Tech ETFs Look for Boost from Apple’s Blowout Quarter | Page 2 of 2 | ETF Trends

Apple is the largest component in PowerShares QQQ (NasdaqGM: QQQ). The Nasdaq-100 ETF soared more than 2% as the tech sector led 202-point rally in the Dow on Tuesday.

The highly traded ETF has bounced at its 50-day moving average with investors looking for more earnings from the tech sector this week. [Nasdaq ETF Looks for Support at 50-Day; Tech Earnings Parade Starts]

PowerShares QQQ was up 6% year to date as of July 18. [Nasdaq ETF Rallies Before Apple Earnings]

PowerShares QQQ