#NasdaqETFUpdate

#NasdaqETFUpdate: Tech Leads the Charge Again?

The Nasdaq is back in focus as tech-heavy ETFs show signs of renewed momentum. After a mixed first half of the year, key Nasdaq-tracking funds are beginning to flash strength — but is it sustainable?

💡 Top ETFs to Watch:

QQQ (Invesco QQQ Trust): The most popular Nasdaq-100 tracker. Up recently as mega-cap tech (think NVDA, MSFT, AAPL) regains strength.

TQQQ (ProShares UltraPro QQQ): A 3x leveraged play for aggressive traders — big moves both ways.

QYLD (Global X Nasdaq 100 Covered Call ETF): A high-yielding option for income-focused investors, but underperforms in strong rallies.

🔍 What's Driving the Moves?

AI and semiconductor momentum (led by NVIDIA and AMD)

Earnings optimism in tech giants

Fed rate pause expectations boosting growth stocks

Retail inflows returning to tech ETFs after months of hesitation

⚠️ Risks to Watch:

Valuations are stretched in some names

Macro uncertainty still lingers (inflation, rates, geopolitical)

Rebalancing pressure near quarter-end could spark volatility

📈 Whether you’re trading leveraged products or building a long-term position, Nasdaq-focused ETFs remain a key tool to track tech-sector sentiment.

Are we looking at a breakout — or another bull trap? Stay tuned.