Be careful with TQQQ because it is 3x leverage.. it is NOT for long term hold.

All it takes is just couple of months of bear market, this could turn into a nightmare and may be every difficult to recover
eventhough underlying ETF (Nasdaq) has recovered.

DO NOT use leveraged ETF for long-term holdings. They are used for short-term bets.

The reason TQQQ looks healthier than a lot of readings is that when it's a bull market, the upside is a lot more pronounced. But during a downturn, it can wipe out years of returns.



100 USD grows 100% will give you 200 USD. The same 100 USD grows 300% will yield 400 USD.

Now 200 USD goes down 50% will yield 100 USD. 400 USD goes down 150% means you get nothing back (they use options to magnify the bets usually, so the most you can lost is the premium paid on purchasing the options).

Volatility works in both ways, it magnifies what goes up AND what goes down. It's the later part that most people miss (especially in a bull market).

Finally break 130 and stay. 

NVDA been bullish since beginning oct. And seems been pushing to 130. Call option pilling high at 130 since 2 weeks ago.

Those stupid noise seems die down. The Blackwell delivery news getting more and more. Rotating sector invest. Cycle repeat.

The tech is only 2yrs young. The big player is just beginning to build infrastructure here and there. And they are investing in carzy billions over billion. Do you think they want it to fail?
The AI ETF not bad too.

Who still holding SMCI? 🙀