$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ neutral data. s...
$ProShares UltraPro Short QQQ ETF(SQQQ.US$ neutral data. slightly lesser PCE by 0.1% which is ok. but personal income increased which is bad.
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Zetariel : Is that why SQQQ wild swing ? Dunno is it up or down .
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razo2 OP Zetariel : PCE is supplier and manufacturer inflation. he is trying to kill the demand on the jobs which is not working based on the jobless claims and personal income data.
razo2 OP Zetariel : because market will see data as neutral. but JP will not like that personal income data.
Zetariel razo2 OP : Thanks for your analysis !