ProShares UltraPro Short QQQ (SQQQ) News

"Anyone care to make a BULL argument on this EFT?"
kinda did here,...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174383962

Cheers

Hince why just a "taster" @ 10.75 & said I'll start chummin' 10.70
There seems to be a pattern an hour or so after open where the LOD hits,..

(I should probably screenshot the daily a tad more often),..

I played the T only for the earnings play,..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174301143
& it worked,...(a tad early out but I needed a few bucks & was just watching for a pull back on S).

Going back a sec to when I mentioned a 3 day low "bowl",..
That gap down on the 3rd,..& another down the next day to even 10.70 for a few days
had me toss a chum line ie,...
the Q's are about to test all time highs again,..

over the 50,...was railing the bottom Bollie,..now over the 10, let alone the 20,..
Mac-y is rising??,...when does clown show end???

Back to S,..here's same time 6 month chart;


Since start '24, chart shows pps going down yet, Mac-y keeps rising,..
look at mid Feb,..
both Mac-y & RSI on a slow steady rise,....(minus the past 3 days that I'm now chumin')

Guess point is,
how long does one think this shit show can go on?
S&P at historic highs,...based on WHAT???

Ok, the main tech's hit their pops but, can they hold it?
What happen to "sell May & go way"??
(which by the way is the top 10 holdings of QQQ,....which we are shorting),
which also happen to be the main drivers of this whole market so,...
a correction here & it stays means,....not so good.

Now these inverse plays were never meant to be multi-months holdings,.....a few days at best they say but,
that's the idea about these, play the pops & dips.

The Q's are bouncing historic highs,..
the S's are bouncing historic lows.

How long does one think clown show can go before it at least takes a breather?

Cheers

BTW, added a StockCharts link in the intro that has more indicators than the generic chart.
Plus I want to add the holdings & so on.
Ya, I became a mod for the hell of it

we are poised perfectly , like u said 50 cent SQQQ

Great link Nikodemos-- Invesco QQQ ETF;
https://www.invesco.com/qqq-etf/en/about.html

Cheers

ya spot on champ, hope your having a great day , I like BLUE and a must have in your account PLTR ... SQQQ

10.75, snagged a little taster--I can do 4 more hits if needed.
Have a GTC at 10.63 if it wants to test this 3 day bottom we seem to be in.

Cheers

So its fallen into the $10 range I anticipated
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174353974

Election years TEND towards atypical market actions...

Still on watch... GL
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Bufert no dummy: https://wolfstreet.com/2024/05/06/buffett-invests-in-t-bills-instead-of-stocks-waits-for-bad-stuff-to-happen-cash-is-king-at-5-plus/

All my doorstops will become priceless?
SQQQ gonna break hearts

Looks to be an UP S day.

this is coming to a stock you love, History will repeat itself, it must, its unsustainable even worse than 1999, by far.
showing AAPL stock values pre split. About 140 to 12pps in short order. the whole market did this same pattern to some extent.

Take your pick at the right time. No rush, its all gonna implode soon.

we are on the cusp, make a buck or hold for a black swan SQQQ

nice, now we wait on SQQQ

Holding LOD @ 10.70 AH,..gonna start shagin' some shankers perhaps after tomorrow,..


Cheers

mass car companies laying off , no one is buying , target hit Niko , buy time SQQQ

BLUE up 11% could recover big to a buck50 SQQQ on the ropes , merry clowns destroying this economy on purpose

put trump in jail SQQQ

where u clowns all going lmao a meta for , the WH is completely insane and retarded , they need to be taken down , its getting real sketchy SQQQ might have to put my pc down

BIDEN was all they had , what does that tell you , weak insane clowns that are old , they can all go to hell , Elon finally woke bone head voted Biden. SQQQ when it hits it will be epic , hardcore

This market is fake a shame , phony , liars , scammers , it will crumble , loading huge SQQQ

War is going down big time SQQQ

same game , made money last time , every time , loading SQQQ

u got it Pontiac pun intended SQQQ buying and holding

I don’t think it collapses but it will lose more value in a much shorter time frame. I’m worried more about reserve status than anything. That Powell speech last year when he said we could lose reserve status scared the shit out of me. Always need a medium of exchange. MMT is the bridge to fednow digital dollars.

lol ya screw the moon markets want to walk 0n Mars , insane the people in charge are going destroy the US dollar SQQQ

Let’s get some backwardation in here….sqqq spike up:)

gm SQQQ

will see team , lets do our best to make money , we got Niko now a true champion SQQQ

we know they are cheating , hard to say it should take a dip and try a run again, 11.50 tops and then 10.25 maybe , geez 18k again? on the ustech100 SQQQ

All sides ramping up for a bigger war , universities and their Marxists teachers have caused a lot of this insanity they have been funded by our enemies , the White house and the CIA have allowed this as part of their agenda to fundamentally change America, they are skewing data and are helping certain companies by propping , flying in illegals and registering them to vote, markets will crash big time , The White House administration and the Fed are all in to wipe out the middle class , I think they will fail , when they cut rates it will be the finally nail in the coffin. golds going viral. Russia isn't going to put up with NATO either , so many variable's that SQQQ will go higher , they cant even fill the oil reserves frigin clowns

nope, the merry men are in charge again lucky SQQQ

Down is Up today fundamentally

ya was thinking maybe AH get a correction SQQQ

Load again and holding over the weekend. Risk reward seems plausible

GCT maybe SQQQ

symbol BLUE maybe a huge money maker SQQQ

I think the KEY LEVEL to watch on SQQQ is $10.00 - $10.25 level. If it gets there it represents an ~ triple bottom (potentially ascending).

Anyone care to make a BULL argument on this EFT?

And if this actually tests $10.00, fails, & drops I'd have to evaluate because I'd like to buy ~$150k to $250k of this if the price is right!



Have a look at a chart. The bottom here since 2010 is $10.05

SQQQ Historical
Period Open --High --Low --VWAP --Avg. Daily Vol --Change -- %
5 Years 869.00 1,202.00 10.05 86.55 93,148,256 -857.91 -98.72% https://ih.advfn.com/stock-market/NASDAQ/proshares-ultrapro-short-SQQQ/stock-price


5yrs ago VWAP was $86.55 & traded as high as $1,202.00 etc...

But if we USE the PANDEMIC as a gauge, the question is WHY wasn't the price at it's ABSOLUTE LOWEST at/during THAT time period? And at what price level should be EXPECT a REVERSAL & for this stock to recapture upside?

This guy is ON WATCH for me. Starting more DD...

All QQQ holdings
as of 05/02/2024

Company
Allocation
Microsoft Corp
8.60%
Apple Inc
7.78%
NVIDIA Corp
6.24%
Amazon.com Inc
5.58%
Meta Platforms Inc Class A
4.50%
Broadcom Inc
4.31%
Alphabet Inc Class A
2.86%
Alphabet Inc Class C
2.78%
Tesla Inc
2.53%
Costco Wholesale Corp
2.44%
Netflix Inc
1.84%
PepsiCo Inc
1.81%
Advanced Micro Devices Inc
1.78%
Adobe Inc
1.62%
Linde PLC
1.52%
Qualcomm Inc
1.51%
T-Mobile US Inc
1.47%
Cisco Systems Inc
1.42%
Intuit Inc
1.29%
Applied Materials Inc
1.24%
Texas Instruments Inc
1.20%
Comcast Corp Class A
1.14%
Amgen Inc
1.12%
Intuitive Surgical Inc
1.00%
Intel Corp
0.97%
Honeywell International Inc
0.95%
Micron Technology Inc
0.93%
Booking Holdings Inc
0.89%
Lam Research Corp
0.87%
Vertex Pharmaceuticals Inc
0.78%
Regeneron Pharmaceuticals Inc
0.76%
Automatic Data Processing Inc
0.75%
Analog Devices Inc
0.73%
Palo Alto Networks Inc
0.72%
Mondelez International Inc Class A
0.71%
KLA Corp
0.69%
PDD Holdings Inc ADR
0.69%
Starbucks Corp
0.64%
Gilead Sciences Inc
0.61%
Synopsys Inc
0.60%
MercadoLibre Inc
0.57%
Cadence Design Systems Inc
0.57%
ASML Holding NV ADR
0.57%
PayPal Holdings Inc
0.54%
Airbnb Inc Ordinary Shares - Class A
0.52%
CrowdStrike Holdings Inc Class A
0.52%
Marriott International Inc Class A
0.51%
Cintas Corp
0.50%
CSX Corp
0.49%
NXP Semiconductors NV
0.49%
O'Reilly Automotive Inc
0.45%
Constellation Energy Corp
0.44%
Marvell Technology Inc
0.43%
PACCAR Inc
0.42%
Monster Beverage Corp
0.42%
Roper Technologies Inc
0.41%
Workday Inc Class A
0.39%
Copart Inc
0.39%
Fortinet Inc
0.37%
DexCom Inc
0.37%
Microchip Technology Inc
0.36%
Moderna Inc
0.36%
Keurig Dr Pepper Inc
0.35%
American Electric Power Co Inc
0.35%
Autodesk Inc
0.34%
The Kraft Heinz Co
0.33%
AstraZeneca PLC ADR
0.33%
DoorDash Inc Ordinary Shares - Class A
0.32%
Ross Stores Inc
0.32%
Paychex Inc
0.32%
Lululemon Athletica Inc
0.32%
Old Dominion Freight Line Inc Ordinary Shares
0.30%
IDEXX Laboratories Inc
0.30%
The Trade Desk Inc Class A
0.29%
Fastenal Co
0.29%
Datadog Inc Class A
0.29%
Charter Communications Inc Class A
0.29%
Exelon Corp
0.28%
CoStar Group Inc
0.28%
GE HealthCare Technologies Inc Common Stock
0.27%
Diamondback Energy Inc
0.27%
Electronic Arts Inc
0.26%
Verisk Analytics Inc
0.25%
Cognizant Technology Solutions Corp Class A
0.25%
Coca-Cola Europacific Partners PLC
0.25%
Baker Hughes Co Class A
0.24%
Biogen Inc
0.23%
ON Semiconductor Corp
0.22%
Xcel Energy Inc
0.22%
CDW Corp
0.22%
Atlassian Corp A
0.22%
Ansys Inc
0.21%
GLOBALFOUNDRIES Inc
0.20%
MongoDB Inc Class A
0.20%
Zscaler Inc
0.20%
Dollar Tree Inc
0.20%
Take-Two Interactive Software Inc
0.18%
Illumina Inc
0.15%
Warner Bros. Discovery Inc Ordinary Shares - Class A
0.15%
Walgreens Boots Alliance Inc
0.11%
Sirius XM Holdings Inc
0.09%
https://www.invesco.com/qqq-etf/en/about.html



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ya nice call Niko, SQQQ Zip Trader selling everything lol

I exited PARA at $14.30 earlier. Didn't see your post but our thinking is/was very much the same.

I'm staying away from SQQQ because I don't have the wisdom (GUTS?!!!) to mess with it much these days. I'm sticking mostly with TQQQ ... waiting for decent drops then taking sure profits: rinse and repeat.

Persuaded Yellen and crew has been told by Biden's cronies NOT to get 401K'ers all up in a fearful dither (as much as possible, anyway) the months leading up to the election. Hence I believe the PPT is more on my side up until election than betting short on the Indexes.

Now should the Trumpster get elected, I could see going into 2025 as the year to be playing SQQQ a great deal.

(By the way -- you the gentleman who lives in Hawaii?)

I claimed S3Q's would likely test $10's again & today it has... (albeit BARELY at $10.99 -- so far -- EXPECTING another re-test) & I wrote that PARA would NOT go much above $14 because that's where the Enterprise Value kinda tops out & the SONY buyout offer (as you may have noted) came in at the same valuation as mine ~$26B (was trading at $22B) so there was a min 20-40% to be made there (depending upon when you bought).


GL



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my avg. 12.04 down about 5k , what was the low? 11.05 SQQQ oh 10.99 ya dipped below 11 lol crazy

What???,...my plays are more half buck swings just to pretend.

Cheers

11.14 back to 11.21 SQQQ man I got a hill to climb

I can see that,....out on both,..just gonna see

Cheers

actually may get a surge of buyers at the bell , so could dip below 11 SQQQ

ya Dems screwing over their own people , Brussels the poster child country 70% immigrants , crazy these nut jobs are stabbing 70 year old women in the streets, young blonde lady from Hungary was explaining at CPAC, crime is sky rocketing SQQQ

think bottoms in 11.20 SQQQ

11.20 not yet,...

Cheers

buybacks for companies is one of the next steps in the process, mixed with layoffs. soon very soon.

Was a earning call for AH. Looking for a buy back in S.

Cheers