I am moving this post from the “yesterday” thread ...
It seems like it should be here ....The question was
What is the qqq and ..
“why should people on this forum care”
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.
” what is your strategy?”
I make a couple of trades a year. I established a buy and hold growth/dividend portfolio years ago. Banks, Energy, Transportation. I included ETTGX for tech. NVDA is their #2 holding.
About 10 years ago I saw an article that grabbed my attention, did my research and put my entire IRA into ETN which was paying about 3.5% dividend.
I have posted the above several times in the past.