is there fed roulette this week?Submitted by bioknockout t3_11cuh4k in wallstreetbets
atn0716 t1_ja6ap00 wrote
Reply to comment by Hambonedome in is there fed roulette this week? by bioknockout
What is sqqq? I tried to look up and understand this fund but couldn't find anything.
Hambonedome t1_ja6c4zx wrote
3x inverse returns of the NASDAQ. It’s essentially shorting the NASDAQ but safer
atn0716 t1_ja6ch00 wrote
So buying as a stock, the more nasdaq goes down the more this will go up? Like if the market crashes, this will jump a lot?
Revolutionary_Lie539 t1_ja6inbh wrote
SQQQ will moon if the world ends.
Hambonedome t1_ja6d13k wrote
You got it!
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