• Hello, please take a minute to check out our awesome content, contributed by the wonderful members of our community. We hope you'll add your own thoughts and opinions by making a free account!

Misc Stock Market

He's going to wait till after market close.
 
So, I need some noob guidance. What's the risk/benefit of holding leveraged etf's from day to day (in noob terms please)? If I believe there is a general sense of market direction over the course of the week, is it wise to buy, say SQQQ, UPRO, UCO, etc, and hold for a few days even if there is some fluctuation day to day? I dropped ECON 201 and took another elective back in school, so I'm challenged and have special needs when it comes to this stuff. Thanks everyone!
 
Double bottom in QQQ...or is it only temporary. Buyers came pouring in as expected.

I added some Q's and SPY on that bounce.

Screen Shot 2022-02-22 at 3.01.04 PM.png
 
You can tell that the markets didn't believe there was much to the sanctions. Dow rebounded about half its losses and Russian futures up about 7%
 
You must log in or register to reply here.
Back
Top