The Nasdaq-100 Trust ETF, ticker symbol QQQ, is both one of the most loved and most hated ETFs in the US market. Investors who bought and held $10,000 worth 15 years ago on September 10, 2009 have every reason to love it. They now have seen that investment grow to $126,000, an annualized gain … Read more
Watching tech stocks lead the market resurgence in the first six weeks of Q1 2023, I was hit with a flash of déjà vu. Just six months ago, the market slaughter of the first six months of 2022 was led by a strong upsurge in the first six weeks of 2022 by beaten-up growth stocks. … Read more
Artificial intelligence (AI), the concept that a machine created brain could outperform the human brain, has fascinated and terrified humans since the days of Jules Verne. Real life examples such as Deep Blue defeating Chess Grandmaster Gary Kasparov and IBM Watson defeating Ken Jennings at Jeopardy intrigues us even more. Machine learning techniques, expert algorithms … Read more
The history of QQQ, Invesco QQQ Trust, is that it was a game-changer from the very start. Beginning in 1999 with the development of the Nasdaq-100 index by John Jacobs, then a Nasdaq executive and now a professor at Georgetown and Steven Bloom, the product was an overnight success. It was Jacobs’ vision to take … Read more