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atn0716 t1_ja6ap00 wrote

What is sqqq? I tried to look up and understand this fund but couldn't find anything.

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Hambonedome t1_ja6c4zx wrote

3x inverse returns of the NASDAQ. It’s essentially shorting the NASDAQ but safer

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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?

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