Is TQQQ a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

526 people get TQQQ articles and Market Currents by email alert.

Get email alerts on TQQQ »

HEADLINES:

Best And Worst ETFs And Mutual Funds: Large-Cap Growth Style
David Trainer • Wed, May 15 • 5 Comments
Don't Be Victimized By The Semantics Of LETFs
Alpay Kaya • Wed, Apr 3 • 2 Comments
How To Avoid The Worst Style ETFs
David Trainer • Wed, Mar 27 • 1 Comment
Not Necessarily A Better Way To Invest In Technology
Paulo Santos • Sat, Feb 2 • 229 Comments
A Better Way To Invest In Technology
Macro Investor • Fri, Feb 1 • 72 Comments
The Best Way To Invest In Technology
Macro Investor • Fri, Jan 18 • 200 Comments
Profitable Pursuit Of Political Procrastination
Peter F. Way • Wed, Jan 9 • 11 Comments
Tantalizing Forecasts Of 5 ETFs, A Political Treat For Behavioral Analysis
Peter F. Way • Mon, Dec 31, 2012 • 15 Comments
Potential Loss Of Diversity (And Higher Risk) In Index Funds, Especially When Leveraged
Macro Investor • Tue, Dec 18, 2012 • 3 Comments
Can Market-Makers Help Us Time The Market? You Better Believe It
Peter F. Way • Sun, Nov 11, 2012 • 25 Comments
Big Price Gains In Leveraged ETFs, Revealed By Intelligent Behavioral Analysis
Peter F. Way • Thu, Nov 1, 2012 • 1 Comment
Nasdaq Losing 2012 Lead Fast
Bespoke Investment Group • Mon, Oct 22, 2012 • 2 Comments
Levitating Markets And Red Flags Over ETFs?
George Simone • Mon, Aug 27, 2012 • 3 Comments
Markets: Building A Base
George Simone • Mon, Jul 2, 2012 • 13 Comments
Wednesday: Rumors Of QE Gather Steam
Philip Davis • Wed, Jun 6, 2012 • 8 Comments
Monday: 'Markets In Turmoil,' Must Be Time To Buy!
Philip Davis • Mon, Jun 4, 2012 • 29 Comments
Is The Market In Trouble?
George Simone • Tue, May 22, 2012 • 9 Comments
Facebook Friday: Finally Something To Get Excited About?
Philip Davis • Fri, May 18, 2012 • 25 Comments
Best And Worst ETFs And Mutual Funds: Large-Cap Growth
David Trainer • Mon, May 7, 2012
ETF Midweek Peek: Wait For QE In June?
David Fry • Wed, May 2, 2012 • 2 Comments

To learn more about Seeking Alpha Pro, click here.

Not Necessarily A Better Way To Invest In Technology
Paulo Santos • Sat, Feb 2 • 229 Comments
A Better Way To Invest In Technology
Macro Investor • Fri, Feb 1 • 72 Comments
The Best Way To Invest In Technology
Macro Investor • Fri, Jan 18 • 200 Comments
Tantalizing Forecasts Of 5 ETFs, A Political Treat For Behavioral Analysis
Peter F. Way • Mon, Dec 31, 2012 • 15 Comments
Big Price Gains In Leveraged ETFs, Revealed By Intelligent Behavioral Analysis
Peter F. Way • Thu, Nov 1, 2012 • 1 Comment
Look Out Direxion: ProShares Launches Line of 3X Leverage and Inverse ETFs
Invest With An Edge • Fri, Feb 12, 2010 • 9 Comments

Best And Worst ETFs And Mutual Funds: Large-Cap Growth Style
David Trainer • Wed, May 15 • 5 Comments
Don't Be Victimized By The Semantics Of LETFs
Alpay Kaya • Wed, Apr 3 • 2 Comments
How To Avoid The Worst Style ETFs
David Trainer • Wed, Mar 27 • 1 Comment
Profitable Pursuit Of Political Procrastination
Peter F. Way • Wed, Jan 9 • 11 Comments
Potential Loss Of Diversity (And Higher Risk) In Index Funds, Especially When Leveraged
Macro Investor • Tue, Dec 18, 2012 • 3 Comments
Can Market-Makers Help Us Time The Market? You Better Believe It
Peter F. Way • Sun, Nov 11, 2012 • 25 Comments
Nasdaq Losing 2012 Lead Fast
Bespoke Investment Group • Mon, Oct 22, 2012 • 2 Comments
Levitating Markets And Red Flags Over ETFs?
George Simone • Mon, Aug 27, 2012 • 3 Comments
Markets: Building A Base
George Simone • Mon, Jul 2, 2012 • 13 Comments
Wednesday: Rumors Of QE Gather Steam
Philip Davis • Wed, Jun 6, 2012 • 8 Comments
Monday: 'Markets In Turmoil,' Must Be Time To Buy!
Philip Davis • Mon, Jun 4, 2012 • 29 Comments
Is The Market In Trouble?
George Simone • Tue, May 22, 2012 • 9 Comments
Facebook Friday: Finally Something To Get Excited About?
Philip Davis • Fri, May 18, 2012 • 25 Comments
Best And Worst ETFs And Mutual Funds: Large-Cap Growth
David Trainer • Mon, May 7, 2012
ETF Midweek Peek: Wait For QE In June?
David Fry • Wed, May 2, 2012 • 2 Comments
Will We Hold It Wednesday: Now It's May
Philip Davis • Wed, May 2, 2012 • 1 Comment
Whipsaw Wednesday: Apple Today Keeps The Fed At Bay
Philip Davis • Wed, Apr 25, 2012 • 12 Comments
Tempting Tuesday: Bouncing As Usual
Philip Davis • Tue, Apr 24, 2012 • 1 Comment
Momentum Trades, Part X: 'Hot Hands' ETFs Gassed In March
Fredrik Arnold • Mon, Apr 9, 2012
Momentum Trades Part IX: Hot Hands ETFs Take Profits In February
Fredrik Arnold • Wed, Mar 14, 2012

There are no Transcripts on TQQQ.

There are no News articles on TQQQ.

TQQQ vs. ETF Alternatives

TQQQ Description

ProShares UltraPro QQQ seeks daily investment results, before fees and expenses, that correspond to triple (300%) 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

All
| 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]
Tuesday, July 20, 2010, 9:53 AM PowerShares QQQ (QQQQ) - the eighth largest U.S.-listed ETF by market cap, with more than $17B in assets - has almost a fifth of its portfolio weighting in Apple (AAPL), which reports earnings following the closing bell. If AAPL has a big reaction to its report, expect the QQQQ to follow suit. Comment!

ltfinger
Potential Downgrades (4/4/13): $TD, $TDW, $THO, $THRX, $TPX, $TQQQ, $TYL, $UPRO, $WAC, $WAG, $WYN, $XONE
Apr 5, 12:47 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
Returning Upgrades (3/28/13): $MORN, $NBL, $NE, $NOW, $NPO, $NSC, $OTEX, $QLD, $REGN, $RHP, $RUE, $SLH, $SPY, $TDY, $THOR, $THRX, $TQQQ
Apr 1, 9:11 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
Today's Potential Downgrades (3/18/13): , $QLD, $RDC, $ROC, $ROSE, $SBUX, $SFLY, $SJM, $SPY, $TQQQ, $TRMB, $TYL, $URBN, $UTHR
Mar 19, 7:43 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
New Upgrades (3/5/13): $TQQQ, $UYG, $VECO, $VIAB, $VLO, $VNO, $XOM
Mar 5, 11:53 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Jayson Derrick
$TQQQ $AAPL driving it up!!!
Feb 7, 3:52 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Macro Investor
It is very encouraging to see that $TQQQ is up while $AAPL is down
Jan 25, 3:10 PM
Reply (2)

• !Report Abuse
View all 2 replies
Ashraf Eassa: $AAPL "hype" is over. Money is flowing into $NFLX, $GMCR, etc.
Jan 25, 3:11 PM
• !Report Abuse
Macro Investor: Which is precisely why people should buy the $TQQQ rather than gamble with individual stocks and try to time the market
Jan 25, 3:16 PM
• !Report Abuse
Add a reply...

140 characters

Macro Investor
Feels good to be out of $TQQQ, now $AAPL can crash without me.
Jan 22, 10:30 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Macro Investor
Why do I even bother investing? I should put 25% in $TQQQ, 25% in $UPRO, 25% in $XPP, and 25% in cash, and be done with it.
12/18/12
Reply (2)

• !Report Abuse
View all 2 replies
jason2788: Assuming youre short?
12/18/12
• !Report Abuse
Macro Investor: long
12/18/12
• !Report Abuse
Add a reply...

140 characters

Macro Investor
Amazing that $TQQQ is up in a day when as I expected $AAPL is down. Not complaining though
12/17/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Macro Investor
Getting ready for another bloodbath in $TQQQ via $AAPL on Monday. Sigh. :-(
12/16/12
Reply (22)

• !Report Abuse
View all 22 replies
gwinsto: I HIGHLY doubt AAPL is eating it (certainly not the iphone5). Makes no sense...
12/16/12
• !Report Abuse
Macro Investor: I certainly hope not as I am long $TQQQ with huge $AAPL exposure. I have no idea why the discounting. Makes absolutely no sense.
12/16/12
• !Report Abuse
Add a reply...

140 characters

LATEST REPLIES

Macro Investor
It is very encouraging to see that $TQQQ is up while $AAPL is down
Jan 25, 3:10 PM
Reply (2)

• !Report Abuse
View all 2 replies
Ashraf Eassa: $AAPL "hype" is over. Money is flowing into $NFLX, $GMCR, etc.
Jan 25, 3:11 PM
• !Report Abuse
Macro Investor: Which is precisely why people should buy the $TQQQ rather than gamble with individual stocks and try to time the market
Jan 25, 3:16 PM
• !Report Abuse
Add a reply...

140 characters

Macro Investor
Why do I even bother investing? I should put 25% in $TQQQ, 25% in $UPRO, 25% in $XPP, and 25% in cash, and be done with it.
12/18/12
Reply (2)

• !Report Abuse
View all 2 replies
jason2788: Assuming youre short?
12/18/12
• !Report Abuse
Macro Investor: long
12/18/12
• !Report Abuse
Add a reply...

140 characters

Macro Investor
Getting ready for another bloodbath in $TQQQ via $AAPL on Monday. Sigh. :-(
12/16/12
Reply (22)

• !Report Abuse
View all 22 replies
gwinsto: I HIGHLY doubt AAPL is eating it (certainly not the iphone5). Makes no sense...
12/16/12
• !Report Abuse
Macro Investor: I certainly hope not as I am long $TQQQ with huge $AAPL exposure. I have no idea why the discounting. Makes absolutely no sense.
12/16/12
• !Report Abuse
Add a reply...

140 characters

The_American
MUX GLD SLV PLTM PALL look like some entry points. Up in HL Keep : on TVIX UVXY PHYS PTM Watch PAL some bad news on IAU mine Kitco. DIA TQQQ
5/12/12
Reply (1)

• !Report Abuse
View all 1 replies
chuckholladay: What bad news on PAL? long PAL
5/12/12
• !Report Abuse
Add a reply...

140 characters

Rubenov
NASDAQ red, TQQQ up 1% :)
1/4/12
Reply (4)

• !Report Abuse
View all 4 replies
cheme: You need to look at NASDAQ-100 vs NASDAQ. QQQs are N100.
1/4/12
• !Report Abuse
R2k: thanks for that 14 & cheme. See that now.
1/4/12
• !Report Abuse
Add a reply...

140 characters

JCH57
Ok - so Nasdaq closed up 12.25, but QQQ, QLD, and TQQQ are all negative today. I am in QQQ and TQQQ. I wuz robbed.
10/26/11
Reply (7)

• !Report Abuse
View all 7 replies
realornot: PhD like Heli BEN !
10/26/11
• !Report Abuse
AdamFranklin: QQQ tracks Nasdaq 100 not the broader Nasdaq index.
10/26/11
• !Report Abuse
Add a reply...

140 characters

JCH57
Sure wish the NASDAQ would catch up with the Dow. QQQ etf is down even though the index is up. I am long TQQQ.
10/26/11
Reply (4)

• !Report Abuse
View all 4 replies
golfitobob: JCh to many techs with bad #s ! NFLYs an AMZNs an abunch more. Tomorrows GDP an POP.. China NEWS A/O/K an euro leaks too. BOOM
10/26/11
• !Report Abuse
miscon2: ya JCH, im with bob here... i wanna close an AAPL position but not gonna do so until GDP report after-effect
10/26/11
• !Report Abuse
Add a reply...

140 characters

emburns
Dump TQQQ before the weekend?
10/14/11
Reply (12)

• !Report Abuse
View all 12 replies
Native Texan: ...and you're a Democrat, Truffle, so that makes you 99% wrong. ;-)
10/14/11
• !Report Abuse
TruffelPig: Actually, I am not - I do not vote in the US
10/14/11
• !Report Abuse
Add a reply...

140 characters

TQQQ ProShares UltraPro QQQ ETF

TQQQ

ProShares UltraPro QQQ ETF