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Quote of the Day

"Perhaps QQQ's success is a simple story of brand value. Many see Nasdaq as the home of growth and big tech stocks. QQQ is the wrapper that encapsulates that. There’s value in that brand."

(Cinthia Murphy)

Chart of the Day

Next Era Energy ($NEE) is bigger than ExxonMobil ($XOM) as measured by market cap. (chart via @ycharts)