UltraPro QQQ. Trump-a-rally gives no light for leveraged bets
Atualizado
It's gone 10 days or so, since Mr. Trump has secured a win over his Democrat-rival Kamala Harris in the 2024 U.S. presidential election, as it declared by the Associated Press.
Since that, a lot of stocks soared in a meme-style mode, while Bitcoin clears $93,000 and Dogecoin soared amid Trump-fueled crypto rally.
The main graph is for UltraPro QQQ
TQQQ and it indicates, that major 82-Dollars resistance for leveraged bets on Tech sector has not been broken yet.
👉
QQQ is a traditional ETF that tracks the Nasdaq-100 Index, suitable for long-term investors seeking broad exposure to tech-focused stocks.
👉TQQQ is a leveraged ETF that aims to deliver triple (3x) the daily returns of the Nasdaq-100 Index, making it only suitable for short-term traders.
Since US dollar interest rates are still near multi year highs and Powell says the Fed is in no hurry to cut interest rates.. all of that means Trump-a-rally gives no light for leveraged bets (yet).
Potentially everything can be clear in January, 2025 only.
GL y'all. Cheers, Pandorra 😎
Since that, a lot of stocks soared in a meme-style mode, while Bitcoin clears $93,000 and Dogecoin soared amid Trump-fueled crypto rally.
The main graph is for UltraPro QQQ
TQQQ and it indicates, that major 82-Dollars resistance for leveraged bets on Tech sector has not been broken yet.👉
QQQ is a traditional ETF that tracks the Nasdaq-100 Index, suitable for long-term investors seeking broad exposure to tech-focused stocks.👉
TQQQ is a leveraged ETF that aims to deliver triple (3x) the daily returns of the Nasdaq-100 Index, making it only suitable for short-term traders.Since US dollar interest rates are still near multi year highs and Powell says the Fed is in no hurry to cut interest rates.. all of that means Trump-a-rally gives no light for leveraged bets (yet).
Potentially everything can be clear in January, 2025 only.
GL y'all. Cheers, Pandorra 😎
Trade ativo
November 15, 2024
Hmm.. Trump-a-rally?
Never heard before...
// Smth went.. 💩
Nota
November 21, 2024
👉 Nvidia (NVDA) -5% down after Earnings release, due to slow guidance.
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