Subscribers to Chart of the Week received this commentary on Sunday, March 15.
Most investors who own the Magnificent Seven already own them, scattered across index funds, QQQ, and individual positions.
Betterment LLC lessened its stake in shares of Invesco QQQ (NASDAQ: QQQ) by 4.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,473 shares of the exchange traded fund's stock after selling 2,979 shares during the period.
SpaceX is gearing up for what could be the largest IPO in history , with a target valuation north of $1.5 trillion.
The tech sector is now massive, and buying the Invesco QQQ Trust (NASDAQ:QQQ) alone does not cut it.
Market chaos gave way to a calculated comeback on Monday, as technical support and cooling tensions suggest the 2026 bottom is in.
Invesco QQQ Trust offers a compelling growth-adjusted valuation, with a PEG ratio of ~1.3x versus the S&P 500's 1.47x. QQQ captures the full AI ecosystem—semiconductors, cloud, and monetization platforms—unlike VGT, XLK, or VOO. Bottom-up analysis shows QQQ's top 10 holdings drive ~17.5% weighted EPS growth, led by Nvidia and Tesla.
This isn't the perfect climate for consumer spending, particularly the discretionary side. There's tariff inflation, the expiration of the Affordable Care Act credits, and spiking energy prices due to conflict in Iran.
Oil is up double digits in a month, the VIX is sitting at 23.57, and Reddit is calling it “Black Swan Territory” — yet the retail crowd holding NVIDIA, Meta, and Microsoft is not selling.
It's hard to find a space with more “victims” of the artificial intelligence (AI) disruption trade than software. That weakness is permeating multiple sub-segments, including cloud computing, cybersecurity and more.
It seems like hardly a day goes by without Anthropic's Claude artificial intelligence (AI) tool disrupting some corner of the technology sector, causing share price declines in the process. Last week's “victim” was the cybersecurity industry.
Investors seeking dedicated AI exposure face a structural problem: the biggest AI beneficiaries aren't always the household names dominating broad tech indexes.