News•Feb 25, 2026
MarketWatch: “Popular QQQ ETF Faces a Crucial Moment with Nvidia Earnings on Deck After Its Rare Pullback”
The Invesco QQQ Trust has slipped 3.2% over the last 50 trading days, a rare pullback for an index that historically posts gains in 74% of similar periods since 2015. DataTrek’s Jessica Rabe notes that the recent 50‑day return sits below the average drawdown, suggesting investors are discounting lingering macro concerns. The ETF’s near‑term trajectory hinges on Big Tech’s ability to translate AI spending into earnings, with Nvidia’s upcoming results poised as a potential catalyst. A new positive driver, such as reduced AI capex, could also revive momentum.
By DataTrek Research – Blog
