewswire/ -- Invesco, the official asset manager of the NCAA®, and Invesco QQQ (NASDAQ:QQQ), the official ETF of the NCAA®, today announced the launch of the innovative digital game, How Not to Suck at Money, the official financial education program of the NCAA®. Invesco QQQ's mobile-first experience is set in an animated semi-surreal college town, where students learn how to make important financial decisions by helping characters solve various money dilemmas through choice-based gameplay, empowering financial independence. "Invesco and Invesco QQQ ha

TORONTO, April 28, 2021 /CNW/ -- Invesco Canada Ltd. ("Invesco") today announced changes to an existing Invesco Canada Fund, the Invesco QQQ Index ETF (QQC.F). Invesco will change the name of the Invesco QQQ Index ETF (QQC.F) to the Invesco NASDAQ 100 Index ETF. QQC.F currently holds securities of Invesco QQQ Trust, Series 1 (NASDAQ:QQQ).  Invesco will change the QQC.F investment strategies so that it holds securities of QQQ and/or securities of the Invesco NASDAQ 100 ETF (NASDAQ:QQQM). Each of QQQ and QQQM provides exposure to the NASDAQ-100 Index.  Additionally, the manageme

NEW YORK, Dec. 11, 2020 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (Nasdaq: NDX), which will become effective prior to market open on Monday, December 21, 2020. The following six companies will be added to the Index: American Electric Power Company, Inc. (Nasdaq: AEP), Marvell Technology Group Ltd. (Nasdaq: MRVL), Match Group, Inc. (Nasdaq: MTCH), Okta, Inc. (Nasdaq: OKTA), Peloton Interactive, Inc. (Nasdaq: PTON), Atlassian Corporation Plc (Nasdaq: TEAM). The Nasdaq-100 Index is composed of the 100 largest non-financial companies listed on The Nasdaq Stock Market® and dates to January 1985 when it was launc