$Nasdaq100 Bear 3X ETF(SQQQ)$
I'm buying some to hedge against the selldown. I believe there's no catalyst to boost the market in the short-term and we will probably see more selldown when Fed holds their meeting next week!
The inflation in US is still relatively high at 8.3% due to huge drop in crude oil and commodity prices, the Fed will need to take more aggressive stand to bring down the high inflation!!
75 or 100 basis point interest hike? I'll prepare by buying some $Nasdaq100 Bear 3X ETF(SQQQ)$ before the Fed announcement to protect my remaining long positions. What about you??
@CaptainTiger @TigerStars @MillionaireTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments