Wednesday’s ETF To Watch: NASDAQ Fund (QQQ)

After several dismal trading sessions, investors were able to get their minds off of frustrating debt woes, and celebrate a strong earnings lineup from a number of American bellwethers. Now that earnings season is underway, it will likely be the dominant market mover, while governments’ around the world, including our own, try to figure out a way to deal with their respective debt crises. In the US, our situation finally took a turn for the better during Tuesday trading, as President Obama embraced a bipartisan proposal to reign in the deficit and help avoid an early August default. Thanks to these easing tensions, the focus will likely continue to be on the slew of earnings reports that will arise, as some of the most popular blue chip firms get ready to announce their most recent fiscal quarter results [see also ETF Insider: A Most Unexpected Rally]. Yesterday, after the bell, [...] Click here to read the original article on ETFdb.com. Related Posts: AAPL Weighting In QQQ To Be Slashed NSX Data: VWO Leads All ETFs In YTD Inflows Up In The Clouds: First Cloud Computing ETF Debuts ETF Insider: A Most Unexpected Rally ETF Insider: The Market Dodges A Greek Bullet