ronstik/iStock via Getty Images
I wrote my previous article on TQQQ (NASDAQ:TQQQ) when it was close to all-time highs. I mentioned that I'm planning to buy a small piece of TQQQ in 2022 and was waiting for a significant
TQQQ: Patience Is A Virtue
Summary
- The last week has been a wild one, filled with earnings reports and wild swings for several of TQQQ's largest holdings.
- Facebook and Amazon both had double-digit moves in a single day.
- Google announces a 20:1 split.
- Investors with TQQQ on their watchlist should be patient and wait until they see blood in the streets.
You can find me on Substack at Kontrarian Korner: CPA and former Big 4 auditor. I break down investments in qualitative and quantitative terms, and I look for investments that will compound my money over the long term.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMZN 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.