Can QQQ Overcome Short-Term Hurdles?

The PowerShares QQQ (NasdaqGM: QQQ), which tracks the tech heavy Nasdaq-100 Index, is dealing with the recent pullback in the FAANG stocks, but the widely followed exchange traded fund is higher by 18.5% year-to-date and still resides near record highs. Those points could be signs that QQQ and the Nasdaq Composite can deal with the…Click to read more at ETFtrends.com.