I bought a partial position in SQQQ to tactically hedge against a potential short-term pullback in the Nasdaq-100. Tech valuations look stretched, and I see rising risks from macro factors. This inverse ETF provides leveraged downside exposure, helping to balance my portfolio while keeping the position size controlled.
| Side | Price | Realized P&L |
|---|---|---|
| Buy Close | 19.53 | +16.44% Closed |
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.
- Mortimer Arthur·08-02TOPEconomy in crisis, job report devastating! Tariffs on top of all this turmoil 🥴. This idiot president is the worse ever. SQQQ going to $300,000 easy. Depression is in the mix.LikeReport
- Merle Ted·08-02Going to $20! Next week $30 by mid week. Market is in total disarray. Tariffs will put a wrench into this already dismal outlook.LikeReport
- ChrisColeman·08-01Smart moveLikeReport