$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ hope can close ...
$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ hope can close 50 by end of the month
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Nothing90 : I really hope that US will default their debt
Seraphicall : Won’t hit $50… mates, please be patient la.
Nothing90 : it will definitely hit or exceed $50 within 3 weeks hehe. can't wait for the next FOMC. .75 basis point coming
股添乐 Nothing90 : when is next fomc day?
生生世世生生世世 Nothing90 : Is the US government you think America is a kindergarten on your doorstep
秦江阳 : hopeful
Nothing90 股添乐 : 22 Mar 23
razo2 生生世世生生世世 : that person is not wrong. you might want to check the data first before commenting. check the yield inversion, M2 & M3, company earnings, US government debt against GDP. the US government is in 31.4 trillion debt with M2 & M3 being almost none existence. don't forget with China selling US bonds like crazy, the US needs a fresh set of countries to buy their bonds. oh wait they don't have enough cash to buy it due to the debt ceiling.
razo2 : people this is not going to be an easy market to guess. if you are going to short the market my suggestion is to short when the fed starts to cut rates by end of 2024. do your homework and see the dot plot released by the fed government. in the past history of Nasdaq, the market don't collapse until the fed start the cut rates because it is a lagging indicator. you need to remember inflation needs to be below the interest rates and hold until the inflation falls back to 2%. is not a process that is short. just to give an idea the market rally even at 14% inflation during 1980. so what makes this stock market any different? just remember to day trade and close your position by end of the day. take your gains and walk. don't fomo in short and long. see data that is reliable and keep to the narrative without the greed.