Why the Invesco QQQ ETF Will Likely Struggle in 2020
The Invesco QQQ ETF (NASDAQ:) is an exchange-traded fund based on the Nasdaq-100 Index. The Nasdaq-100 Index includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization. QQQ stock has certainly had a fabulous 2019, gaining a resounding 37% so far this year. This will likely mark the best year for QQQ since 2009 when the Financial Crisis ended. But all good things come to an end. Look for next year to be a difficult one for the NASDAQ.