QQQ: A Little Dip, Maybe? Let’s Talk.

Right, so. Nasdaq. Over 3,500 companies decided to list there. A bit of a free-for-all, really. The Nasdaq-100? That’s the top 100, excluding the banks. Honestly, who needs more banking drama? It’s like they’re not already taking enough from us.

Tech dominates, naturally. Nearly 60% weighting. Which means if AI sneezes, the whole index catches a cold. It’s predictable, isn’t it? All this chasing of the shiny new thing. And yes, it usually delivers better returns than the S&P 500. But ‘usually’ is doing a lot of heavy lifting here, don’t you think?

Currently, it’s down 8.8% from its peak. The S&P 500? A mere 7%. A little bruised, but still breathing. I’m not saying I enjoy seeing red, but it does make things…interesting. It’s a reminder that nothing goes up forever. Except maybe the price of avocado toast. That’s a constant.

The Invesco QQQ Trust (QQQ 1.85%)? That’s just a fancy way of saying it tracks the Nasdaq-100. Same stocks, same weighting. The question is, is this a buying opportunity? Or are we about to witness a spectacular implosion? Let’s look at the history, shall we? Because frankly, I need a good story right now.

Tech Stocks Tend to Lead the Market Higher (When They’re Not Distracting Us)

The Nasdaq-100 is about 60% tech. Let’s be clear: that’s a lot of eggs in one basket. Five companies are valued at over a trillion dollars. Four of them are in the Nasdaq-100. It’s almost… comforting, isn’t it? Knowing where all the money is.

Nvidia: $4.2 trillion. They’re basically printing money at this point.
Apple: $3.64 trillion. Still selling us slightly upgraded versions of the same phone. Genius.
Microsoft: $2.84 trillion. They’re everywhere. Truly.
Taiwan Semiconductor Manufacturing: $1.71 trillion (not in the Nasdaq-100, because listing rules, apparently).
Broadcom: $1.47 trillion.

Over the last decade, Nvidia, Apple, Microsoft, and Broadcom have delivered a median return of 1,400%. A casual 1,400%. That contributed to a 452% return in the Nasdaq-100, which is twice the S&P 500. Honestly, it’s almost obscene. Makes you wonder what everyone else is doing with their money.

And then there’s Alphabet, Amazon, Tesla, Meta. They aren’t strictly tech, but they’re all playing the AI game. And their stocks have been on a tear. It’s a bit of a bubble, isn’t it? But who am I to judge? I’m just here to trade it.

There are also some up-and-comers: Advanced Micro Devices, Micron Technology, Palantir Technologies, Netflix, CrowdStrike. They could drive things higher. Or they could just… not. It’s the market. It’s unpredictable. It’s exhausting.

There is Rarely a Bad Time to Invest (Says the Person Who Makes Money When It Goes Up and Down)

Volatility is inevitable. It’s the price of admission. The Nasdaq-100 has seen five bear markets since 1999. Five! Each one caused by something different: dot-com bubble, financial crisis, pandemic, inflation, some bizarre tariff situation. It’s like the universe is actively trying to ruin everyone’s retirement plans.

Predicting the next crash is a fool’s errand. Honestly. So, staying the course is the key. Even when it feels like everything is falling apart. The Invesco QQQ ETF has produced a compound annual return of 10.3% since 1999, despite all the chaos. And over the last decade, it’s been 20.3%. Not bad, right? Not bad at all.

AI stocks are likely to keep driving things higher. Robotics, autonomous vehicles, quantum computing… it’s all a bit science fiction, isn’t it? But it’s happening. And the Invesco QQQ ETF is positioned to benefit. So, yeah, now might be a good time to buy. Or it might not. Honestly, I have no idea. But it’s more fun to take the risk, isn’t it?

2026-03-23 11:34

Tech Stocks Tend to Lead the Market Higher (When They’re Not Distracting Us)

There is Rarely a Bad Time to Invest (Says the Person Who Makes Money When It Goes Up and Down)

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