PROSHARES TRUST (NASDAQ:SQQQ)

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  • maracom: ...
    Looking into next year, I'm expecting most fund managers to avoid rocking the boat. Everyone wants to send nice end-of-year statements to their clients, and the longs are gonna inflict max pain on the shorts by breaking the 2022 highs, but the indic ...
  • bigbartabs: $SDOW $SPXS $SQQQ $TZA ... the 4 major index shorts (1x and 3x ETFs) hit their lows yesterday before the drop... and now higher. I'm not much of a short trader, but might be tickers to watch if we truely have reached a top... with the next phase down... FWIW
  • bigreek42: picked up a bit of $sqqq
  • bigreek42: taking off some more $pltr tho this $sqqq buy not working out well. Should be stopped out soon
  • bigreek42: buying some $sqqq as a hedge here will give 2% stop
  • bigreek42: moving stop on $sqqq to 19.60 and sold some $ccj
  • sierramp: @curtis Yes, it is ominous now. Charts are gasping for air, not much is working. It's always a bad sign when I consider using the $SQQQ.
  • champ: $SQQQ...it doesn't look like the major Tech-stocks are going to turn, they just might keep zig-zagging lower..... ....$UVXY is also still in play. I'm long both. ....I tried to get a long position in $MSFT, that would hold but I have been getting stopped-out, so far at Entry, it goes up a little but falls right back......... ...and for now, it sure looks like the shorts are in control. Might try again if the Markets start to turn back-up. Chop....Chop.....
  • champ: $SQQQ $TZA $FAZ....check-out these ETF's.......
  • champ: @champ $SQQQ $TZA $FAZ....I'm #not going to swing.
  • champ: $UVXY and $SQQQ....
  • joelsg1: @Docoof $QQQ $QLD $TQQQ That triple leveraged $TQQQ and $SQQQ is for short term trading only, really day, hour, minute trades and move fast. When I do it I'm watching closely with not much time or need for more than mental stops. When I can't pay such attention, then out.
  • Docoof: @joelsg1 $QQQ $QLD $TQQQ $SQQQ
    The way I see it, and I’m obviously your junior, it’s a matter of volatility tolerance. Year to date, $TQQQ is up almost exactly 3 times $QQQ. Over one month or two months or three months it of course diver ...
  • joelsg1: @Docoof $QQQ $QLD $TQQQ $SQQQ You are clearly on it, but consider potential risks of holding this longer term, and then there's the 1% expense. https://www.optimizedportfolio.com/tqqq/
  • Docoof: @joelsg1 $QQQ $QLD $TQQQ $SQQQ But the great LW has put it all on the line! Just kidding, thanks.
  • joelsg1: @Docoof $QQQ $QLD $TQQQ $SQQQ Actually, his monthly trade is go long the close 10/27 for 6 day hold through 11/6 first profitable close. 80% probable success. (Last 2 have worked spectacularly.)
  • Docoof: @joelsg1 $QQQ $QLD $TQQQ $SQQQ What am I missing? He said he will be fully long stocks by the last day of September. What you are referring to is his E-minis trade. Is any of the above inaccurate? I did sign up for one more month of his historical cycles of stocks club, or whatever it’s called: Focus on Stocks. LW 9/21: “I think it's time to start to get long. Where? At the August lows. When? By the last day of September. That's my plan.”
  • joelsg1: @Docoof $QQQ $QLD $TQQQ $SQQQ Start to get long means wait for trigger on individual trades. E-mini is an historical cycle trade without another specific trigger, I think.
  • woodman: @joelsg1 $QQQ $QLD $TQQQ $SQQQ - The answers are all found here. https://www.imdb.com/title/tt0368891/ :-)
  • bigreek42: long day gonna try some $sqqq with 2% stop
  • Docoof: @bigreek42 $sqqq Nice. Working well so far. (Watching, np.)
  • bigreek42: @Docoof $sqqq so far, moved stop to b/e.
  • bigreek42: taking off 1/2 $sqqq
  • bigreek42: Selling rest $sqqq
  • vitoB: @bigreek42 $sqqq ..nice trade, wish i followed
  • Docoof: @bigreek42 $sqqq Nice job.
  • bigreek42: @vitoB $sqqq thanks - glad being on sidelines again
  • bigreek42: @Docoof $sqqq it worked out , could have trailed it tho ok being out
  • maracom: Good morning all! Booked a little $SQQQ profit, probably too early as usual... The generals (Sevastopol admirals?) are still being taken out back and disposed of... $AMZN breaking the 100, $GOOGL breaking the 50. Same story on $TLT and $UUP #Trading: Long: $EWZ $UNG $WPM #LTA: Long: $DVN $FCX $NEM $SLV $DVN Next support $45.3 $FCX In danger of free falling, but hasn't started just yet. #Watching $CF nice pattern, is up against resistance from early 2023, will look for a small Phase 2 to pick up a starter to replace $MOS. $CTRA pausing at the 100sma, expecting a downward move again to the 200 when the 8 EMA catches up. Might get back in if it recaptures the 8ema. $URA $OII showing some strength but doesn't look like a breakout yet
  • champ: $UVXY...this is Day-5 on this ETF and the first move today fell back and Now it is trying to move back-up again, I'm only holding this ETF for now. $SQQQ and $SDS.....however could also Watch both of these. .....#Uncertainty is back in the Markets and #if the Markets continues this drop, these type of ETF's will be in play....and these ETF won't move straight-up on any drop, they will only zig-zag-up.
  • champ: @traderbren $TNX ....Yes and thats a real negative for the Markets, however there are others......plus the possible Government shutdown....... .....plus the price of Oil and Gasoline continues too climb...and as we all know, the Energy-sector has positive News-flow..... ....plus the Strike could continue..... So for now....the News-flow for the Markets is negative....and Uncertainty is back-in the Markets.. .......$UVXY $SDS $SQQQ.......the large players are working with hedges.
  • bigreek42: @champ $UVXY $SQQQ $SDS - I cleared out of $sqqq early tho looking for re-entry
  • champ: @bigreek42 $UVXY $SQQQ $SDS $sqqq....Yes it is always hard to know what to do and for Now, I'm only holding a nice size position in $UVXY and I might only hold this ETF, ....and I don't think that I'm going to hold any other short ETF's. Because for me it is easier to work risk, with only one ETF. Good Luck!
  • scottrades: My video notes: $SPY/$QQQ Hard to swing.. $UUP Up Up and Away $TNX Higher Highs $USO Back through the 8EMA $XLE Above the 50 Day $GLD Not great $UVXY Mentioned by champ in the forum $TLT Waiting for capitulation $SQQQ Inverse Ultra $XME Nowhere to hide. $GBTC US Congress Askes Gary to approve. $META Holding up well $TSLA Above the 100 EMA $TDW Mentioned this morning $LULU Chopping around the 50 Day $ELF trying to rebound. $NOV Slope $VIST Base $AESI ATH on Volume $X Watch 32.50 $CCJ In trend but might be crowded.
  • maracom: Good morning all! Much as I support reducing the federal budget, I don't like my investment accounts to be at the mercy of the competence of Congress, so I'm still in 75% cash, leaning more short than anything else. $UUP still up, $TLT still down, institutions still raising cash as well. But if the FBI wants to offload some Mendez gold, I'd consider buying... #Trading: Long: $EWZ $UNG $WPM Short: $SQQQ Booked some $SQQQ profit at 20.7, still have a starter #LTA: Long: $DVN $FCX $NEM $SLV $DVN Next support $45.3 $FCX In danger of free falling, but hasn't started just yet. #Watching #CF up while the other fertilizer stockers are down #DOW refined oil products play, got an upgrade today #URA #OII
  • bigreek42: dipping toe in $sqqq
  • vitoB: @bigreek42 $sqqq ...im weary of the lows yesterday being hit...I agree that going higher seems most likely, but 5dema is all the way down near 19.55..although the NDX has not gone above yesterdays high.lets see
  • bigreek42: @vitoB $sqqq may be early but wanted to start position after 1% move this morning .
  • joelsg1: @vitoB $sqqq Rather $TQQQ if anything, but wait until Tuesday if positive open, IMHO.
  • bigreek42: taking off 1/2 $sqqq
  • vitoB: @bigreek42 $sqqq …you had the call on this one. Just went the other way with $TQQQ at 36 Off the recent lod
  • bigreek42: @vitoB $sqqq $TQQQ I figured with the zig-zags would take some off and re-load if we rally some
  • vitoB: @bigreek42 $sqqq $TQQQ .. we’ll when you reload I should be gettin out. So I’ll be watching. Just lookin for a throw back to vwap
  • vitoB: @vitoB $sqqq $TQQQ wrong way again. Bad fday
  • bigreek42: @vitoB $sqqq $TQQQ closed out for weekend good luck
  • maracom: @champ Looks to me like shorts are piling on. I'm back into $SQQQ here into the close
  • maracom: @bigreek42 $sqqq I'm going back into sqqq into the close
  • champ: @maracom $SQQQ....It look like swing and day traders took their profits.....and I don't think very many New-shorts would be carrying their shorts into Monday.
  • bigreek42: @maracom $sqqq I nearly bought back but will wait until Monday.
  • maracom: ...
    #Trading: Long $EWZ $UNG $SCHW $OII Short: $SQQQ
    $SCHW may be headed under the 100, will wait out the morning volatility but might shut this down for a small loss.
    #LTA: Long $XOM $DVN $CTRA (1/2) $FTI (1/2) $FCX $SLV (1/2) $NEM (1.5x) $MOS $AA
    $DVN ...
  • vitoB: out of 3/4 of $SQQQ and into equal parts silver $PAAS $AG
  • vitoB: @vitoB $SQQQ $PAAS $AG ... all out of the rest of $SQQQ...could go back in if the silver trade loses luster
  • maracom: Booked profit on $SQQQ $XOM $FTI. Closed #OII for a small loss. $FCX gap down sold a partial. $SCHW hanging in there.
  • vitoB: @vitoB $SQQQ $PAAS $AG ...taken some profits in the $AG more spec, and leaving $PAAS
  • joelsg1: $SQQQ Traded this well and poorly, but the timing was always to close tomorrow. Good luck to fellow travelers.
  • maracom: @joelsg1 $SQQQ Yeah me too. I usually sell too early on the short side because I get skiddish about bounces. No such bounce today, closing location value on $SPY was awful, right on the neckline of a head and shoulder
  • vitoB: $SQQQ this has a good chance of makin a nice candle today ...yesterdays low 18.77, any close above would be pretty strong, and could be at least a gap to fill today
  • vitoB: Joe T just bought the QQQs on a thesis of a 4th quarter surge...so I feel even better about $SQQQ
  • SusanW: @vitoB $SQQQ That's funny! and I agree. He has not had a winning stock in ages. I don't know how his fund is making any money. When he picks a stock I own I get concerned.lol
  • bigreek42: maybe $rh found temporary bottom. I still dont get the disparity in today's pricing with $qqq and $sqqq
  • joelsg1: $SQQQ Out for essentially BE (Break-even).
  • GEMSTrader: Day trading $sqqq
  • vitoB: just clipped the follow through day low 4431.68...kfb time?... $SQQQ from yesterday close
  • joelsg1: @vitoB $SQQQ kfb?
  • vitoB: sellin 1/5 of $SQQQ
  • joelsg1: $SQQQ Sold at various profit levels but looking to add back.
  • vitoB: buyin back the $SQQQ portion I sold
  • joelsg1: @vitoB $SQQQ Back in but rolled up.
  • joelsg1: $SQQQ Bought as hedge for this very seasonal down week
  • Docoof:
  • joelsg1: $SQQQ Trading aggressively.
  • champ: @joelsg1 $SQQQ....It looks like the tech sector is on hold until after the FOMC Rate Decision on Wednesday....could be setting up for a late Wednesday.. Buy the Close, for a Thursday bounce, on certain tech stocks.
  • joelsg1: @champ $SQQQ My trade is a hedge on Fed, but also a very aggressive trade on #LarryWilliams seasonal pattern. Quick and speculative, at most 4 day hold through Friday.
  • maracom: Good afternoon all! Trying to stay light headed into #FOMC #Trading: Long $EWZ $UNG $SCHW Short: $CCJ BeCS $41/$42 Sept 22 Added 1/4 position to $SCHW, another test of 100ema passed today Starter in $SQQQ given that $NVDA is breaking down towards the 100 ema #LTA: Long $XOM $DVN $CTRA $FTI (1/2 position) $FCX $SLV (1/2 position) $NEM $MOS $AA
  • champ: @joelsg1 $SQQQ #LarryWilliams....Yes could be, however the guess is, that the Feds will pause, so the next computer-game is, all the computers will be Set-up for a real nice small flash-bounce, off of the word pause, for all of their #Computerized-trades...on certain stocks...... ....in Tech, Energy and some Banks......however everything might bounce, off of that obvious Set-up, for 1-more and done or a pause.....and for Now the Pre-play might be....a zig-zag move into that #pending-News-event on Wednesday. ........Something to Think about.......
  • scottrades: @vitoB $RIOT $SQQQ Strange Crypto price action today...
  • vitoB: just dumped everything except $RIOT and went $SQQQ ...props to joelsg1 if you did that one
  • vitoB: @scottrades $RIOT $SQQQ bonds were lower than open, dollar was mostly lower, and still this cant get continuation...all other commodities were bought up except BTC...im getting angry
  • joelsg1: @vitoB $RIOT $SQQQ Yep. Friday $18 options, as I said aggressive.
  • vitoB: @joelsg1 $RIOT $SQQQ ...yea feel like we just need a little push for a 2 handle
  • champ: $$UVXY at $14.48.... $SQQQ at $18.13....new Day-trades this morning, and I'm Trailing my stops at around entries....... ....both are Specs and direction is unknown.
  • champ: $UVXY and $SQQQ....both are HOD.
  • champ: $UVXY and $SQQQ.....these did't really have timings today, I broke even on 1 and I lost a little on the other today.....because the Markets acted as if today was just more or less just a Flat-day, however after the open, in the last part of the first ...
  • Junaid: Market looking pretty weak RHRN. $SPY and $QQQ couldn't hold above the 8EMA. Bought some $SQQQ yesterday at $19.75, will likely be my only position for awhile. @Dan @Scottrades
  • Aragil: @Junaid $SPY $QQQ $SQQQ started to buy $SQQQ @19.24, my average price now is 19.65 but I'm hesitating now to keep into the weekend or to take profit later tonight...
  • maracom: Bond yields still surging, $TLT testing the Oct 2022 lows. The $SPY and $QQQ were are very different levels back then. I've got a bearish outlook on the indices and looking for a head and shoulders to go into the $SDS or $SQQQ
  • champ: $UVXY $SQQQ $SDS $TZA....looks like they are all moving together, so Traders only need to hold one......I picked $UVXY and it sure looks like I will be adding........
  • woodman: @champ $UVXY $SQQQ $SDS $TZA - $LABD leading the way.
  • woodman: @champ $UVXY $SQQQ $SDS $TZA - $FNGD working well too.
  • champ: @woodman $UVXY $SQQQ $SDS $TZA.....Yes the race is on and $UVXY is closing the Gap....$LABD $FNGD...LOL
  • woodman: @champ $UVXY $SQQQ $SDS $TZA $LABD $FNGD - I was just at the Saratoga Springs horse races on Saturday. I feel like I'm back there. :-)
  • DavidG: $QQQ One of the charts I got from the head technician at Stockcharts.com, Dave Keller, is a chart of the Bullish percent Index. I keep one of these charts for the QQQ index and SPY index. The bullish percent is calculated from all the point and ...
  • DavidK: @DavidG $QQQ $SQQQ well I bought $QQQ puts today .
  • DavidG: @DavidG $QQQ $SQQQ As QQQ currently rests on the 50d EMA where I expect support, I don't want to overstay my welcome. I had 6% gain on SQQQ purchased Aug2 and I have just sold it as I write this. While the bullish percent chart for an index is a useful timing tool, giving pretty good inflection points, you still have to look at the underlying index, ie the QQQ.
  • DavidG: @DavidK $QQQ $SQQQ I would have not done this, as the QQQ is sitting on the 50d EMA and I expect some support at this level. I could be wrong, but I just sold my SQQQ for a quick profit.
  • champ: $VXX $UVXY $FAZ $SQQQ $SDS $TZA....as we can see Traders and Investors are both looking for Market Direction....and for Now, these short ETF's are just holding their current price levels, they also just seem to be waiting for direction. For now... $UVXY is my only position this morning and it is seems to be stuck at at around $20.30, so far just a little stormy weather.
  • champ: $SQQQ...HOD....new spec position this morning, Trailing, might swing, if I get that far.
  • DavidG: @champ $SQQQ Followed you on this with a small position. Over last 12 days, there has been more selling pressure than buying pressue - evidenced by: 6 large green volume bars (buying) over the 20d MA of volume vs. only 2 days of red bars over the 20d MA of volume I think we are close to inflection point of QQQ to the downside, and I'm taking a small position to hedge some of my longs positions.
  • champ: @DavidG $SQQQ ....I'm holding $SQQQ $SDS and $UVXY.....and I'm Trailing, so I don't know how long I will be in these Hedges. LOL
  • champ: $SQQQ $SDS $UVXY....with 40-minutes left...Now we will see that the Markets think about swinging positions...I'm Trialing and I would like to swing.....Partials.
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Stock Price $10.48
Change 0.77%
Volume 73,746,200

The investment seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the NASDAQ-100 Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times the inverse (-3x) of the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on The NASDAQ Stock Market. The fund is non-diversified.

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