From Tyler Durden: After being up almost 18% year-to-date in August, the Nasdaq Composite has just plunged into the red for the year, joining all other major US indices…
From their closing highs, Dow -8.6%, S&P -9.9%, Nasdaq -14.8%, Russell -15.3%
This is now Nasdaq’s worst year since 2011…
How long until we hear from President Trump?
The Invesco QQQ Trust Series I (QQQ) was trading at $160.99 per share on Tuesday afternoon, down $1.07 (-0.66%). Year-to-date, QQQ has gained 3.53%, versus a 0.28% rise in the benchmark S&P 500 index during the same period.
QQQ currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #1 of 41 ETFs in the Large Cap Growth ETFs category.
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