I have been DCAing into SPXL and TQQQ the last 3 months. 5% left to allocate for these accounts and will DCA that the next 3 weeks presumably into any pull backs. We got the MA 200 break out folks. Holding this trade for at least 1 year.
Based on the current breadth moves, it is highly likely that the bear market has ended. However, it is highly unlikely that the price will continue rising for many years to come considering the projected persistent inflation by economists like Roubini and El-Erian. Based on the similarities between today's price action and the 70's this idea is based on the...
My long term chart. There is no 5500 anytime soon!