Isn't this an investment thread?
The qqq is ... Invesco QQQ Trust Series
see... has invesco right in the name ....
sqqq is a 3x short etf that tracks the QQQ
tqqq is a 3x long etf that tracks the Q
I bought tqqq at 55 yesterday ..sold at 58.90 this am
I straddled sqqq at 13.50 over 11.50 for .12 closed out at .30
do the math on that .....
I am taking the rest of the day off ....
maybe the rest of the month
I would love to learn more from other folks .. but few people seem interested in discussing things.... what is your strategy? What indicators do you follow? I am not being a smart alack ...I would really like to share.
US stocks rallied on Thursday, with the S&P 500 soaring 1.2% to break a fresh record high, while the Nasdaq jumped 1.9% and the Dow Jones added about 240 points after Nvidia’s results topped forecasts. Nvidia shares gained more than 11% to an all-time high of $750.26 as the company reported record revenue and issued upbeat guidance amid robust demand, suggesting the AI-fueled rally will continue. Megacap stocks were also in the green, namely Microsoft (1.7%), Apple (0.4%), Amazon (2.3%), Meta (2%) and Alphabet (0.6%). Shares of Advanced Micro Devices (5.4%), Intel (0.6%), Qualcomm (1.7%) and Micron (3.8%) also gained sharply.
Meanwhile, traders appear to shrug off a hawkish Fed after FOMC minutes showed the central bank is in no rush to cut interest rates. Meanwhile, flash S&P Global PMIs showed private sector activity in the US slowed in February, led by a softer-than-expected growth in services while manufacturing output rebounded. Also, initial claims unexpectedly fell.
I hope this fund does you well. I am pretty much in all capital preservation. Good luck!