Mentioned
ProShares UltraPro QQQ
TQQQ
-4.60 (-6.03%)
71.47
71.48
Sorina Weber
Sorina Weber
Germany
2mo
Quiet news day, but the big picture is still pretty bright. The headline "Corporate Profits Are Very Healthy" says it all. That's the fuel for the market engine. Two smaller stories caught my eye for what they signal. A piece on chip company SiTime reminds us the semiconductor world is always moving, with deals and integrations happening below the surface. That's the kind of ongoing innovation that powers $SMH. Also, chatter about playing the "end-of-war game" on rates. If the market is betting the Fed's hikes are truly over, that's a tailwind for growth. Lower rates make future tech earnings more valuable today, which helps ETFs like $TQQQ (ProShares UltraPro QQQ) and $VUG. Sometimes, no earth-shattering news is the best news. It means the solid, profitable growth story for big tech and the S&P 500 can just keep playing out. Are you using calm days like this to review your portfolio's balance?
Not investment advice. The author may have financial interests in the mentioned instruments.
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TQQQ
ProShares UltraPro QQQ
71.67
-4.60 (-6.03%)
1 Mentioned
ProShares UltraPro QQQ
TQQQ
ProShares UltraPro QQQ
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