That "was" my thought but Playing S right now might be a big mistake ... I'll explain.
It has to do with fed raising interest rates too fast -- I mentioned my view on this many moons ago here -- basicly wrong medicine for wrong reason. Impact is far reaching, but there is some $30T in low interest treasures bonds held. High Interest means bigger discount rate. In theory if I buy a $1000 10yr at .5%, at maturity I get $1000 while earning a measly 5% but still a profit. But if I have to sell that $1000 prematurely when rates are 5% I have to sell at a massive discount, say $800 ... I could go through accounting with better numbers but is an example. Reason for discount is: who would want a .5% when they can get 5%?? Hence, the bank (and others) liquidity problem as it's a paperwork issue. However the fed really has no choice but to freeze or even lower rates and that is good for tech and thus TQQQ. As I mention it's far reaching and not that $30T so there is more (next post)
News 
Market Data 
Discover 
