An 'Extremely Rare' Occurrence Has Taken Place in a Popular Tech Fund

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An 'Extremely Rare' Occurrence Has Taken Place in a Popular Tech Fund
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The Invesco QQQ Trust, among the most popular tech funds, is flashing a rare sign. It's the third consecutive time the fund has done that; in the past two days the QQQ has opened a full percent and 0.8% higher than its prior day's intraday high, respectively. "Consecutive true gaps are rare, and three straight, as we discussed, are extremely rare," says Jonathan Krinsky, chief market technician at BTIG.

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