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Barchart
Barchart
Rob Isbitts

I’m Preparing for a ‘Bang’ When the Nasdaq Crashes. Here’s How I’m Trading the QQQ ETF First.

Traders once fawned over the S&P 500 Index ($SPX), and prior to that, the Dow Jones Industrial Average ($DOWI). But over time, especially since the COVID-19 pandemic, the Invesco Nasdaq QQQ Trust (QQQ) has stolen the spotlight. 

How popular has QQQ become? Well, I don’t know why Invesco changed its name to actually include the ticker symbol in 2018. But that seems to be a sign that it has reached star status. So when I’m looking for market direction, I look there.

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