Should You Buy the Invesco QQQ ETF During the Nasdaq Correction? History Offers a Clear Answer.
The Nasdaq-100 index features 100 of the largest nonfinancial companies listed on the Nasdaq stock exchange. It's home to many of the trillion-dollar tech giants that lead the artificial intelligence (AI) industry, so it has delivered spectacular returns over the last couple of years.However, it's currently in the throes of a correction after declining by as much as 13% from its recent all-time high.Investors have taken some money off the table because a combination of elevated valuations and uncertainty surrounding tariffs and global trade have dampened sentiment. However, the Nasdaq-100 has climbed to new record highs after every correction since it was established in 1985, so this is likely to be a great buying opportunity in the long run.Continue reading
The Nasdaq-100 index features 100 of the largest nonfinancial companies listed on the Nasdaq stock exchange. It's home to many of the trillion-dollar tech giants that lead the artificial intelligence (AI) industry, so it has delivered spectacular returns over the last couple of years.
However, it's currently in the throes of a correction after declining by as much as 13% from its recent all-time high.
Investors have taken some money off the table because a combination of elevated valuations and uncertainty surrounding tariffs and global trade have dampened sentiment. However, the Nasdaq-100 has climbed to new record highs after every correction since it was established in 1985, so this is likely to be a great buying opportunity in the long run.
