SQQQ - （ProShares UltraPro Short QQQ）

There are many variables involved when it comes to shorting tech with either QID or SQQQ. Click here to read my analysis.

Related Stocks: SQQQ , HSY , ATVI , URA , TZA ,

Bearishness among retail investors reached its highest since June after the last CPI report, Vanda Research says. Individual investors appear to be raising their allocation to money market funds and cash. The cohort is likely increase net buying of speculative assets over the next two weeks if the S&P 500 can sustain a rally. US retail investors slowed the pace of their stock purchases following another hot inflation report that inspired huge equity swings, but a sustainable bear-market rally could revive their appetite to buy, Vanda Research said Wednesday. The firm in a weekly update said bearishness among individual investors was at its highest since June. Average daily net inflows of $938 million a day over the last five trading days have been sharply lower than the year-to-date average. Daily net inflows on average tend to top more than $1 billion. It also pointed out that the ProShares UltraPro Short QQQ ETF has topped its VandaTrack leaderboard almost every day over the last few sessions.

The Good, The Bad, & The GoodBad Authored by Peter Tchir via Academy Securities, Another morning of overnight volatility and the 30-year gilt moving 50 bps (in the “right” direction this time). The markets moved at least twice overnight in response to “ intervention ” news. Gilts bounced on news from the BOE that they will buy as many long-dated bonds as needed to calm the market . There are varying degrees of Central Bank autonomy, and my understanding is the BOE has more political hoops to jump through than the Fed, for example. Maybe that is why we got QE rather than an emergency 100 bp hike? Just Monday, the market was hoping for an emergency hike, only to be disappointed. Now we are back to easier money rather than tighter money, yet it is helping. Hence the term GoodBad. Markets did not like when the White House National Economic Council Director Brian Deese said he didn’t expect another Plaza accord to globally control the dollar’s strength . There has been a lot more chatter about this as DXY (a dollar index) is 27% above its levels from the summer of 2021 (in an almost straight line) and it is 11% higher than at any point in the last 20 years!

Tchir: Braking, Breaking, Broken, Broke Authored by Peter Tchir via Academy Securities, I’m incredibly worried about the state of the economy, markets, and geopolitics ( please see Putin’s Speech SITREP ). With football season in full swing, maybe we will get a “bend but doesn’t break” type of market. Sentiment survey’s like AAII are sending some contrarian signals. That survey (which was published on Wednesday and presumably did not fully include the impact of the FOMC meeting) had bulls at a measly 17.7% and hit a yearly high of 60.9% of respondents being bearish. The CNN Fear & Greed index nudged back to extreme fear, but at a rating of 24, there is room for more fear (coincidentally, the index had the same reading this time last year before the S&P 500 rallied 10% into year-end). But enough of looking at the “bright” side of things. Let’s move on to things that are braking, breaking, or even broken (hopefully not driving us broke). Where To Start? There are so many places to start and it is difficult to pick just one .

There are many variables involved when it comes to shorting tech with either QID or SQQQ. Click here to read my analysis.

Related Stocks: SQQQ , HSY , ATVI , URA , TZA ,

Bearishness among retail investors reached its highest since June after the last CPI report, Vanda Research says. Individual investors appear to be raising their allocation to money market funds and cash. The cohort is likely increase net buying of speculative assets over the next two weeks if the S&P 500 can sustain a rally. US retail investors slowed the pace of their stock purchases following another hot inflation report that inspired huge equity swings, but a sustainable bear-market rally could revive their appetite to buy, Vanda Research said Wednesday. The firm in a weekly update said bearishness among individual investors was at its highest since June. Average daily net inflows of $938 million a day over the last five trading days have been sharply lower than the year-to-date average. Daily net inflows on average tend to top more than $1 billion. It also pointed out that the ProShares UltraPro Short QQQ ETF has topped its VandaTrack leaderboard almost every day over the last few sessions.

The Good, The Bad, & The GoodBad Authored by Peter Tchir via Academy Securities, Another morning of overnight volatility and the 30-year gilt moving 50 bps (in the “right” direction this time). The markets moved at least twice overnight in response to “ intervention ” news. Gilts bounced on news from the BOE that they will buy as many long-dated bonds as needed to calm the market . There are varying degrees of Central Bank autonomy, and my understanding is the BOE has more political hoops to jump through than the Fed, for example. Maybe that is why we got QE rather than an emergency 100 bp hike? Just Monday, the market was hoping for an emergency hike, only to be disappointed. Now we are back to easier money rather than tighter money, yet it is helping. Hence the term GoodBad. Markets did not like when the White House National Economic Council Director Brian Deese said he didn’t expect another Plaza accord to globally control the dollar’s strength . There has been a lot more chatter about this as DXY (a dollar index) is 27% above its levels from the summer of 2021 (in an almost straight line) and it is 11% higher than at any point in the last 20 years!

Tchir: Braking, Breaking, Broken, Broke Authored by Peter Tchir via Academy Securities, I’m incredibly worried about the state of the economy, markets, and geopolitics ( please see Putin’s Speech SITREP ). With football season in full swing, maybe we will get a “bend but doesn’t break” type of market. Sentiment survey’s like AAII are sending some contrarian signals. That survey (which was published on Wednesday and presumably did not fully include the impact of the FOMC meeting) had bulls at a measly 17.7% and hit a yearly high of 60.9% of respondents being bearish. The CNN Fear & Greed index nudged back to extreme fear, but at a rating of 24, there is room for more fear (coincidentally, the index had the same reading this time last year before the S&P 500 rallied 10% into year-end). But enough of looking at the “bright” side of things. Let’s move on to things that are braking, breaking, or even broken (hopefully not driving us broke). Where To Start? There are so many places to start and it is difficult to pick just one .

There are many variables involved when it comes to shorting tech with either QID or SQQQ. Click here to read my analysis.

Related Stocks: SQQQ , HSY , ATVI , URA , TZA ,

Bearishness among retail investors reached its highest since June after the last CPI report, Vanda Research says. Individual investors appear to be raising their allocation to money market funds and cash. The cohort is likely increase net buying of speculative assets over the next two weeks if the S&P 500 can sustain a rally. US retail investors slowed the pace of their stock purchases following another hot inflation report that inspired huge equity swings, but a sustainable bear-market rally could revive their appetite to buy, Vanda Research said Wednesday. The firm in a weekly update said bearishness among individual investors was at its highest since June. Average daily net inflows of $938 million a day over the last five trading days have been sharply lower than the year-to-date average. Daily net inflows on average tend to top more than $1 billion. It also pointed out that the ProShares UltraPro Short QQQ ETF has topped its VandaTrack leaderboard almost every day over the last few sessions.

The Good, The Bad, & The GoodBad Authored by Peter Tchir via Academy Securities, Another morning of overnight volatility and the 30-year gilt moving 50 bps (in the “right” direction this time). The markets moved at least twice overnight in response to “ intervention ” news. Gilts bounced on news from the BOE that they will buy as many long-dated bonds as needed to calm the market . There are varying degrees of Central Bank autonomy, and my understanding is the BOE has more political hoops to jump through than the Fed, for example. Maybe that is why we got QE rather than an emergency 100 bp hike? Just Monday, the market was hoping for an emergency hike, only to be disappointed. Now we are back to easier money rather than tighter money, yet it is helping. Hence the term GoodBad. Markets did not like when the White House National Economic Council Director Brian Deese said he didn’t expect another Plaza accord to globally control the dollar’s strength . There has been a lot more chatter about this as DXY (a dollar index) is 27% above its levels from the summer of 2021 (in an almost straight line) and it is 11% higher than at any point in the last 20 years!

Tchir: Braking, Breaking, Broken, Broke Authored by Peter Tchir via Academy Securities, I’m incredibly worried about the state of the economy, markets, and geopolitics ( please see Putin’s Speech SITREP ). With football season in full swing, maybe we will get a “bend but doesn’t break” type of market. Sentiment survey’s like AAII are sending some contrarian signals. That survey (which was published on Wednesday and presumably did not fully include the impact of the FOMC meeting) had bulls at a measly 17.7% and hit a yearly high of 60.9% of respondents being bearish. The CNN Fear & Greed index nudged back to extreme fear, but at a rating of 24, there is room for more fear (coincidentally, the index had the same reading this time last year before the S&P 500 rallied 10% into year-end). But enough of looking at the “bright” side of things. Let’s move on to things that are braking, breaking, or even broken (hopefully not driving us broke). Where To Start? There are so many places to start and it is difficult to pick just one .