ProShares UltraPro Short QQQ ETF (SQQQ): Disclaimer: The following may or may not...

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philg

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Sunday, 06/26/2022 10:20:08 PM

Sunday, June 26, 2022 10:20:08 PM

Disclaimer: The following may or may not occur: ( 6/24/22 article.)

"Recent rebalances have been positive for stocks, and that could mean this one will be as well, he noted. For instance, near the end of the first quarter, the market was down about 10%, and there was a significant 7% rally in the final week heading into quarter end. The same type of move also happened in the smaller May rebalancing, when stocks rallied about 7% going into the month end after a decline of about 10%."

“It is happening in a period of low liquidity. On top of that, the market is in an oversold condition, cash balances are at record levels, and recent market shorting activity reached levels not seen since 2008,” Kolanovic added."

https://www.cnbc.com/2022/06/24/quarter-end-buying-may-lift-stocks-higher-before-the-next-market-storm.html

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