A few months ago I made a bearish call on the TQQQ ETF that worked out pretty well. The ETF is down about 7.75% since my article published. This worked out pretty well for anybody following my call, but big tech's actual earnings performance was better than I expected.
US stocks have rebounded sharply, with QQQ up nearly 30% since April lows, fueled by renewed 'buy the dip' sentiment. Tariff concerns have eased, and investor greed is returning as markets anticipate continued gains and clear skies ahead. Despite the rally, I believe now is the time to exercise caution and not get swept up in the prevailing optimism.
The ProShares UltraPro QQQ (NASDAQ:TQQQ), iShares Ethereum Trust ETF (NASDAQ:ETHA), and VanEck Semiconductor ETF (NASDAQ:SMH) are all soaring today.
![]() TQQQ In 3 weeks Estimated | Quarterly | $0.2 Per Share |
![]() TQQQ 2 months ago Paid | Quarterly | $0.2 Per Share |
![]() TQQQ 5 months ago Paid | Quarterly | $0.28 Per Share |
![]() TQQQ 8 months ago Paid | Quarterly | $0.23 Per Share |
![]() TQQQ 11 months ago Paid | Quarterly | $0.28 Per Share |
![]() TQQQ 20 Mar 2024 Paid | Quarterly | $0.22 Per Share |
![]() TQQQ In 3 weeks Estimated | Quarterly | $0.2 Per Share |
![]() TQQQ 2 months ago Paid | Quarterly | $0.2 Per Share |
![]() TQQQ 5 months ago Paid | Quarterly | $0.28 Per Share |
![]() TQQQ 8 months ago Paid | Quarterly | $0.23 Per Share |
![]() TQQQ 11 months ago Paid | Quarterly | $0.28 Per Share |
![]() TQQQ 20 Mar 2024 Paid | Quarterly | $0.22 Per Share |
NASDAQ (NMS) Exchange | US Country |
This fund is managed by ProShare Advisors, focusing on achieving daily investment results that correspond to the Daily Target. It is designed for investors seeking consistent daily returns from their investments. The fund specifically targets the performance of the 100 largest domestic and international non-financial companies by market capitalization, as listed on The Nasdaq Stock Market. It's important to note that this fund is non-diversified, meaning it may invest more heavily in fewer sectors or securities, potentially increasing its risk and return profile.
Daily Target Investment Strategy
This strategy focuses on generating returns that match the Daily Target through investments in a select portfolio of financial instruments. ProShare Advisors use their expertise to select investments that, when combined, aim to achieve the desired daily outcomes. This approach is suitable for investors looking for predictable short-term returns from their investment.
Non-Financial Companies Index Fund
The fund invests in 100 of the largest domestic and international non-financial companies based on market capitalization, as determined by The Nasdaq Stock Market listings. This investment focus allows the fund to target the robust growth potential of major non-financial companies, making it an appealing option for investors seeking exposure to leading companies in various industries excluding the financial sector.