MicroSectors FANG Index 3X Leveraged ETN due Jan 8 2038 (FNGU) News

Still running hard
And the future looks bright

Yes.
Average was 7.15 latest go around. But seems to be stuck now
High 9’s

A bunch closer now.

Volume for this ETN has picked up in recent days.

How soon are we in the fours I wonder?

Yesterday it was up significantly A/Hs, I'm so glad I didn't buy then as it sure dropped a lot (along with the markets) today.

Not yet but close

Looking good short squeeze in bear market setup have some room to $10

Time to re-enter?

I’m not unhappy with this position
Up almost 1000% in under a year and a half. Stay the course albeit a market meltdown

Ha ha
For sure
That’s a no brainer

The stocks they hold are all winners and leaders

it will bounce again to $40-$50 this yr, i think.

I’ve decided to look at it this way

If the stocks here go up 34% every year— reasonable given what they are selling
Then this will go up 100% every year
I’m not selling unless there is a market crash

Good luck

Im way in FNGU now at 12% of my portfolio. looking for some upside here to possible $40-$45. Seems reasonable with economy comeback this Summer hopefully lifting market. i'm 20% pot and 10% cruise lines and options too.
So almost half my portfolio pretty leveraged and speculative. Im going to pull back from this after some gains -hopefully, in short- mid term.
Its been a great ride from late last year, a little shaky now, but maybe bond yield will cool off soon and NASDAQ heat up again. Go MASDAQ and more Americans getting vaccinated and normal and good times ahead, I digress ...

10 for one split announced for 2/12/21


It’s
Getting even better

Going to 500 in a year

No change
We are still here

More gains coming
Holding this

Still here and expect more gains

This is why you day trade these 3x etfs. Now the Fed algos have an excuse to play with the markets because of Trump being infected.

Running nicely here lovin’ it

Lets see now when Fed has its algos setup to do a market pullback.

The market now a days is so fake. Fed fakes it up most of the time and fakes it down for its pretend pullbacks.

Jerome Powell printing that money away keeping markets green. Being short for years since the Fed started printing billions very risky.

I’m still holding
No need to flip for 5-15 dollars

In $157 out here at $166. Wait for round 2 or tomorrow

In happy land buy low sell high. Let the riggers do their daily work which is why in and out same day of these manipulating 3x

Alright FUNGU we are out at $185 for the flip from $182. Thanks again

Rinse and repeat back in at $182 out when the Powwow man speaks hopefully

2nd trip of day back in at 180s out here as it hit above $184. Rinse and repeat take advantage of Fed Wednesday meeting. Pump this steroid markets up some more. Will wait for the next 170s or low 180s for a 3rd day trade

According to JPMorgan Chase & Co.’s latest 13F filing for the period ending June 30, 2020, it owns $518 billion in publicly traded stocks and ETFs (Exchange Traded Funds), more than 29 times what Softbank reported on its last 13F. Among the big tech holdings of JPMorgan Chase & Co. are the following: $15.3 billion in Microsoft; $11.77 billion in Apple; $10.5 billion in Amazon; $8.5 billion in Alphabet; $3.7 billion in Facebook; and $2.3 billion in Netflix. JPMorgan Chase & Co.’s portfolio also includes a number of ETFs that are heavily weighted in the same handful of big tech names. The bank’s portfolio includes $2.9 billion in the iShares Growth ETF, whose largest holdings are Apple, Microsoft, Amazon, Facebook, and Alphabet, making up 38 percent of the ETF as of September 4; $1.58 billion in the iShares Russell 1000 Growth ETF, whose largest holdings are also Apple, Microsoft, Amazon, Facebook and Alphabet – also making up 38 percent of the ETF. JPMorgan Chase & Co.’s portfolio also includes $20.9 billion in the SPDR S&P 500 ETF Trust, whose largest five holdings are – wait for it – Apple, Microsoft, Amazon, Facebook and Alphabet – making up a cool 23.28 percent of the ETF which has a market value of $301.7 billion as of September 3. The $518 billion does not appear to be the full picture of JPMorgan Chase & Co.’s stock portfolio holdings. The bank notes on its 13F filing that Russell Investments Group, Ltd. is also making a separate filing on its behalf. Try as we might, we could not find that filing on the SEC’s website. https://wallstreetonparade.com/2020/09/the-untold-story-of-the-nasdaq-whale-softbanks-a-guppy-jpmorgans-a-whale/

Did you buy back in the $170s. Remember JP Morgan owns billions of dollars in FANG stocks, holds options on them and gives them their buy rating. It’s a win win situation. Time to make the next exit here in the 180s and hope for another pullback to rinse and repeat

Back in at $168 back out at $171-$172.

Rolling over now as out at $175 was wise

Thank Jerome Powell along with
JP Morgan with its rocking investment portfolio of call options for Fang stocks and BlackRock doing Powell’s work of lifting the markets.
Rocking rocking today take your profits from Friday and wait for the next pullback.

https://wolfstreet.com/2020/09/11/wild-ride-of-fangmantis-stocks-v-rest-of-market/

https://wolfstreet.com/2020/09/11/wild-ride-of-fangmantis-stocks-v-rest-of-market/

This will be rocking Monday. Thank you Jerome Powell print print print

I agree....been a real gem in this market. Interesting, with certain etfs...they sometimes quietly make people a fortune, with very little fanfare and discussion....

No love for this board I see...

...even though it goes up, and up, and up some more!

THE TREND IS YOUR FRIEND!!!

http://schrts.co/smtdfMMy

I paid 28.60 in March

UNDER $30 I"M A BUYER