Home Forums Members Forum SQQQ,SPXS,SPXU

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  • AvatarKaruna
    Participant
    Post count: 46

    Hi Sean,

    Can you please provide your thoughts on SQQQ, SPXS and SPXU. They have gone done significantly since March stock market correction.

    Thanks,
    Karuna

    Sean HymanSean Hyman
    Keymaster
    Post count: 5577

    Correct, that’s typical circumstances for them. Those will only benefit when there are sharp sell-offs in the market. Other than that, they bleed/leak value until the next major sell-off.

    When the next massive sell-off happens, they’ll come to life. But until then, they likely won’t.

    I like UVXY better than the ones you mentioned. It doesn’t bleed quite as bad in the bad times for it (when markets are up, sideways or mildly down) but responds great in good times for it (when sell-offs are quick/large and volatility is higher).

    AvatarKaruna
    Participant
    Post count: 46

    Thanks Sean. Can the market go down in the first quarter of the year? in otherwords how much would seasonality play into stock downtrends.

    Sean HymanSean Hyman
    Keymaster
    Post count: 5577

    Calling the top of the bubble, no one can successfully do. No one can say for certain whether a decline happens in the 1st quarter or not.

    Seasonality is too fickle to make it into consideration.

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