Is SQQQ a buy? - Seeking Alpha

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HEADLINES:

Don't Be Victimized By The Semantics Of LETFs
Alpay Kaya • Wed, Apr 3 • 2 Comments
VIX - Options Volatility And Market Sonar, Tuesday Recap: Bonds Catch A Bid
Erick McKitterick • Tue, Mar 12 • 9 Comments
Fiscally Tightened Friday: Dollar Up, Markets Down - So What?
Philip Davis • Fri, Mar 1 • 5 Comments
Sequestration Thursday: Oh The Horror!
Philip Davis • Thu, Feb 28 • 7 Comments
Testy Tuesday: That's What The 50 DMA Is There For
Philip Davis • Tue, Feb 26 • 11 Comments
Thursday: Nasdaq And Apple - $50 Billion Removed Overnight
Philip Davis • Thu, Jan 24 • 20 Comments
Wednesday Rally: 1,500 Or Bust On S&P, 555 Or Bust On Apple
Philip Davis • Wed, Jan 23 • 21 Comments
Telling Tuesday: Top Tier Stocks Report Earnings
Philip Davis • Tue, Jan 22 • 11 Comments
Income Portfolio Update - Value Investing In A Low Volatility Environment
Philip Davis • Mon, Jan 21 • 12 Comments
Friday's Fantastic Finish: What Next?
Philip Davis • Fri, Jan 18 • 19 Comments
Which Way Wednesday: Is The Appleconomy Over?
Philip Davis • Wed, Oct 24, 2012 • 14 Comments
Nasdaq Losing 2012 Lead Fast
Bespoke Investment Group • Mon, Oct 22, 2012 • 2 Comments
TGIF: Stop The Rally, We Want To Get Off
Philip Davis • Fri, Sep 7, 2012 • 46 Comments
Markets Hit Resistance, Look To These ETFs
Epsilon • Tue, Jul 31, 2012 • 5 Comments
Wednesday: Stimulus Rumors Trump The APPLocalypse - For Now
Philip Davis • Wed, Jul 25, 2012 • 15 Comments
Friday Follies: What Percentage Of 12M Will Be Hired?
Philip Davis • Fri, Jul 6, 2012 • 94 Comments
Thrilling Thursday: Rumors Run The Markets
Philip Davis • Thu, Jul 5, 2012 • 3 Comments
Friday Fake Out: The Bear Trap Has Sprung
Philip Davis • Fri, Jun 1, 2012 • 160 Comments
Will We Hold It Wednesday: Euro $1.24 Edition
Philip Davis • Wed, May 30, 2012 • 9 Comments
Thursday Thrust: Enough To Break On Through?
Philip Davis • Thu, May 24, 2012 • 7 Comments

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Thoughts on Options Expiration, Vertical Charts and Market Crashes
Jeff Pierce • Thu, Feb 17, 2011 • 11 Comments
Look Out Direxion: ProShares Launches Line of 3X Leverage and Inverse ETFs
Invest With An Edge • Fri, Feb 12, 2010 • 9 Comments

Don't Be Victimized By The Semantics Of LETFs
Alpay Kaya • Wed, Apr 3 • 2 Comments
VIX - Options Volatility And Market Sonar, Tuesday Recap: Bonds Catch A Bid
Erick McKitterick • Tue, Mar 12 • 9 Comments
Fiscally Tightened Friday: Dollar Up, Markets Down - So What?
Philip Davis • Fri, Mar 1 • 5 Comments
Sequestration Thursday: Oh The Horror!
Philip Davis • Thu, Feb 28 • 7 Comments
Testy Tuesday: That's What The 50 DMA Is There For
Philip Davis • Tue, Feb 26 • 11 Comments
Thursday: Nasdaq And Apple - $50 Billion Removed Overnight
Philip Davis • Thu, Jan 24 • 20 Comments
Wednesday Rally: 1,500 Or Bust On S&P, 555 Or Bust On Apple
Philip Davis • Wed, Jan 23 • 21 Comments
Telling Tuesday: Top Tier Stocks Report Earnings
Philip Davis • Tue, Jan 22 • 11 Comments
Income Portfolio Update - Value Investing In A Low Volatility Environment
Philip Davis • Mon, Jan 21 • 12 Comments
Friday's Fantastic Finish: What Next?
Philip Davis • Fri, Jan 18 • 19 Comments
Which Way Wednesday: Is The Appleconomy Over?
Philip Davis • Wed, Oct 24, 2012 • 14 Comments
Nasdaq Losing 2012 Lead Fast
Bespoke Investment Group • Mon, Oct 22, 2012 • 2 Comments
TGIF: Stop The Rally, We Want To Get Off
Philip Davis • Fri, Sep 7, 2012 • 46 Comments
Markets Hit Resistance, Look To These ETFs
Epsilon • Tue, Jul 31, 2012 • 5 Comments
Wednesday: Stimulus Rumors Trump The APPLocalypse - For Now
Philip Davis • Wed, Jul 25, 2012 • 15 Comments
Friday Follies: What Percentage Of 12M Will Be Hired?
Philip Davis • Fri, Jul 6, 2012 • 94 Comments
Thrilling Thursday: Rumors Run The Markets
Philip Davis • Thu, Jul 5, 2012 • 3 Comments
Friday Fake Out: The Bear Trap Has Sprung
Philip Davis • Fri, Jun 1, 2012 • 160 Comments
Will We Hold It Wednesday: Euro $1.24 Edition
Philip Davis • Wed, May 30, 2012 • 9 Comments
Thursday Thrust: Enough To Break On Through?
Philip Davis • Thu, May 24, 2012 • 7 Comments

There are no Transcripts on SQQQ.

There are no News articles on SQQQ.

SQQQ vs. ETF Alternatives

SQQQ Description

ProShares UltraPro Short QQQ seeks daily investment results, before fees and expenses, that correspond to triple (300%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index®.
See more details on sponsor's website

Country: United States

Key Info

In Your Portfolio: Technology ETFs, A Guide to U.S. Total Market and Broad ETFs
Asset Class Performance: Market Cap

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| Earnings
| Dividends
| M&A
| On the move

Sunday, May 19, 9:52 AM There is no precedent for the current market, writes The Fat Pitch. Consider: 1) The S&P (SPY) has been up 56 of 88 trading sessions this year 2) It's up an uncorrected 24% since the post-election low - the longest streak in over 3 decades 3) The Nasdaq (QQQ) is on pace for a 7th straight up month, an occurrence with a 3-in-100 probability. Long term it's bullish, writes Ukarlewitz, as this sort of strength is rarely the end of a trend. Short term? Stay nimble. 49 Comments
Thursday, May 16, 7:38 AM Cisco (CSCO) is now up 9.4% premarket following last night's earnings and guidance. Lazard's Ryan Hitchinson notes guidance was light, but likely beat a lot of the whispers out there. He also believes management is remaining conservative amid improving demand trends. A bellwether no more, Cisco's moonshot is having little effect on the QQQs, which are barely green at the moment. 6 Comments [Tech, On the Move]
Tuesday, May 14, 8:03 AM More from Tepper: "We're going to get this hyper-drive market," unless the Fed starts tapering its purchases, he says (referencing 1999), adding the June meeting wouldn't be a bad time to get started. He pulls out this chart from a recent FRBNY report, showing stocks remain cheap - the equity premium to bonds is as high as it's been in the last 50 years. 16 Comments
Tuesday, May 14, 7:52 AM Tepper stays bullish. Confounding gnomes who whispered the hedge fund honcho was turning cautious on stocks, David Tepper tells the CNBC crew the wave of liquidity that turned him bullish in the first place is getting even bigger. Fed tapering? So what, he says. The U.S. budget deficit over the next 6 months will only be $100B, while the Fed is scheduled to buy about $500B. That's $400B coming out of the bond market and going to investors who can buy more fixed-income, more real estate, more stocks. SPY erases losses and gets back to flat premarket. 11 Comments [Breaking News]
Thursday, April 18, 1:08 PM Stocks have bounced off their worst levels, but remain lower in afternoon trade. Tech (QQQ -1%) shows particular weakness, with Apple dug in below $400 and Google off 1.8%. Verizon, however, is an area of tech sector strength, +3.7% following earnings. S&P 500 down just 0.3%. 1 Comment
Thursday, January 24, 11:08 AM The lure of equal-weight funds - which tweak popular indexes by shifting money from the highest cap stocks to smaller firms - is felt on days like today. With the QQQ -0.7%, the QQEW +0.9%, the QQQE flat. YTD, the equal-weighted tech funds are outperforming the QQQs by 360-460 bps. SPY +0.4% vs. RSP +0.7% today. 2 Comments [Quick Ideas]
Wednesday, January 23, 5:08 PM NASDAQ 100 futures -0.5% AH after Apple trades lower on mixed FQ1 numbers and light FQ2 revenue guidance. As one would expect, Apple chip suppliers are also lower. CRUS -6.5% AH. QCOM -1.1%. BRCM -1.7%. SWKS -5.1%. AVGO -1.3%. TQNT -1.4%. Comment! [Tech, On the Move]
Monday, December 17, 2012, 2:40 PM The tech sector is "trading at a discount to the market for the first time in 20 years," notes Merrill, which advises going overweight on tech stocks (along with energy and industrial names). Barclays portfolio strategist Barry Knapp also sees tech doing well in 2013. More cautious is JPMorgan's Mark Moskowitz, who forecasts 2013 IT spending growth of just 1.7% amidst weak demand for PCs (mobile cannibalization) and servers (the sales lift provided by virtualization is slowing down) (Marc Andreessen) Comment! [Tech, Quick Ideas]
Wednesday, December 12, 2012, 9:34 AM "If (tech's) a bubble, it's the weirdest bubble I've seen," says Marc Andreessen, speaking at a conference. The current situation is more like a tech depression, he argues, noting tech stocks are trading at the sort of discount to industrials that hasn't been seen since the 1970s. "The public market is trading tech like a steel mill that's about to go bankrupt ... What is going on?" 5 Comments
Tuesday, December 4, 2012, 9:01 PM In a move that was always a question of when, not if, Facebook (FB) will be added to the Nasdaq 100 prior to the market open on December 12. This sort of inclusion can sometimes provide a boost to the stock, but it's hard to believe it hasn't been priced in. Facebook will replace Infosys, which is moving to the NYSE. 5 Comments [Tech]
Tuesday, November 20, 2012, 9:46 AM Divergence in tech land: BAML's weekly check (h/t Raj Dhaliwal) of net buys of technology stocks by client shows the heaviest-ever buying by institutions against nearly the largest-ever selling by private clients. So funds were buying Apple last week as individuals were selling? 3 Comments [Tech]
Thursday, October 25, 2012, 4:35 PM Apple is halted, but stock index futures are not. Nasdaq 100 -0.8%, S&P 500 -0.5% following the earnings miss. 2 Comments [Tech]
Friday, October 19, 2012, 3:26 PM Take comfort or get worried, but the tech correction - the XLK is off about 7% since hitting an 11-year high a month ago - is catching the eye of the technicians and trend-followers. Tomi Kilgore says the index is only a hair above its 200-day moving average. Never one to miss a move, Dennis Gartman always pays attention when market leaders "suddenly lose their stripes." Comment! [Quick Ideas, Tech]
Friday, June 15, 2012, 9:35 AM Mark Hulbert's Nasdaq Newsletter Sentiment Index (HNNSI) continues to flash buy. At -35.3%, short-term market timers have 35.3% of their portfolio shorting tech shares. With the Nasdaq at similar levels in February, the HNNSI was +75%. A 110 point decline amidst a flat market testifies to the erosion in sentiment and may set the stage for a move higher. Comment! [Quick Ideas, Tech]
Wednesday, November 30, 2011, 9:05 AM Premarket gainers: AMR +46%. MT +11%. FRO +10%. BCS +10%. IRE +9%. DB +9%. GBG +9%. CX +9%. STP +9%. RBS +8%. ING +8%. PCX +8%. BSBR +8%. LYG +8%. RCL +8%. RIO +8%. CS +8%. RDN +8%. MS +8%. X +7%. BHP +7%. FCX +7%. BBD +7%. BBVA +7%. MTL +7%. BP +7%. PHM +7%. GGB +7%. JPM +7%. AEG +7%. C +7%. TS +7%. UBS +7%. AKS +7%. ANR +6%. DANG +6%.
Losers are mainly just leveraged short ETFs: EDZ -15%. TCIX -14%. SRTY -13%. TZA -13%. FAZ -11%. OVTI -11%. ERY -10%. BGZ -10%. EEV -10%. SPXU -9%. SQQQ -9%. TWM -8%. SKF -7%. VXX -7%. SDS -6%. QID -6%. DXD -5%. DTO -5%. RWM -4%. ZSL -4%. SCO -4%. DZZ -4%. BBEP -3%. SH -3%. PSQ -3%. EUO -3%. Comment! [On the Move]
Monday, November 28, 2011, 9:00 AM Premarket gainers: IRE +15%. ING +12%. AEG +11%. PEIX +11%. POZN +11%. DB +10%. MT +9%. BCS +9%. GNW +9%. MPEL +9%. YOKU +9%. ANR +8%. LYG +8%. RBS +8%. NOK +8%. UBS +7%. FRO +7%. AKS +7%. MTL +7%. STD +7%. FCX +7%. DRYS +6%. ERIC +6%. MS +6%. LNG +6%. RIO +6%. AMRN +6%. BHP +6%. PHG +6%. S +6%. HAL +6%. ALU +6%. X +6%.
Losers: no losers of note, except leveraged short ETFs: TVIX -13%. EDZ -12%. ERY -10%. SRTY -10%. TZA -10%. FAZ -10%. SPXU -8%. BGZ -8%. SQQQ -7%. ZSL -7%. VXX -7%. SCO -6%. SKF -6%. SDS -5%. QID -5%. DXD -4%. RWM -3%. SH -3%. 1 Comment [On the Move]

ant1248
$SQQQ make me some money!
Apr 19, 12:51 AM
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ltfinger
Potential Upgrades (4/4/13): $ANF, $LULU, $PLCE, $ROK, $SHOO, $SIAL, $SNI, $SQQQ, $STJ, $TAHO
Apr 5, 12:31 PM
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ltfinger
Returning Downgrades (3/28/13): $BNS, $CPT, $DGX, $GIFI, $SQQQ, $SSG
Apr 1, 9:18 AM
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oldorv
$SDOW, $SQQQ, $HDGE. Note from Hilary Kramer today: "This mrkt due for pullback---U know it and I know it..."
Mar 20, 3:12 PM
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DaLatin: Yep.. You get to mentaly masturbate as compared to drinking at a casino & picking red/black
Mar 21, 9:22 AM
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sheldond: I've just been looking at HDGE and TZA! As a short term hedge. Hmmmm seems like everyone else was looking at TZA too
Apr 1, 12:38 PM
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ltfinger
Today's Potential Upgrades (3/19/13): $AEM, $EBAY, $EZCH, $MNST, $NTES, $SQQQ, $TLT, $USG, $VXX
Mar 20, 8:44 AM
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ltfinger
SELL (ARM 3T Trend Analysis) (continued): $RMD, $SQQQ, $SWK, $UTX, $UVXY, $VXX
Mar 4, 8:21 PM
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Philip Davis
$AAPL, $BRK.B and our $SQQQ hedge -- http://bit.ly/14kJ7PW
Mar 4, 10:57 AM
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Ryan Mallory
Fuinhaz Setups for March 4 2013 $FB $INTC $YHOO $ZNGA $MLNX $SPRD $SQQQ $SSYS $XONE http://bit.ly/WDqjYQ
Mar 4, 9:14 AM
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Philip Davis
$AAPL notes and $SQQQ hedge - http://bit.ly/13acuIQ
Feb 25, 10:38 AM
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Philip Davis
3 Good Ways to Hedge Market Weakness with $NFLX, $SQQQ and $TZA -- http://bit.ly/VMgDwO
Feb 4, 1:39 PM
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LATEST REPLIES

oldorv
$SDOW, $SQQQ, $HDGE. Note from Hilary Kramer today: "This mrkt due for pullback---U know it and I know it..."
Mar 20, 3:12 PM
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DaLatin: Yep.. You get to mentaly masturbate as compared to drinking at a casino & picking red/black
Mar 21, 9:22 AM
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sheldond: I've just been looking at HDGE and TZA! As a short term hedge. Hmmmm seems like everyone else was looking at TZA too
Apr 1, 12:38 PM
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Christopher Wallace
Mkts looking very oversold. Brought in some shorts, waiting to reload on any rally next week. SPXS SQQQ FAZ ERY
11/9/12
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jvix: Oversold across the board. This will pass. Both sides today indicated a resolution to the cliff.
11/9/12
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TruffelPig: The cliff will not happen because it is not acceptable. I agree jvix.
11/9/12
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The_American
GLD SLV PTM PALL have SH Seems traders are in SQQQ DXD SDS for some profit taking : on VXX TVIX UVXY up and PSLV SIL SIVR PHYS GDX GDXJ NUGT
9/26/12
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REIT: there is no profit to take when everything collapsing
9/26/12
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mljpm
Hope it was safe to keep some SQQQ over the weekend. Looking for more bad news to come out of Europe over the weekend.
7/20/12
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Hillbilly Stock Star: Yeah they are range trading collecting "skim"
7/20/12
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Hillbilly Stock Star: LINE & ETP ......very slow adds, Long.
7/20/12
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Brandon Gibbs
Lots of breaks below uptrend on many charts, UUP moving up, short the mkt SDS SPXU SQQQ
7/12/12
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Brandon Gibbs: Actually in SDS July 14 calls at the moment, wanna move in SPXU, it reacts better for me
7/12/12
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Brandon Gibbs: Yea real, once my core holdings stop out I guess it's not haha
7/12/12
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The_American
GLD should have good entry soon with SLV to follow. TVIX is up in my most recent stock talks for DIA QQQ SPY is the SQQQ SDS SPXU DXD GLL SH
5/5/12
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The_American: Have yo seen your BS GLD and SLV and look you awake tomorrow btw SQQQ SDS SPXU are up over 20% TVIX I'll add to the list. HL was up and out
5/11/12
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jeanewight: I scraped together money to buy a small amount of SH and it was one of a very few I own that ended in the green.
6/1/12
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Hypnos7
Booked 20% gain in SQQQ.
5/21/12
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Bildar: Nice trade. I see that your system is already getting good results.
5/21/12
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Hypnos7: Thanks. Still refining the method, of course.
5/21/12
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Brandon Gibbs
Bids are in, I'm shorting any up day. SDS SQQQ
5/21/12
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Brandon Gibbs: Sorry no SQQQ as stated above, I meant DIA
5/21/12
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iadops40: FAZ is my pick with JPM spooking, then TZA as small cap has been taking it on the chin
5/21/12
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mljpm
Buying more SQQQ. I sensed more sellers coming in.
5/4/12
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vinyal: good strategy. but wait for those dip buyers. there are plenty out there.
5/4/12
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jdub2788
Jason is having a very good trading day. NEM, SQQQ, SPN. Helping everything else that's down, GDX GDXJ DE
3/30/12
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realornot: You win we all win. You have been bullish and stay that way to the end of this year.
3/30/12
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jdub2788
Looks like the dam wants to break. Uh Oh. My SQQQ is loving it.
3/29/12
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OneLongTrade: Funny how AMZN is mightily green in all this.
3/29/12
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Bret Kenwell: AMZN tipping off the top now.. if it keeps falling, I'd expect 200 to hold, short term any how.
3/29/12
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jdub2788
SQQQ headed to $7
3/27/12
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OneLongTrade: I've checked through multiple indicators, especially in the case of AAPL. All have failed thus far. 85 RSI on the weekly chart.
3/27/12
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Ricardo Espinosa: That´s why I don´t usually touch AAPL, it has no respect for anything.
3/27/12
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jdub2788
Bought SQQQ here 10.64, I just can't help myself. 500shrs against my longs.
3/26/12
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Brian Benda: Agree 100%, KK.
3/26/12
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Josh Krause: Maybe we will get a dip tomorrow that should be buyable. If not they are going to power us up 1425 by the end of the week.
3/26/12
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jdub2788
amazing. my gold, silver, DE, flying. SQQQ sold last week for 11.28 (5% loss) was a good move.
3/26/12
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bdubya13: whoo hooo..go DE
3/26/12
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jdub2788: safe bet, definitely safe bet.
3/26/12
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jdub2788
SQQQ under 11 AH. unreal. guess i should have sold on the down tape today. just amazing.
3/20/12
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Josh Krause: I think my guesstimate of 2015 is going to prove most accurate. Apple will be done with the product cycle by then so no more NASDAAPL
3/20/12
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Josh Krause: I will try to become more bullish until then. I think Bernanke, etc will be able to keep all the plates spinning until at least then.
3/20/12
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