POWERSHARES QQQ TRUST SERIES 1 (QQQ)

The unexpected, unanticipated, Thursday,  June 23rd, 2016, United Kingdom “Brexit” vote to leave the European Union (EU) hammered global markets as approximately two trillion dollars of global valuation was wiped out.  IMHO, that fact alone, is a pretty good indication the so called experts have no clue as to what they are saying or doing.   The Nasdaq Comp closed  at 4,707.98  down -202.06 points or (-4.12%).    Which brings us to the related Exchange Traded Fund (ETF):

POWERSHARES QQQ TRUST SERIES 1       QQQ

$104.29 down -4.48 (-4.12%)  as of 4:00 PM ET 06/24/2016
           —–                 —–
  The investment seeks investment results that generally correspond to the price and yield performance of the index. To maintain the correspondence between the composition and weights of the securities in the trust (the “securities”) and the stocks in the Nasdaq-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index.
           —–                 —–
I. Select QQQ ETF metrics
  • Tracking Error       0.04
  • Primary Exchange     NASDAQ-NMS
  • Average Volume (10-Day)   28,871,316
  • Average Volume (90-Day)   26,477,981
  •  52-Week High 12/02/2015 115.75
  • 52-Week Low 08/24/2015 84.74
  • Price Performance (Last 52 Wk)  06/24/2016 -5.38%
  • Indicative Intraday Value as of 5:15:59pm ET 06/24/2016 104.36
  • NAV (Previous Day) as of 06/24/2016 104.3622
  • Bid/Ask Midpoint (Previous Day) as of 06/24/2016 104.35
  • Bid/Ask Spread (1 Month Average) as of 05/31/2016 0.01%
  • Premium / Discount (Previous Day) as of 06/24/2016 -0.07%
  • Premium/Discount (1 Month Rolling Average) as of 06/24/2016 0.00%
  • Net Assets  as of 05/31/2016            $37.0B
  • Net Flows (Prior Trading Day)            -$217,577,000
  • Shares Outstanding                     333,700,000

 

I. a.  Select QQQ  ETF Short Info

  • Shares Short                                 49,938,622
  • Short Interest as a % of Shares Outstanding      15.10%
  • Days to Cover             2.48

 I. b. Select QQQ  Dividend Info

  • Ex-Date                 06/17/2016
  • Distribution Pay Date   06/30/2016
  • Distribution NAV           106.53
  • Long-term Capital Gain          —
  • Short-term Capital Gain          —
  • Return of Capital                —
  • Dividend Income          0.286650
  • Distribution Yield (TTM)   1.06%

 

II.  POWERSHARES QQQ TRUST SERIES 1   (QQQ)  Support and Resistance for Monday, 6/27/2016

 Below you will find the 52 week performance, and the Year-to-Date (YTD) performance to the POWERSHARES QQQ TRUST SERIES 1   (QQQ).    For tracking the day’s action, here are the Daily, Weekly, and Monthly (d-w-m) charts plus Pivot Points (PP), Support points (s1, s2), Resistance points (r1, r2),  and the 50 day-week-month (sma50) and 200 day-week-month (sma200) simple moving averages.

:: If the related index, or stock, is above the pivot point, the pivot point is both support, and an indication that Mr. & Ms. Fickle Markets are Bullish.

:: If the related Index, or stock, is below the pivot point, then the pivot point represents resistance, as well as an indication that Mr. & Ms. Fickle Markets are Bearish.

:: Please Note: ALL projections are for reference only as they can be easily exceeded, up or down, by Mr. & Ms. Fickle Market.

—–                 —–

 

qqq 20160624d

Chart #1 (above, daily, PivotPt)

       —–

( 22.d) For the POWERSHARES QQQ TRUST SERIES 1  (NASDAQ-NMS: QQQ)
Closed 6/24 down  @  104.29  -4.48 (-4.12%)
:: Closed   (below 6/24 PP)  (below 6/27 PP)

  •    :: Pivot point (PP)   104.953   (daily)
  • Support (s1)  103.407       Support (s2)   102.523
  • Resistance (r1)   105.837   Resistance (r2)   107.383
  • Simple Moving Average (Close 50):    107.943
  • Simple Moving Average (Close 200):   107.661
qqq 20160624w
 Chart#2 (above, weekly, PivotPt)

—–                 —–

( 22.w) For the POWERSHARES QQQ TRUST SERIES 1  (NASDAQ-NMS: QQQ)
Closed 6/24 down  @  104.29  -4.48 (-4.12%)
:: Closed   (below 6/24 PP)  (below 7/1 PP)

  •    :: Pivot point (PP)   105.715  (weekly)
  • Support (s1)  102.645       Support (s2)   101.00
  • Resistance (r1)   107.36   Resistance (r2)   110.43
  • Simple Moving Average (Close 50):    107.656
  • Simple Moving Average (Close 200):    91.6336

 

qqq 20160624m

Chart#3 (above, monthly, PivotPt)

—–

( 22.m) For the POWERSHARES QQQ TRUST SERIES 1  (NASDAQ-NMS: QQQ)
Closed 6/24 down  @  104.29  -4.48 (-4.12%)
:: Closed   (below 5/31 PP)  (below 6/30 PP)

  •   :: Pivot point (PP)   106.367  (monthly)
  • Support (s1)  101.993       Support (s2)   99.6967
  • Resistance (r1)   108.663   Resistance (r2)   1113.037
  • Simple Moving Average (Close 50):     89.9223
  • Simple Moving Average (Close 200):    56.6318
—–  Monday, 6/27/2016   thru  Friday 7/1/2016  ——-

Hope the above  POWERSHARES QQQ TRUST SERIES 1  (NASDAQ-NMS: QQQ) Charts, Pivot Points, Support, and Resistance calculations for Monday, 6/27/2016 help your investing and trading planning today …

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