ProShares UltraPro Short QQQ (SQQQ) News

Gap fill missed by a C hair so far

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

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.

$$$$$$

Is this a bottom for the Nasdaq? I don't believe so NOW. I believe it's heading lower: probably MUCH lower before it reverses.

did anyone sell at end of yesterday😁

Interesting post IMO: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174873229

Been waiting for a week like this for a LONG time.

Thanks for writing.

Many are calling for a rate cut soon, but I'm not sure we'll see one NEARLY as soon as they are predicting it might/should happen. I have several reasons as to WHY it probably ISN'T going to happen ... but no one would believe them so there's no point in even mentioning them.

Yep - Iran needs to be "taken care of." But WHEN and HOW?

A topic of great debate.

Hard to say, what week or month. The markets have topped out, shifting from bullish to bearish. A whole lot of those "big boys" have been dumping stock this year. Warren Buffett dumped 55.8% of its Apple Stock, sitting on a bunch of cash now.

The Fed has been making foolish mistakes all year, by not already cutting rates. They had skewed reports last year, which may now be revealed, in the form of revisions to substantiate cuts. It's not like the Fed needs any more evidence...

Oh, then there's the Iran/Israel conflict, which could further impact the markets. Israel is looking for an excuse to destroy Iran's nuclear facilities and oil refineries. That action could cause oil prices to rise, even in a deflationary market. I think Israel needs to take out those nuclear facilities NOW. Allowing a terrorist-controlled country nuclear weapons is a disaster waiting to happen.

Something "interesting" catches my attention. Usually WWW.CNBC.COM gives the Futures report at 6 p.m.; Monday through Thursdays evenings. Then on Sunday evenings it gives the Futures report at 6 p.m. or a little later for Monday.

Now what catches my attention is that it is presently 1.42 EST and there STILL is no Futures report being given.
Secondly - usually there is some news on the Major watched/read financial news networks (etc., CNBC, Marketwatch, Bloomberg, Reuters, The STREET). NONE of these networks is saying ANYTHING about the Indexes dropping OR climbing starting out this week. Absolute SILENCE in fact.

What this strongly hints to me is that the "big boys" are expecting a market selloff this coming week of various degrees UNLESS the FED jumps in and manipulates the Three indexes to STOP a major selloff. So these major news networks are holding off saying ANYTHING until they see what the FED is secretly going to do with the Indexes: PREVENTING a selloff .... or letting it only be a slow, trickling selloff going into the fall before manipulating the indexes UP right up to the November Presidential election.

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=SQQQ&insttype=Fund

This is a short term play, its a 3x, never fall in love with a 3x.

Picked up some S at $7.32

into AMC / LUCY making way more

#SQQQ: $7.29...

#SQQQ: BACK UP THE TRUCK...NEW 52 WEEK LOW....