ProShares UltraPro Short QQQ (SQQQ) News

💲QQQ

Just the tip

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T - 3,2,1

💲QQQ Final dip?

On second thought, I dumped them a bit ago at $7.11 for a small loss. PPT keeping the Nasdaq artificially "stimulated" I fear.

Snagged some $7.14 shares. Will sell them around $7.20+ Monday for a quick profit most likely.

When are we going up $ and when

Going back in if it gets down to around $7.12

$7.20 will get the job done.

Getting very close to my buy zone.

Looking good Pump China Stocks and Dump US stocks ..
BIDU JD and BABA up 50% in a few days

How it’s done? Singapore using Supranational financial powers where DBS Bank (which is funneling mechanism into China) is tied directly into Singapore money market fund which is part of a Vanguard, BlackRock and Fidelity money market liquidity funds.

Chinese stock market and the US stock market are virtually brother and sister. Vanguard, Fidelity and Blackrock use their money market funds to either pump or short markets by either providing liquidity or shorting it by restricting liquidity. Right now the big 3: Vanguard, Fidelity and BlackRock currently shifting some liquidity from US to Chinese stocks..

Fidelity, Vanguard and Blackrock have time over time purchased a 5% stake or higher in Chinese companies as reported on their respective 13 D, F or G filings.


How it’s done? Singapore using Supranational financial powers where DBS Bank (which is funneling mechanism into China) is tied directly into Singapore money market fund which is part of a Vanguard, BlackRock and Fidelity money market liquidity funds.


A supranational union is a type of international organization that is empowered to directly exercise some of the powers and functions otherwise reserved to states. A supranational organization involves a greater transfer of or limitation of state sovereignty than other kinds of international organizations.


Challenges and criticisms of supranational bonds include concerns over sovereignty, unequal distribution of benefits, potential for moral hazard, and transparency and accountability issues. Critics argue that supranational organizations may infringe upon the sovereignty of member countries, create imbalances in the distribution of benefits, encourage reckless financing behavior, and lack adequate transparency in their decision-making processes….hmmm sounds likened to the financial markets …lol

Gap fill coming

Ex dividend will help push this to double bottom during the 🪟 👗

💲QQQ

almost time

well u forgot the man who always leads the markets with every call but a few, WB has also checked out. He is now doing contrarian or safe haven moves.

Wise CEO's IMO. Especially if Trump gets elected. Would expect the PPT to be ordered to drop the Indexes at least 50% the day after the election.

Actually sold ALL T shares yesterday. Very happy with the return. My confidence is greatly lacking when it comes to "assumptions" in these Indexes regarding sustained price appreciation these days.

Appreciate your posting, by the way. Sure gets lonely talking to myself much of the time on this board.

Hopefully you added some yesterday.. The Great Cashout—Jeff Bezos, Leon Black, Jamie Dimon, and the Waltons, High-profile CEOs, founders, and heirs are selling stock by the bucketload in the companies that made them billionaires.

Gap fill missed by a C hair so far

NVDA doing the we’re not gonna pay the in the monies OPEX post earnings dance

still think we double bottom low 7s before …
💲QQQ

Gap fill near

+ Little more to go OPEX and Q 🪟 👗

As the great Mr Led Zeppelin said:
You’re Time Is Gonna Come 💲💵💶💷

🎰🎰🎰

Exited S earlier and hopped into T. So far no regrets.

Gold price to surge to $10k under Harris administration - Peter Schiff $SQQQ

Now we're talking 3 hours and no futures index numbers released.

Interesting, I think, that the futures numbers haven't been released YET for the Indexes on CNBC. Overdue by and hour and a half.

You might have read this already: https://seekingalpha.com/article/4721046-sqqq-can-bring-trading-appeal-during-the-upcoming-fed-meeting?mailingid=36737188&messageid=must_reads&serial=36737188.1289499&source=email_must_reads&utm_campaign=Must%2BReads%2Brecurring%2B2024-09-14&utm_content=seeking_alpha&utm_medium=email&utm_source=seeking_alpha&utm_term=must_reads

I did as well.

Added as a hedge going into the weekend

Going to sell my S shares premarket at $8.30 if I can get it. Bought S too early.

Grabbed some S shares at $8.28. Turnover time IMO.

not until the unstoppable slide occurs, and it will occur

What we going up to $100 200 or more

First week of September turned into a bear trap instead of bull trap

PMI did a job on da markets today. dont tell da kiddies. I luv hearing the stories where everyone knows what happened and most of them dont line up with each others. all experts.🤣

https://www.kitco.com/opinion/2024-06-21/todays-pmi-report-erodes-all-gains-made-week

Irrelevant post

Cramer is RIGHT about today:

https://www.cnbc.com/2024/09/03/jim-cramer-calls-tuesdays-market-action-ridiculous.html

To say they won't execute another "contrived selldown" tomorrow and even the next day might be a bit presumptive IMO, however.

(ME? I'm in TQQQ. It's low enough to be on the safer side (owning it this evening). I KNOW going into the election they'll want all the 401k retail voters HAPPY, HAPPY, HAPPY!

"Big Boys" need to be able to buy quality companies cheaper it appears NOW to be the catalyst for this November election "Happy - Happy - Happy 401K Voter Festival."

well this was my only green stock today. should i sell, is the long slide down in the market occurring? I doubt it, not till after election me thinks.

I would think it would be wise to wait, because this might well be the BIGGER selloff prior to moving into the November election. Could go on a day or two yet possibly. Hard to guess right now.

Like - "Let's get it done; out of the way early so we don't have to be concerned with it again before the election."

Will this go green tomorrow? Thanks

Sold S and took generous proceeds and have started accumulating T shares.

Agree

Maybe gap fill first at 760 on the daily

Nvda finishing 3 day reaction
Last QQQ high in July - SQQQ 7.14 low

Mid next week not bad time to begin buying new position

-20% 32/33 dow not unrealistic

Nvidia earnings tomorrow, PCE inflation is Friday, Labor Day is Monday (Nikkei open).

Total Meltdown next week.. earlier if NVDA expectations fail. Begin countdown to fastest bear market in history from all-time highs.

Getting ready ….

Monthly 🪟👗 then fake out after the holiday before the much needed rug pull
Still hoping for low 7️⃣ for re-entry

I guess they’re keeping this near the figure for weeklies exp
Amazing how that always seems to happen

Campaign suspended ….

What announcement is going to happen?

Wonder what the announcement in the afternoon is gonna do to this market ….

Canadian railroad strike
Impact on US Supply Chains

Roughly 30% of all freight rail operations in Canada cross into the United States each year.
The stoppage may force companies to find alternative modes of transport, but for some types of cargo, like grains, there are no practical alternatives to railroads.
The longer the strike continues, the more painful the impacts will be for supply chains, especially for products without alternative modes of transport.

Saw that
Virtually no premium
It’s like they’re begging you to buy

….and you know what that means

Have a great weekend! Next week should be fun

SQQQ w/ Sept Calls are dirt cheap on this OpEx Friday.. See what next week holds for this market.

Yep, I got some September Calls here, and some Puts on NVDA. We'll see what happens...

I think we’re in for a

September to remember
After they finish pumping into the …..

Hopefully buying 6s low 7s last week of this month for the win

🎰🎰🎰

Johnny long wick! That sure cleared all the stop losses from $9 to $7.
Stealing in plain sight, what a system! Love it!

No, not even close, but it may not be top either. Too much data and time before this shows the true trend towards bottom.

$$$$$$