#NasdaqETFUpdate **#NasdaqETFUpdate: Tracking Tech’s Resurgence**
The Nasdaq-100 ETF ($QQQ) is gaining momentum as tech stocks rebound amid easing rate hike fears. With giants like Apple, Microsoft, and Nvidia leading the charge, QQQ has surged past key resistance levels, reflecting renewed investor confidence.
Inflows into Nasdaq ETFs hit multi-week highs, signaling bullish sentiment. However, volatility persists—rising bond yields and Fed commentary could pressure growth stocks. Traders are watching the 50-day MA for support.
For long-term investors, dollar-cost averaging remains prudent, while active traders capitalize on sector rotations. Will AI and big tech sustain the rally? Stay tuned for earnings catalysts. #ETFs #TechStocks #Investing