QQQ SURGES TO NEW HIGH… Large-cap techs took charge on Friday and powered the
Nasdaq 100 ETF (QQQ) to a new high. The underlying index, Nasdaq 100, is now around 6% from its all time high, which was recorded in March 2000. Chart 1 shows QQQ surging to new highs in February, consolidating from early March to mid April and resuming the uptrend with a breakout this week…