#NasdaqETFUpdate
📊 #NasdaqETFUpdate — What is happening with the Nasdaq index and related ETFs?
🔹 The Nasdaq 100 index shows steady growth after strong reports from major tech companies. Investors are once again showing interest in risky assets.
🔍 Key growth factors:
📈 Strong quarterly reports from $NVDA, $MSFT, and $AAPL.
🏦 Expectations of a rate cut by the Fed in the second half of the year.
🤖 The AI boom continues to fuel interest in the tech sector.
💼 Popular Nasdaq-based ETFs:
$QQQ (Invesco QQQ Trust) — already +6.5% for the month.
$TQQQ (ProShares UltraPro QQQ) — +19% over the same period, but with high risk.
$PSQ (inverse ETF on Nasdaq) — in a drawdown, as expected amid the index's growth.
📌 Investment idea:
In the short term, the Nasdaq may continue to grow, but it is important to monitor inflation data and the Fed's rhetoric. If profit-taking occurs, a pullback is possible.
⚠️ Don't forget: leveraged ETFs carry increased risk. Manage your capital wisely.