David Fry From ETF Digest goes into detail on a technology ETF with the PowerShares QQQ ETF (QQQQ) in a video.
Fry Notes, “The PowerShares NASDAQ 100 ETF (NASDAQ:QQQQ) is a very popular ETF weighted heavily (20%) by Apple, Inc. (NASDAQ:AAPL). Like many markets affected by oil/MENA turmoil, the QQQQs are in a precarious state not helped by an analyst tech downgrade Monday.”
See the video below on his ETF in focus with the PowerShares QQQ ETF (QQQQ) technical analysis below:
Take a look at our category on this ETF for more in-depth articles below:
PowerShares QQQ ETF (NASDAQ:QQQQ) – Visit Our (QQQQ) Category: HERE