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Image source: Getty Images. The amount of capital you have access to is one of the core variables determining the size of the nest egg you can build, and it’s more than just about how much you can save. Take the Tax-Free Savings Account (TFSA) as an example. If your goal is to build a nest…
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Bg Post: Day 9 of $QQQ short term down-trend; Since day 1, QQQ is down -4.2% and SQQQ is up +12.7%. SQQQ has advanced more than all but one of Nasdaq100 stocks (MSTR) and all of the S&P500 stocks! Trading TQQQ or SQQQ at Day 1 of a QQQ short term up-trend or down-trend beats most individual stocks. See also 2 charts.
I have shown repeatedly that buying the triple leveraged ETF, TQQQ, in a QQQ short term up-trend beats almost all individual stocks. The same can be true for buying the inverse ETF, SQQQ, on Day 1 of a QQQ short term down-trend. The problem is that this is very difficult to do. Day 1, by…
