Direxion's QQQU, QQQD ETFs Foster A Diversified Approach To Magnificent 7 Speculation
1. Magnificent Seven stocks achieved record $21 trillion market cap in September. 2. Leading companies like Nvidia and Microsoft drive technological innovation and productivity. 3. Concerns rise over market concentration reflecting levels seen during dot-com bubble. 4. QQQD ETF has faced a 20% loss year-to-date, indicating bearish market sentiment. 5. Spike in accumulation suggests potential bet against overvaluation in tech stocks.