Massimo Giachetti/iStock Editorial via Getty Images
Investment thesis
My latest coverage on the ProShares UltraPro QQQ ETF (NASDAQ:TQQQ) was published back on July 2, 2021. The article described in detail how I use TQQQ to apply leverage to our
TQQQ: Volatility Spike And Updated Leverage Assessment
Summary
- My latest coverage on the ProShares UltraPro QQQ ETF (TQQQ) was published back in July 2021. This article provides an updated analysis given its large gain since then and the recent volatility spike.
- The main idea is to dynamically allocate TQQQ and apply leverage in a disciplined way to create consistent alpha. Such a dynamic and disciplined approach have rewarded us well in the past.
- And it becomes even more important for investors to stay disciplined, especially with the use of leveraged funds like TQQQ, under uncertain times like this.
Envision Research, aka Lucas Ma, has over 20+ years of investment experience and holds a Masters with in Quantitative Investment and a PhD in Mechanical Engineering with a focus on renewable energy, both from Stanford University. He also has 30+ years of hands-on experience in high-tech R&D and consulting, housing sector, credit sector, and actual portfolio management.
He leads the investing group Envision Early Retirement along with Sensor Unlimited where they offer proven solutions to generate both high income and high growth with isolated risks through dynamic asset allocation. Features include: two model portfolios - one for short-term survival/withdrawal and one for aggressive long-term growth, direct access via chat to discuss ideas, monthly updates on all holdings, tax discussions, and ticker critiques by request.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of TQQQ, VTI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.