Garden-variety Incompetence

“I don’t like fear mongers from both sides of the aisle,” says a reader about voting in 2020. “The process will play itself out with vigilant watchers on both sides.”

Our next reader agrees: “Don’t know where you are, but in Ohio there are no issues [with voting].

“I am a volunteer poll worker. All in-person votes are collated with mail and absentee ballots. The latter two are opened and immediately entered into the system that searches for and rejects any duplicates.

“A similar system was used in the county where I formerly resided in Kentucky.”

Our next contributor brings up the Golden State: “Definitely concerned about fraud through the mail-in process, especially in California.”

And another reader tries to allay fears: “L.A. County sent out many ballots to people who had died or moved. That’s not fraud — that’s just incompetence.

“There’s no evidence anyone tried to use these ballots fraudulently. If those who received them would have done the responsible thing and returned them to sender, the county could update its rolls.”

Thanks, again, to our contributors for taking the time to write in…

Send your opinions to,

Your Rundown for Wednesday, Oct. 21, 2020…


Asset manager Invesco is tripling down on the Qs…

The company’s $138.78-billion Invesco QQQ Trust Series 1 ETF (NASDAQ: QQQ) “provides exposure to the 100 largest nonfinancial companies listed on the Nasdaq Stock Exchange,” according to Barron’s.

It also happens to be “one of the largest exchange-traded products around and is the second-most traded ETF in the U.S.”

Now Invesco’s offering two more ETFs that are variations on the QQQ theme…

  • The Invesco Nasdaq 100 ETF (QQQM) is targeted at buy-and-hold investors and has slightly cheaper fees than QQQ.
  • The Nasdaq Next Gen 100 ETF (QQQJ) provides exposure to 100 mid-cap up and comer non-financial Nasdaq stocks. “It’s a way to invest in new, rising names that could one day grow their way into the Nasdaq 100,” Barron’s says.

Another option is the Invesco Nasdaq 100 Index Fund (IVNQX) — a mutual fund that invests in the same holdings as QQQ. And it’s specifically designed for holders of certain workplace 401k’s that bar ETFs.

Three more ways to get exposure to the free-wheeling Nasdaq in 2020…

Market Rundown for Wednesday, Oct. 21, 2020

S&P 500 futures are nominally in the green at 3,436.

Oil’s down almost 2% to $40.90 for a barrel of West Texas Intermediate.

Gold’s up $14.30 to $1,929.70 per ounce.

Bitcoin is rallying — up almost 4% to $12,410.46.

Send your comments and questions to,

Have a great day, and check back Friday.

For the Rundown,

Aaron Gentzler

Aaron Gentzler

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Aaron Gentzler

Aaron Gentzler is the publisher of Seven Figure Publishing. He is also the editor of The Rundown and has been with Agora Financial / Seven Figure Publishing since 2005. He's been covering technology and markets for over a decade.

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