BearishI've been waiting for this pullback. Disclaimer: This is only for educational purposes only. This is what I'm thinking and doing. Please consult with a licensed Professional Broker for financial recommendations. Do not buy or sell any financial assets based on my personal opinions.Educationby buysellwallstreet2
Short term: Neutral to BearishI'm hoping for lower prices on the TQQQ. In my opinion, the short term is overbought. Don't mean it can't go higher, but for me, I'm waiting for lower prices. I'm buying the dips on the TQQQ. . Happy Investing! Disclaimer: These are my opinions, this is what I'm thinking and doing. This is for educational proposes only. Please consult with a professional licensed Broker for financial recommendations.Educationby buysellwallstreet2
I'm flatI'm flat, hoping for a pullback. I'm hoping to buy the next dip. Disclaimer: These ideas for educational purposes only. My opinions, not recommendations to buy or sell financial assets. Educationby buysellwallstreet2
Chaos is Coming !Starting my short on TQQQ because i want short exposure to leveraged funds. I am pretty sure it is these funds that are responsible for the major gaps the last 10 min, and it does not seem like institutional investors are joining, but retail is almost at all time highs. Meanwhile $DXY looks like it is ready for a face ripper : I have no idea what the catalyst will be, my guess would be fact checking the employment numbers today over the weekend. If the Donald fudged the numbers, that would be a significant event never seen before in US markets. We're not talking about rounding up to the nearest percent, it seems like a flat out lie. I hope this is not the case as this will spell pain for a lot of people.Shortby ag5Updated 9
OPENING: TQQQ JULY 17TH 55 SHORT PUT... for a 2.73/contract credit. Notes: Background implied isn't what it was a few short weeks ago, but it's still pretty high here at 89.6%. Looking to "wheel" this (i.e., short put, acquire, cover) if it breaks down; otherwise, perfectly happy to keep the premium. 5.22% ROC at max (if cash secured).Longby NaughtyPinesUpdated 3
How to trade 3x ETF's?How to trade 3x ETF's? When to trade 3x ETF's? When to hold 3x ETF's? For how long should you hold 3x ETF's? The Answer is worth millions, enough to generate enough income for the rest of your life, and it is simple. TREND is the answer. Holding it as long as it is TRENDING. There are enemies on your way of trending, noises. Trading with the trend is The Only Way and the Best Way. Keep it simple my friends. Longby humb449
TQQQ - Leveraged Bull NASDAQ TQQQ provides 3x leveraged exposure to a modified market-cap-weighted index tracking 100 of the largest nonfinancial firms listed on NASDAQ. Could be worth a watch over the next few weeks especially if market starts to recover. Not a buy and hold trade. I was long on it today which created some nice gains.Longby zAngusUpdated 559
Nice ReversalThe market may continue higher, but I don't trust the stock market at the time, don't want to get hit by a Freightliner. Hoping for a string of 4 to 5-day rally, not a one-day wonder like today (great reversal, give credit when credit is do). It may not happen, but I'm hoping for a retest of today's lows on the TQQQ. Happy Investing! Disclaimer: These Ideas are solely intended for educational purposes only. This is what I'm thinking and doing. These are strictly my personal opinions. Please consult with a licensed financial Brokerage for professional recommendations.Educationby buysellwallstreet3
TQQQ weekly knocking on door of resistance Gann FanI just notice that on a super long range, TQQQ followed that parallel channe, along the Gann Fan, but went way under last march making it now testing the channel from under like never before. Shortby jessyfuchs114
FlatFor me, it's saver to be on the sidelines, the futures on the Nasdaq 100 are up 68.75, but just like Monday evening the Nasdaq 100 futures were way up and weaken right from the get-go, first hour of trading. I'm patiently waiting, hoping for lower prices, soon. This what I'm doing and thinking, this Idea is not intended for investment purposes. Educationby buysellwallstreet3
ShortI'm buying QQQ: PUT, Strike 230, Expiration 4.29.20 Hoping to buy between $2.00 to $2.50 This what I'm thinking and doing, this post is only for educational purposes only. Please consult with a licensed broker for professional recommendations. Educationby buysellwallstreet2
TQQQ Trading inside channelInitiated a short position here. Looking for 10% gain. Stop loss at 5%. 2-1 risk/reward ratio. Will be mainly using the pitchfork and as a visual guide, and using my macd signals for alerts. For the last 2 months, if you initiated short position at the upper band of the channel just after the (close long) alert signal, and closed short position at the first (open long) alert signal, then you would have 3 successful trades for about 10% profit each. If for some reason, the price breaks out of this pitchfork channel, then the strategy is voided. Profitable alert signals rely on heavy volatility, that's why I'm covering triple-leveraged ETF.Shortby bodeen88Updated 5
TQQQ - Short Put 17 Jul 20 55Opened yesterday for a credit of $3.22 per contract. Cash Secured. With mostly cash in my portfolio, I think it's a good time to use the wheel strategy: 1. If TQQQ ends up above 55 at time of expiration - collect premium 2. If put in-the-money: start long on TQQQ 2.a. sell covered call on TQQQ Longby BingCherryOnTop6
TQQQ Target:[$100.00] Target Date:[07/01/2020] ROI:[38%]NASDAQ-100 INDEX The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial companies listed on The NASDAQ Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. Last week, the Invesco QQQ Trust (QQQ) crossed the $100 billion in assets mark, joining three S&P 500-based ETFs and a total stock market offering from Vanguard. CFRA rates QQQ as a five-star diversified U.S. equity fund, believing it has a high probability of outperforming in the next nine months due to its low costs and high reward potential, despite slightly elevated risks. Exposure to the biotech sector which is poised to profit from therapeutics to treat the coronavirus and future pandemics. Analyst Ratings Firm Name____________Rating FactSet ________________A Ned Davis Research _____BUY XTF Inc. ___________10 out of 10 Morningstar, Inc.* ___ 5 out of 5 Zacks Research ______Strong Buy Top Holdings MSFT Microsoft Corp 11.92% AAPL Apple Inc 11.19% INTC Intel Corp 2.97% CSCO Cisco Systems Inc 2.11% NVDA Nvidia Corp 2.04% ADBE Adobe Inc 1.95% PYPL Paypal Holdings Inc 1.42% AVGO Broadcom Inc 1.19% TXN Texas Instruments Inc 1.18% QCOM Qualcomm Inc 0.98%Longby jfs2152Updated 2
Scaling into TQQQ for very short periodI've opened positions in TQQQ.Longby InvestingIsAScienceUpdated 334
TQQQ... very hot again this week. Should we expect a pullback?I expect TQQQ to hit the weekly support (brown) beginning/mid next week, and to start to pullback halfway to the middle of the hour trend line (blue). Then, will see :) Feel free to comment, as the more we comment, the more we will win this together.by mcardinal894225
Long TQQQ/NDXPrice will cross-over the resistance line and re-establish the previous trend line. The market previously attempted to follow the trend line on 2020-02-28, but failed 2020-03-04 with the failure of the oil markets as the catalyst for panic selling. Oil futures and copper futures are showing strong upward movement with no resistance in site providing assurance for strengthening global economic conditions. The argument could be made that considering without the oil market collapse news the trend line would have been maintained . . . now that that market has recovered . . . the trend line should re-establish. The market already tested the resistance line twice, and both times failed to result in a major correction. If TQQQ/NDX was going to bounce off the resistance line aggressively it would have already done so. There may be some pull back, but nothing major. Longby ajd6
Close out TQQQ positionsIt's a good time to take some profits and scale out of TQQQ today. I'll post when to start buying SQQQ. Shortby InvestingIsAScienceUpdated 6
OPENING: TQQQ JUNE 19TH 35 SHORT PUT (LATE POST)With rank/implied at 74/124 and the at-the-money short straddle paying a whopping 33% of the value of the stock price in the June expiry (57 days until expiry), sold the 84% probability of profit strike for a 2.06/contract credit late in the session. Break even of 32.94.Longby NaughtyPinesUpdated 558