Leveraging An End Of The Year Market Turnaround With TQQQ

Summary

  • TQQQ offers a leveraged investment in the potential resurgence of the NASDAQ and we believe could easily deliver over 100% returns in the next year.
  • Leveraged ETFs are risky and therefore should not be a large percent of one's portfolio as 60-80% downside risk is still present going forward.
  • Averaging down in TQQQ into the holiday season as Fed rate hikes begin to level off is our favorite way to play a market turnaround into 2023.

Black Angus Bull Head & Face Closeup Black & White

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ProShares TQQQ Offers Tremendous Upside Over The Short to Medium Term

The NASDAQ has fallen over 34% year to date (Figure 1), and has shown no signs of slowing down, being the worst performer out of the main indices. Many analysts such as

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This article was written by

Great Plains Investment Research strives to deliver the highest quality information and opinions available on stocks within the tech, energy, consumer staples, and industrial industries. We provide coverage on industry leaders & exemplary businesses as well as a speculative picks and general investment thesis from time to time. Our research model is based around finding value in stocks within growing markets & businesses.

Disclosure: I/we have a beneficial long position in the shares of TQQQ, QQQ 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.

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