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
“The Magnificent Seven” was the most popular sobriquet among stock market strategists, portfolio managers and reporters in 2023. Stocks such as Google, Nvidia, Tesla, Amazon, Microsoft, Meta, Apple dominated performance and volume charts. Almost unnoticed, Broadcom pushed its way to 4th in Market Cap in the Nasdaq and more than doubled in price last year … Read more
Despite all the negative-to-flat market expectations from Wall Street specialists and other pundits that frequent CNBC for 2023, the recession they feared did not manifest itself, soft landing or otherwise. The economy continued to be strong enough to avoid negative GDP growth. S&P 500 Index ETFs, including SPLG, continue to outperform other broad-based benchmark ETFs … Read more