To The Moon

Technology focused ETF $MicroSectors FANG+ Index 3X Leveraged ETN FNGU(FNGU)$ rose 9.78% on Tuesday trading, the biggest one-day gaining since June 15. And it ranks one of the top 10 performing leveraged and inverse tech ETFs for last week.

$MicroSectors FANG+ Index 3X Leveraged ETN FNGU(FNGU)$ is a technology focused ETF, FNGU offers exposure to five core technology companies – $Meta Platforms, Inc.(META)$ , $Amazon.com(AMZN)$ , $Apple(AAPL)$ , $Netflix(NFLX)$ , and $Alphabet(GOOG)$ , as well as five other technology growth stocks, including $Alibaba(BABA)$ , $Baidu(BIDU)$ ,$NVIDIA Corp(NVDA)$ , $Tesla Motors(TSLA)$ , and $Twitter(TWTR)$ .

Source: www.finance.yahoo.com

On Tuesday‘’s trading, all the 10 stocks see positive increase, "Metaverse" $(Meta)$ rose by more than 5%, Google's parent company $(Alphabet)$ rose by 4.4% to a one-week high; $(Amazon)$ rose by nearly 4%, and has closed up for five consecutive days; $(Apple)$ closed up 2.7%, and $(Microsoft)$ rose by more than 2% , $(Tesla)$ rose by more than 2%, and it also closed up for 5 consecutive days; $(Netflix)$ closed up 5.6%, and soared again by 12% after the market. The number of streaming media subscribers in the second quarter fell better than market expectations, but The outlook for new users in the third quarter is poor.

From the list we can see, most are growth stocks. Star technology stocks counterattacked strongly throughout the day. 

Does this means the market see positive momentum on future market？

Wallsteet_tiger are going to make a certain voice now. But we can see 10 tech leveraged and inverse ETFs see great return on last week, and $MicroSectors FANG+ Index 3X Leveraged ETN FNGU(FNGU)$ is one of the last week’s top 10 performing leveraged and inverse ETFs.

Source: www.etftrends.com

The rest 9 are $S&P Biotech Bull 3X Shares(LABU)$ ,$MicroSectors FANG & Innovation 3X Leveraged ETN(BULZ)$ ,$Semiconductor Bull 3X Shares(SOXL)$ ,$ETFMG Prime 2x Daily Inverse Junior Silver Miners ETF(SINV)$ ,$Daily Dow Jones Internet Bull 3X Shares(WEBL)$ ,$ProShares Ultra Semiconductors(USD)$ ,$Nasdaq100 Bull 3X ETF(TQQQ)$ ,$Daily Consumer Discretionary Bull 3X(WANT)$ ,$ProShares Ultra Nasdaq Cloud Computing ETF(SKYU)$ .

Whether this is a good sign for the market?

Do you noticed the growth stock seeing better performance? 

please join our deeper observation and discussion.

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