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thx the dude abides
Man oh man ... they are jacking the share price of SQQQ all over the place the last several minutes. Certaintly not being consistent.
"The stock market rally enjoyed big gains Wednesday after some noticeable losses over the past few sessions. The Nasdaq and S&P 500 rebounded from near their 50-day lines.
"But watch out for a day two reaction. The major indexes also rallied after the prior two Fed meetings, but then sold off the next day."
Above statement from the following article: https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-market-rallies-strongly-as-powell-hints-at-slower-fed-rate-hikes-meta-qualcomm-earnings/?src=A00220
Some would disagree with me, but I feel the days of SQQQ being "friendly to you" are dwindling quickly. It was a great investment from January, but the market is now in a bottoming process and your odds will be better IMO with TQQQ going forward. (Just wait until it's good and RED, then start buying. You CAN'T go wrong if you can be patient, because it will eventually go back up if it takes a small nosedive down in share price from you buy point/s).
NOT so with SQQQ. You have absolutely NO ASSURANCE you'll make a profit until the NEXT major market selloff, (which might be this winter with the Monkeypox virus being the next "disease" to shut the economy down again).
Here's something to consider doing that may pay big paybacks in years to come for you in the 2 days you can't now trade to hone your skills of choosing the RIGHT trade at any given time:
Bought shares at $43.80 moments ago.
STILL ADDING $43.34... WHAT A GIFT!!!!!
USUAL PUMP JOB ON FED DAYS!!!! NEVER FAILS!!!!
I ADDED @ $45.08 ..... JUST A MATTER OF WAITING NOW!!!!
REALITY WILL SOON SET IN!!!!!!!
as you well know, TQQQ is almost an exact mirror of SQQQ. The problem for me (not being able to swap/flip trades daily) is I have to wait 2 settlement days for each trade. It's almost as if TQQQ is up one day; then SQQQ is up the next day - hard to catch a break for a two-day rise (or fall) in order to make bank. Any trading ideas?
SQQQ WAS BACK IN THE $50'S YESTERDAY.... WILL GET THERE AGAIN AFTER THIS DESPERATION RALLY FADES!!!!
Not yet; not yet - too much volatility going on - up/down/up/down - hard to trade this baby without a margin or cash account.
+200 J Pow Let’s Go! $SQQQ Premium Ape Strong!
Massive manipulation of 10 year yield down to 2.71
BlackRock lost $1.7 trillion in six months and just imagine they run the US Government Employees Pension Fund. At the pace there going Government employees pensions will evaporate into thin air.
Blackrock ETFs and funds have been taking on staggering losses in 2022.
“2022 ranks as the worst start in 50 years for both stocks and bonds,” Chairman and Chief Executive Officer Larry Fink said on his earnings call.
Could BlackRock go bankrupt or will it receive a massive taxpayer bailout in the future?
i am new to this board, but it seems there are some savvy traders here! thanks everyone
WALMART WARNED AND IS GETTING HAMMERED $120.70 -11.32 (-8.57%), MORE BAD EARNINGS ARE COMING OUT!!!!!
SQQQ UP IN AFTER HOURS $47.16 +0.33, SHOULD BE BACK IN THE $50'S IN A DAY OR TWO.
AUGUST WILL BE A GOOD MONTH FOR SQQQ IMO $60-$70 RANGE.... IF NOT HIGHER!!!!!
MY DOLLAR COST AVERAGING IS PAYING OFF!!!!!!!
Why inflation will soon be over
https://www.spectator.co.uk/article/why-inflation-may-not-last $SQQQ
i don't understand how someone has so many followers yet knows nothing about "modern monetary theory", doesn't seem to know about "fractional reserve banking".. doesn't watch the news on ECB endless spending, and didn't seem to catch the 10 year bond go under 2.80 last week..
no sir, inflation isn't over
Great post. Thanks!
Update : LoL !
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=merval&x=47&y=12&time=20&startdate=10%2F1%2F2018&enddate=4%2F19%2F2023&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
.
$20 GAS.... 25% INFLATION???? NO WIN SITUATION FOR THE CRIMINAL BANKSTERS!!!!
IT WILL ALL BLOW UP IN THE END!!!!!!!
Depends on how much the 10 year yield is manipulated down again next week by the Fed. 10 year yield TNX can only drop by an entity with unlimited printing power to buy more debt “the Fed”.
By Gregory Mannarino TradersChoice.net
In what may be one of the greatest lies ever sold to an unknowing public, is yet again another off the Richter Scale debt hypercycle mechanism unlike anything which has ever been seen before- all in an effort to keep the global debt-based central bank system going.
This new debt hypercycle got started just last week when the European Central Bank began AN UNLIMITED BOND BUYING spree which has now expanded to every single area of the Eurozone. Consider what this means for a moment. For the ECB to purchase an unlimited amount of Eurozone bonds, the ECB must then create an unlimited amount of Euros to do it- a process which is massively inflationary.
Consider this. When any central bank creates currency out of thin air, how does the newly created currency achieve its purchasing power? It’s simple. When a central bank creates currency, for the new currency to have any purchasing power at all it must steal a fraction of a fraction of a fraction of purchasing power from every single other previously created bill. Therefore, as the “money” supply grows, collectively it loses purchasing power- this creates inflation.
Simply put, when a central bank makes currency, it will now take more bills to purchase the same amount of goods. Now, just this past week the ECB raised rates all the way up to ZERO, yes ZERO, from negative. The mainstream narrative is this; even though according to their own numbers, Eurozone inflation is close to 9%, by raising rates to ZERO, this is somehow going to tame inflation. Well not only is this impossible, but the ECB is also guaranteeing higher inflation. You cannot raise rates to zero in a nearly 9% inflationary environment and expect inflation to slow down AT ALL, in fact you are assuring higher inflation. Moreover, by the ECB now having to create an unlimited amount of currency to buy and unlimited amount of bonds, much higher inflation is guaranteed.
In the U.S. markets yet another “phenomenon” is occurring, bond yields are dropping precipitously. For bond yields to drop, some entity must buy the debt. This would have to be an entity with unlimited firepower- the Federal Reserve.
Central banks possess the ability to do only one thing, that is manipulate debt. By manipulating debt central banks can artificially create either an environment of risk, that is push cash into equities/stocks, or push cash into risk-off assets like commodities. The premiere way in which a central bank can inflate both the stock market and real estate is by artificially suppressing rates. Central banks suppress rates by means of buying debt. Central banks have used quantitative easing, or artificially suppressing rates/buying debt, ever since the 2008 global financial crisis in what has been a VERY successful scheme to re-inflate both a stock market bubble and a real estate bubble. This same mechanism is continuing today, but on a much larger scale. Both the ECB and the Federal Reserve are, make no mistake about it, fully engaged in another round of quantitative easing MUCH BIGGER THAN BEFORE. This new QE cycle, along with the new crisis-to-crisis economic model, IS a new Debt Hypercycle-which will vastly inflate the global debt crisis to heights beyond anyone’s wildest imagination.
Today monkeypox declared a world crisis/emergency which will require EPIC sums of cash to be thrown at it. This mechanism has now become the core of the new economic model- crisis- to crisis- to crisis management as a mechanism to keep the debt based economic model going…Central Banks will have an excuse again to keep the printers going brrrrrrr.
The World Health Organization said the expanding monkeypox outbreak in more than 70 countries is an “extraordinary” situation that now qualifies as a global emergency, a declaration Saturday that could spur further investment in treating the once-rare disease and worsen the scramble for scarce vaccines.
Continue reading, click HERE: https://www.marketwatch.com/story/u-n-health-agency-declares-monkeypox-a-global-emergency-01658586395?mod=home-page
IF RENO PROSTITUTES INVESTED IN CHEAP SQQQ THEY WOULDN'T HAVE TO EXPOSE THEMSELVES TO COVID AND MONKEYPOX ON A DAILY BASIS!!!!!!!
GOOD DAY FOR SQQQ... NEXT WEEK WILL BE INTERESTING!!!!!
Why inflation will soon be over
https://www.spectator.co.uk/article/why-inflation-may-not-last $SQQQ
THE MARKET HAS SNAPPED $9.98 -6.37 .... OUCH!!!! LOL
SQQQ UNDER $50 IS CHEAP!!!!! GOING MUCH HIGHER NEXT MONTH!!!!!
EASY MONEY!!!!!!
46s cleared have great weekend
great call...lmao
I wonder if the prostitutes in Reno are charging more due to inflation and supply bottlenecks.
Great economic news with AT&T lol.. ttps://ussanews.com › 2022 › 07 › 21 › att-crashes-as-americans-cant-afford-to-pay-their-phone-bills
AT&T crashes as Americans can't afford to pay their phone bills
Today(ZEROHEDGE) - Shares of AT&T fell on Thursday after CEO John Stankey said that customers are starting to put off paying their phone bills - which resulted in the wireless carrier cutting this year's forecast for free cash flow by $2 billion, Bloomberg reports. Shares fell as much as 11% in early trading, the company's| USSA News
That is good SNAP reality. What is not good is that the Fed is secretly buying debt. That is the only way the TNX 10 year yield can drop from 3.06 to 2.91 in one day. Massive QE on some separate secret accounting books not available to the public. Pump the markets up with more debt just plain criminal. Fed by doing this causing longer term a massive banking failure. More bandaids on top of gushing bandaids.
SNAP DRAGGING DOWN META $174.55 -8.62 (-4.71%)
Convinced this will go to 70-80’s with the upcoming headwinds or should I say roadblocks!
SQQQ BOUNCING IN AHs.... SNAP $11.97 -4.41 (-26.92%)... THE DELUSIONAL EARNINGS BUBBLE STARTING TO BURST!!!!!
NICE!!!! DOLLAR COST AVERAGING WORKS WONDERS!!!!
Almost 4000
SQQQ from $43.75-55
THE EARNINGS HOPIUM HYPED MARKET HAS BRUSHED OFF THE 1% RATE HIKE COMING ON THE 27TH. UNTIL THEN CHEAP SQQQ IS AVAILABLE!!!!!
PREVIOUSLY SQQQ WAS TRADING IN THE LOW $30'S AND HAD WILD RIDE TO $67.69..... NEXT TIME THIS RUNS IT WILL BREAK INTO THE $70'S!!!!
ADDED MORE @$44.60... WILL DO SO EVERY DAY UNTIL THIS DEAD CAT BOUNCE ROLLS OVER!!!!
AS LONG AS MY AVERAGE PRICE KEEPS DROPPING THE MORE THIS TRADE WILL MAKE IN THE FUTURE!!!!!
KEEP BUYING DOWN HERE... WEAK SHORTS ALWAYS GET SQUEEZED OUT BEFORE THE RUG IS PULLED!!!!!!
BIDEN IS TRYING TO SHUT DOWN AS MUCH OIL PRODUCTION AS HE CAN... TOTAL INSANITY!!!!!!!
WEF ANNOUNCED ACCELERATED AGENDA 30 ROLLOUT!!!!!
MUCH MORE PAIN AHEAD FOR THE UNPREPARED!!!!!
HOUSING CRASH WILL BE 10X WORSE THAN IN 2008!!!!!!
MANY BANKS WILL GO INSOLVENT!!!!!
CHINA IS USING TANKS TO PREVENT BANK RUNS NOW!!!!
CONTAGION WILL SPREAD!!!!!
Published by: Monishankar Choudhury | Posted: July 20, 2022 6:36 pm| Updated: July 20, 2022 6:36 pm
News Daily Digital Desk: The memory of Tiananmen Square returned to China. No, not a dictatorship. This time, the communist country deployed tanks to save the bank. As soon as the video of this incident started spreading, fierce criticism started. According to Chinese media sources, this step is to save a bank that is at the center of financial corruption from the anger of customers. The deployment of armored vehicles against ordinary people has shown that Xi Jinping’s country will not hesitate to shed blood like Tiananmen again if necessary.
Citing local media, ‘Reddit’ reported that the administration deployed tanks to a bank in the Rizhao region of Shandong province to protect customers from anger. According to Chinese media sources, the name of the bank has recently been associated with a major financial corruption. After that, the crowd thronged the bank’s local branch in Rizhao region to collect deposits. But they were not allowed to enter. Several tanks and army personnel were deployed around the bank. As a result, despite protesting, the excited crowd finally left for home. Reddit compared the incident to the Tiananmen Square incident by placing the two images side by side.
Picked up some T shares a bit ago. We'll see if we still have some upside today. If not, we'll just hold them. I think this market is bottoming out.
In June margin debt plunged by 9.2%. This type of percentage drop is invariably associated with the biggest stock-market sell-offs in history 1929 onwards…
Covid crash, March 2020, margin debt: -12.1%
Euro Debt Crisis, August 2011, margin debt: -10.4%
Financial Crisis crash, margin debt drops:
August 2007: -13.0%
October 2008: -19.7%
November 2008: -18.1%
May 2010: -9.1%
Dotcom crash, margin debt drops:
April 2000: -10.4%
December 2000: -11.6%
March 2001: -12.1%
October 1987 crash…
In June, margin debt plunged by $69 billion from May, the second-largest month-to-month plunge ever, behind only the $80 billion plunge in January, according to Finra, based on reports from its member brokers. In percentage terms,
At $683 billion in June, margin debt was down by $252 billion, or by 27.5%, from the peak in October 2021 ($936 billion). The Nasdaq peaked in mid-November and has since sold off by nearly 30%. The S&P 500 peaked at the beginning of January and has since sold off by nearly 20%.
Brushing aside the margin debt signals.
Ballooning amounts of stock market leverage adds new fuel to the market. But vanishing amounts of leverage not only removes that fuel to be poured on the market but pours water on the fire, when investors get spooked and sell stocks to pay down their margin debt, and when margin calls go out and forced selling kicks in.
Margin debt, when it’s ballooning, can serve as an effective warning signal about risks and issues building up in the stock market. And when it starts to decline, as it did last November, it can ring the alarm bell.
No one ever takes this warning bell seriously, and it’s loudly pooh-poohed by stock-market hype mongers who want to put margin debt charts on a log scale or adjust it to inflation or whatever, or both, in order to conceal the issues and cover up the risks.
If anyone ever tells you to put a financial chart on a log scale, such as margin debt, to make it look less scary, run!
No one took the margin-debt alarm seriously late last year. Well, maybe some people did… Microsoft CEO Satya Nadella dumped 50% of his Microsoft shares on November 22, totaling $285 million, for an average price of $349.59. On Monday, Microsoft [MSFT] closed at $254.25, down 27% from his average sales price. He’d saved himself $80 million so far.
When a market gets whipped to ludicrous levels, it pays to get out. Hundreds of hype and hoopla stocks have by now collapsed by 70%, 80% and over 90%
Financial market “events” and 9%+ drops in margin debt.
The month-to-month percentage-drops that had been nearly as big or bigger than June’s 9.2% plunge all occurred during financial market events, going backwards in time:
Covid crash, March 2020, margin debt: -12.1%
Euro Debt Crisis, August 2011, margin debt: -10.4%
Financial Crisis crash, margin debt drops:
August 2007: -13.0%
October 2008: -19.7%
November 2008: -18.1%
May 2010: -9.1%
Dotcom crash, margin debt drops:
April 2000: -10.4%
December 2000: -11.6%
March 2001: -12.1%
ProShares UltraPro Short QQQ seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Nasdaq-100 Index®.
Invesco QQQ holdings as of May 7, 2024.
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