Buy SQQQ On Economic Data- the QQQ Inverse ETF - Here is Why!
Автор: Economic Indicators & Stock Market Analysis
Загружено: 13 янв. 2025 г.
Просмотров: 1 763 просмотра
Buy SQQQ ETF on upcoming economic data - The QQQ inverse ETF. Continuously, the stock market will erode as the economy expands beyond levels that would get the inflation number to the Federal Reserve's target rate of 2.000%. This week, we have both PPI & CPI data. These data points are showing that inflation is not moving downward. And, last week's non-farm payrolls shows that there are going to be more and more economic data points that are robust, proving that the rate of interest rates is too high given the target inflation rate and current economic growth. SQQQ is the QQQ inverse ETF. When QQQ ETF goes down, SQQQ goes up. So, if the stock market continues to sell off, this is an easy way to get involved in selling the stock market by purchasing the inverse ETF.
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