The latest close for QLD stock price at $78.95 underscores sustained market confidence in leveraged Nasdaq-100 exposure. Traders eye key resistance at $79.50, with breakout potential tied to forthcoming economic data releases. Chip designer Nvidia (NASDAQ: NVDA) is absolutely crushing the stock market these days. Nvidia's stock has provided a total return of 147% since the start of 2024, leaving the S&P 500 (SNPINDEX: ^GSPC) index far behind at a 13% total return. "It'll take two or three years to rebuild [stock numbers] and that will impact on their viability over that time." QLD stock price trades at $78.74, backed by solid fundamentals in Nasdaq-100 heavyweights. Chartists identify possible short-term breakout points as the ETF rides the seasonal strength often seen in Q2 tech cycles.
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