QID ProShares UltraShort QQQ
- 46.720
- -1.940-3.99%
'Sell in May and Go Away': Does It Apply in 2024?
Will April's Pullback Bring 'May Flowers' for Stocks? Or Is It Time to Sell in May and Go Away?
US stocks closed | PCE suspends inflation concerns, Google's performance soared more than 10% after that, and Nvidia rose more than 6%
The S&P Index rose 2.67% this week, and the NASDAQ rose 4.23%, all of which recorded the biggest weekly gain since November last year; the China General Index rose nearly 9% weekly, the biggest increase since July last year.
Major Averages Are on Pace to Close Out Worst Day of Trading in Nearly a Month
US stocks closed | The NASDAQ rose slightly, Google rose more than 3% to a record high, Micron rose more than 5%, and Trump Media Technology fell more than 21%
Tesla's intraday decline of more than 3% covered most of the declines; Nvidia almost closed down, falling more than 1%; the chip stock index rose three times in a row, with Micron rising more than 5%; and Trump Media fell more than 21% after the earnings report.
US stocks closed | Apple supported S&P's rebound to a new closing high, Nvidia reversed the market and fell more than 2%, and MSD surged nearly 5% to a record high
The S&P Dow ended three consecutive declines. The Dow rose more than 1.2% to record the biggest increase in three months. The NASDAQ closed higher but turned down several times in the intraday period. MSD closed up nearly 5%, and Intel rose more than 4%, leading the Dow. On the two days of its listing, Trump Media closed up more than 10% daily.
US stocks closed | The three major indices collectively closed down, Nvidia surged high and dived at the end of the session, and Tesla reversed the market and rose nearly 3%
The three major US stock indexes hit a one-week low during the intraday period, and the S&P Dow fell three times in a row. The AI “monster stock” ultra-microcomputer market initially rose 6% and then closed down nearly 2%; Trump's social media company debut closed up 16%. China's stock index fell four times in a row, with NIO falling more than 2%, Baidu falling nearly 2%, and Ali rising slightly.
US stocks closed | The three major indices closed down slightly, and Nvidia hit a new closing high; cryptocurrency concept stocks strengthened, and MSTR rose nearly 22%
The S&P Dow fell two times in a row, and the NASDAQ stopped rising for five consecutive years. The “Seven Sisters” of technology fell sharply in the intraday market. Apple, Google, and Meta, which were surveyed by the European Union, all fell more than 1% in the intraday period, and Nvidia rose more than 2% after rising; the chip stock index ended two consecutive gains, and AMD and Intel both fell more than 4% in the intraday; AI concept stock Super Micro (SMCI) closed up more than 7%; and Trump's social media closed up the merger and acquisition company DWAC by 35%.
US stocks closed | NASDAQ closed at a record high, Nvidia rose more than 3% to a record high, and GTC increased by more than 7% during the week of the GTC conference
Only Apple, the “Seven Sisters” of technology, declined throughout the week. After the earnings report, FedEx rose more than 7%, Nike fell nearly 7%, leading the decline in Dow's constituent stocks; Reddit fell nearly 9% the day after listing. China's stock index fell nearly 2%. In the second week of the Dragon Year, Xiaopeng Motors fell nearly 8%.
UltraShort QQQ Declares Quarterly Distribution of $0.1576
ProShares UltraShort QQQ To Carry Out 1-for-5 Reverse Stock Split On April 10th, 2024
March 22nd - $ProShares UltraShort QQQ(QID.US)$ is about to implement a 1-for-5 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from April 10th, 2024.$ProShares
ProShares Announces ETF Share Splits
ProShares, a premier provider of ETFs, announced today forward and reverse share splits on eleven of its ETFs. The splits will not change the total value of a shareholder's investment and will be effective on two
US stocks closed | The three major indices collectively closed higher, the NASDAQ rose nearly 1%, and Tesla rose more than 6% to lead large technology stocks
During the FOMC decision week, the market rapidly lowered its bet on the Fed's interest rate cut in June. S&P indicated an increase of more than 1% at the beginning of the session, and Nvidia closed up 0.7% after opening 5% higher, driving the increase in chip stocks to narrow in the afternoon. China's stock index opened high and went low. Ideal Auto fell by more than 12%, while Ehang Smart turned down for a while after rising 30%.
What to Expect in the Week Ahead (SE, NIO, and COST Earnings; Powell Testimony, Non-farm Payrolls)
During the first full trading week of March, macroeconomic issues will be the main focus for investors.
US stocks closed | The three major indices fell slightly, Bitcoin concept stocks soared, and MicroStrategy rose more than 10%
The Dow NASDAQ closed at a one-week low; the tech giant “Seven Sisters” once again fell sharply in the intraday period. Google closed down nearly 2%, while Tesla closed up more than 1%; the chip stock index fell more than 1%, underperforming the market, and Nvidia fell more than 1%.
US stocks closed | S&P and Dow continued to hit record highs. Nvidia's market capitalization once exceeded 2 trillion dollars, and ultra-microcomputers plummeted nearly 12%
The Nasdaq index turned down during the intraday period. The Dow hit record highs for two days, with S&P closing slightly higher, rising more than 1% this week; the tech giant “Seven Sisters” had a sharp intraday decline, Tesla closed down nearly 3%, Nvidia rose nearly 5% at the beginning of the market, topped 2 trillion US dollars, closed up 0.4%, and the earnings report week was up 8.5%.
US stocks closed | S&P broke through the 5,000 mark, and Nvidia rose more than 3% to a record high
Microsoft rose more than 1%, hitting a record closing high for three days; the chip stock index rose 2%, Nvidia closed up a record high of 3.6%; Arm, which fell 10% at the beginning of the session, closed up more than 1%, rising 62% during the earnings week; and the AI concept stock Palantir rose 43% in the weekly earnings report. The regional bank NYCB closed up nearly 17% and is still down nearly 20% this week. China's stock index rose more than 1%, surged more than 5% in the last week of the Year of the Rabbit, and Baidu and Tencent rose more than 2%. European chip stock ASML rose 2.5% to a seven-day record high. L'Oréal fell 7.6% after the earnings report.
US stocks closed | The Dow rose four times in a row to reach record highs. The S&P and NASDAQ declined, and Google and AMD all fell more than 5% after the session
S&P left its record high for the time being. The NASDAQ fell to a two-year high, and the Dow hit a record high for four consecutive days. Guo Mingyi expects iPhone shipments to drop sharply this year, with Apple closing down nearly 2%; Microsoft hit a record high in the market and then falling; the earnings report first rose more than 1% after the market, then turned down; after the earnings report, Google fell by more than 5% after the market, and AMD fell by more than 6% after the market.
US stocks closed | S&P and Dow continued to reach new highs, Tesla rose more than 4% to lead tech stocks, and Microsoft and Google reached record highs before financial reports
After the US Treasury announced a lower loan forecast for the first quarter, the rise in US stocks widened, and the decline in US bond yields widened. The 10-year yield broke 4.10%, hit a new low of more than a week, and rebounded to a new high of more than six weeks. The US dollar index fell for a while.
S&P 500 Slips With Chip Stocks Center Stage
The rally in chip stocks faltered Friday.