The Nasdaq-linked ETFs are showing strong resilience as tech giants continue to outperform expectations. With the Federal Reserve maintaining a cautious stance on interest rate cuts, investors are increasingly turning to ETFs like QQQ, QQQM, and TQQQ for exposure to the innovation-driven Nasdaq 100. AI, semiconductor, and cloud sectors remain at the forefront of this bullish sentiment, powered by names like Nvidia, Microsoft, and Amazon.
Despite minor volatility, long-term momentum stays positive, especially in leveraged ETFs, which are seeing growing retail interest. Keep an eye on upcoming earnings and macroeconomic data – they’ll shape the next wave.