MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) Stock Forum and Discussion

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FNGU MicroSectors FANG+ Index 3X Leveraged ETN

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450.660
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Close Oct 11 16:00 ET

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102571145

Oct 9 12:19

$MicroSectors FANG+ Index 3X Leveraged ETN (FNGU.US)$ fngu ROCKET 🚀 UP UP UP .

Alex Wong Cian Yih

Sep 18 09:45

A Full Overview of My September 17 Trades: Deleveraging FNGU, Closing TMF Calls, and Executing a Vertical Spread for Risk Control

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...

Alex Wong Cian Yih

Sep 15 08:50

Second Week of September: FNGU Rebound, Fed's Dilemma, and TMF Call Spread Update

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...

Aggressive 50bp rate cut: How long will the market frenzy last?

Alex Wong Cian Yih

Sep 8 00:13

The First Week of September: A Tech Slump and Market Shock

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 ...

Walz vs. Vance: Vice presidential debate, what to expect from the market?

moopipo

Aug 22 09:27

$MicroSectors FANG+ Index 3X Leveraged ETN (FNGU.US)$ take away snow, bye

Alex Wong Cian Yih

Aug 14 09:52

CPI and Market Reaction: Strategic Moves and Profit Sharing

Yesterday, I commented on Moomoo about the potential market reaction to the CPI announcement. I mentioned that if the CPI were to fall below 3% or rise above 3.2%, the stock market would likely drop. Today, the CPI was announced at 2.9%, confirming my prediction. As a result, the market has been experiencing a decline, with the QQQ ETF down by approximately 0.5% and continuing to drop.
Recent Market Conditions
1. CPI Data: The CPI data ...

July CPI meets expectations, inflation eases: Will the expected cuts be significant?

Alex Wong Cian Yih

Aug 10 01:49

Sahm Rule Triggered: Early Recession Signal and Market Reaction

$Direxion Daily 20+ Year Treasury Bull 3X Shares ETF (TMF.US)$
$Invesco QQQ Trust (QQQ.US)$
$MicroSectors FANG+ Index 3X Leveraged ETN (FNGU.US)$
Recently, the Sahm Rule has been triggered with a value of 0.53%, signaling the early stages of an economic recession. Historically, this rule has been a reliable early warning sign, indicating that the economy is beginning to contract. However, it’s crucial to understand that the stock market...