What investors are saying about Invesco QQQ Trust (Nasdaq-100 ETF) (QQQ)

Summary

In the past 30 days, 5 people on 5 investor and market shows discussed Invesco QQQ Trust (Nasdaq-100 ETF) (QQQ) in 5 views. Going by each speaker's latest call, 2 are bullish and 2 are bearish. Chorus has followed Invesco QQQ Trust (Nasdaq-100 ETF) since October 16, 2026.

Who talks about it most

• Noel Smith · 1
• David Spika · 1
• Tom Lee · 1
• Dan Greenhaus · 1
• Chris Vermeulen · 1

The latest views

Newest first. Every quote is checked against the episode's transcript.

• Noel Smith · Kai Volatility AdvisorsBearish

  Higher rates favor value over growth, so QQQ should underperform SPY on a relative basis.

  Smith restates Cem's view that higher interest rates punish duration. He says growth stocks need cash flow to pay ongoing bills, and value stocks that generate cash flow now will outperform on a risk-adjusted basis. He frames this as a relative-value trade: short QQQ, which is growth-heavy, against long SPY, which holds more value. He says this is only partly a joke, so the view is less firm than a fully argued position.

  “That's why I gave my smart aleck answer, which is short Qs, long SPY as a relative value trade.”at 41:31

  Monetary Matters: Structural Flows Will Support Stocks Until the U.S. Treasury Crisis in 2027 | Cem Karsan & Noel Smith | Kai Asset Management · November 9, 2026

• David Spika · Turtle Creek Wealth AdvisorsBullish

  Nasdaq is a financial tech and index-licensing business, not an AI play, and a good non-AI pick.

  Spika says Nasdaq is not an AI play. Its market infrastructure is what it is known for, and it does better when trading volumes are higher, so a day like this is not necessarily a boost. He argues it is turning into a financial tech company with mission-critical software, data and analytics that help clients with compliance, regulatory issues and risk management. He also stresses its index business, which earns licensing fees from the indices and the ETFs built on them. Together these make it a non-AI idea that holds up in the sell-off.

  “they're also turning into a financial tech company with software and data and analytics. And so mission critical software that helps with things like compliance and regulatory issues and risk management.”at 38:01

  CNBC Power Lunch: Tech Sell-Off, AI Trade Fears and Amb. Tilman Fertitta · November 5, 2026

• Tom Lee · Fundstrat Global AdvisorsBullish

  Tech (the Nasdaq-100, 'triple Q') should rally at least 15% between now and year-end.

  Lee expects the tech-heavy Nasdaq-100 to rebound after its more-than-10% correction from the October peak. His support is the parallel with the earlier sell-off, when the Nasdaq fell 12% and was followed by a 15% rally. He sees the market in the same oversold position and believes the bottom is very likely in.

  “Technology, you know, the triple q, is gonna do at least a 15% rally between now and year end.”at 4:32

  Prof G Markets: Tom Lee: The Correction Is Over — Stocks Are About To Surge · November 4, 2026

• Dan Greenhaus · Solus Alternative Asset ManagementUncertain

  Nasdaq 100 nears its 200-day average; a bounce there could mark a basing area for a year-end rally.

  Greenhaus notes the Nasdaq 100 is coming up on its 200-day moving average. He says that doesn't automatically mean a bounce, but the level is often important. He expects a little more downside before reaching it. If the level holds and there are no other terrible headlines, it could be a basing area for a rally into year-end.

  “the [QQQ] are coming up on the two hundred day moving average. And not that that automatically means a bounce, but it quite often is important.”at 42:24

  CNBC Closing Bell: Closing Bell: 10/30/26 · October 30, 2026

• Chris Vermeulen · The Technical TradersBearish

  Nasdaq trend has turned down; he exited QQQ and QLD and expects further tech downside.

  His Nasdaq strategy has turned to a downtrend, which he says means money is flowing out of technology. His stops triggered, so he sold QQQ and QLD and locked in profits. The trend change is the reason for the exit, not a change in the long-term view. He says QQQ is at a 50% retracement and a pivot low, and a close below about $660 could take it to about $555. The transcript reads $5.55, which is likely $555. He says the strategy signals avoiding technology stocks for now.

  “We're actually now have a negative trend, a trend down for the Nasdaq, meaning you don't wanna hold technology stocks at all right now.”at 11:43

  The David Lin Report: Panic Selling Continues; Trader Dumps Stocks Before Next 20% Drop | Chris Vermeulen · October 16, 2026