The exchange-traded fund (ETF) industry witnessed an exceptional year in 2024, marking a significant milestone by surpassing $1 trillion in total inflows for the first time. This achievement, highlighted by research firms ETFGI and the Investment Company Institute, outpaces the previous record of approximately $920 billion set in 2021. Currently, the ETF sector boasts over $10 trillion in assets, underscoring its growing importance ...

Yesterday, I made several strategic moves in my portfolio: I closed out my FNGU ETN position, sold my TMF February 2025 $50 calls, and initiated a TMF Vertical Spread expiring in October 2024. All of these decisions were part of a broader strategy to deleverage and reduce risk, given the volatility and uncertainty leading up to today’s Fed rate decision.
In this envir...

What a difference a week makes! After the rough start with FNGU, which plummeted by 12% last week, I’m glad to report a remarkable rebound. My position, which was down in the red, has surged back into positive territory with an 8.5% gain. Below are the screenshots of my holdings showing the 20 shares of FNGU I purchased at $363, now climbing to $394. It’s clear the volatility can cut both ways, and this week, I’m fi...

Just when I thought the worst of September’s notorious market volatility was behind us, this first week has been a real eye-opener. After days of steady losses, the S&P 500 (SPY) and Nasdaq 100 (QQQ) took sharp downturns. The SPY dropped 3.6%，and QQQ plunged about 7%. This was all triggered by disappointing labor market data, including the ADP employment report and nonfarm payrolls, which came in below expectations.
Betting on the Wrong ...