ETF Trends: “Triple “QQQ” ETF Exposure Providing Dynamite Gains”By admin_45 in IN THE NEWS
Excerpt from ETF Trends quoting DataTrek's Nick Colas:
... "Tech is one of the few S&P sectors with +50% non-U.S. revenues and profits,” wrote Nick Colas, co-founder of DataTrek Research, in a note to clients. “The exact number is 58% non-U.S. sales, the highest of any industry group. That makes it the poster child for international trade, and not just with China. Markets were hoping that a calm resolution to U.S.-China trade disputes would pave the way for other agreements”...
Read the full article here on ETF Trends!