• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Stock The Nasdaq 100 vs the Rest of the World
Stock

The Nasdaq 100 vs the Rest of the World

by June 11, 2023
by June 11, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

A long-term chart shows why the Nasdaq 100 is the place to be, or at least, “was” the place to be. Past performance does not guarantee future performance. The performance chart below shows the 16+ year percentage gain for QQQ and five other ETFs. These include the S&P 500 SPDR (SPY), S&P 100 ETF (OEF), Russell 1000 ETF (IWB), S&P MidCap 400 SPDR (MDY) and S&P SmallCap 600 SPDR (IJR). These five are grouped together with a total return somewhere in the 200 percent area. QQQ stands out because its total return is over 700%.

The next chart shows QQQ and the same index ETFs since January 2020. QQQ was up some 138% from the March 2020 low to the November 2021 peak. It then fell some 36% into the October 2022 low and advanced around 36% from October 2022 to early June 2023. These big swings show that QQQ goes up more during broad market advances and falls more during broad market declines. The net result is positive and QQQ is the place to be for traders looking to capture beta. TrendInvestorPro recently introduced a trend-momentum strategy in which Nasdaq 100 stocks seriously outperformed.

 

What exactly is the Nasdaq 100? The Nasdaq 100 is the top 100 non-financial stocks in the Nasdaq. “Non-financial” is the key word there. Top means stocks with the highest market capitalization. As far as groups are concerned, the Nasdaq 100 includes industrials, technology, retail, telecom, biotech, healthcare, transports, media and services.

The Nasdaq 100 was created in 1985 and financial stocks were put in a separate index, the Nasdaq Financial-100 ($IXF). This index covers banks, insurance, brokers and mortgage lenders. Clearly, it was a good decision to leave financials out because $IXF is up just 38% since January 2007. The chart below shows performance for QQQ, the Nasdaq Composite ETF (ONEQ) and the Nasdaq 100-Financials Index ($IFX). Financials?! We don’t need no stinkin financials. I would also say the same for utilities, staples and REITs.

TrendInvestorPro recently introduced a trend-momentum strategy using Normalized ROC to trade Nasdaq 100 stocks. This strategy also uses the Composite Breadth Model and Trend Composite, as well as the Exponential Slope to set a momentum minimum. Subscribers get access to an article detailing the strategy and showing performance metrics. Click here for immediate access.

Normalized-ROC, the Trend Composite, ATR Trailing Stop and nine other indicators are part of the TrendInvestorPro Indicator Edge Plugin for StockCharts ACP. Click here to take your analysis process to the next level.

—————————————

You Might Also Like
  • S&P 500 Under Pressure, Can Strong Seasonality Save It?
  • DP Trading Room: AI Bubble Deflating
  • Equal-weight Semis Break Down – Is SOXX Next? – with video (Free)
  • The Best Five Sectors, #4
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Six months after ‘zero Covid,’ U.S. firms in China still face ‘uncertainty on top of uncertainty’
next post
Trump reveals his thoughts on barrage of legal charges, investigations: ‘In a sick way I sort of enjoy it’

You may also like

Finance Sector Leads as Bank SPDR Extends on Breakout

February 7, 2025

Are the Once High-Flying MAG 7 Stocks Just Mediocre Now?

February 11, 2025

It all Started with a Big Bang!

September 2, 2024

Three Charts Screaming Market Top

September 7, 2024

Jobs Soar Past Estimates, But What Happens Next?

October 4, 2024

The Halftime Show: Homebuilder and Building Product Stocks in Downtrend

September 19, 2023

Remember Those 3 Signs of Inflation to Watch?

January 25, 2024

Roblox Bounces Back: Is It Worth Buying?

February 17, 2023

SCTR Report: American Tower is Breaking Out Now; Don’t Miss...

October 15, 2024

Five Ways You Should Use ChartLists Starting Today!

November 27, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025
    • The Unpredictable Stock Market: How to Make Sense of It

      May 8, 2025
    • AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

      May 7, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,630 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,339 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,320 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,302 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,186 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout,...

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    The Road to SPX 5000

    March 4, 2023

    History Tells Us We’re Going A...

    February 5, 2023

    Unlock the Secret To Finding Strong...

    October 21, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here