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Invesco QQQ Trust (QQQ) are all green just before 12:30 PM EST.
The move higher Thursday prompted optimism from some analysts, who feel that this week’s action signals just a pullback in a continuing uptrend.
“This bull market ultimately has further to run,” said Keith Lerner, chief market strategist at Truist. “Investors who are underweight equities should look to average into the market weakness and become more aggressive.”
While most sectors suffered damage this week, some investors were more enthusiastic about the economy, championing reopening trades like airlines and cruise line operators. The optimism helped fuel American Airlines, United, and Delta over 2% higher, and boosted the
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