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Leveraged -3X NASDAQ ETF | Incredibly Overbought! | ($QQQ/SQQQ)

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First published at 16:17 UTC on June 15th, 2023.

#investing
#etf
#stocks

Diamond Arm

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Welcome back to Diamond Arm, where we equip investors with the knowledge they need. Today, we're turning the spotlight on the ProShares UltraPro Short QQQ ETF ($SQQQ), an inverse ETF that can play a strategic role during market downturns. We'll break down how it seeks to achieve triple the inverse daily performance of the NASDAQ-100 Index, when to consider incorporating it in your portfolio, and the inherent risks and rewards involved. Don't forget to subscribe and join us in this journey of understanding the intriguing world of inverse ETFs.

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