ETFs: Comparing The Incomparables, A Second Time [ProShares UltraPro QQQ ETF] - Seeking Alpha

ETFs: Comparing The Incomparables, A Second Time [ProShares UltraPro QQQ ETF] - Seeking Alpha



This is an outstanding article by Peter Way about how to gain money through popular ETFs.  Whether we are at a stock market top or not, we will always have oversold situations after a few big days of sell-offs.  That is the time to buy momentum ETFs that formerly lead the market, like TQQQ, the Nasdaq leveraged ETF, TNA, the small cap leveraged ETF, and FAS, the financial stocks 3X ETF.  Peter maintains you can make 110% per year if you trade these stocks correctly.  You must sell when you have a profit, though, and hold the cash for the next sell-off opportunity.



Small caps and the Nasdaq 100 are still the innovators.  TSLA is another stock to buy when it pulls back near its 50-day line.  You could have a core holding of future multi-bagger stocks, but use some of your shares for trading.  If you can make 10% on trading 10 times each year, you will have made 100% on that portion of your money. Virtually every month gives us a chance to buy low, and we can sell some shares when the market gets overbought again so that we are always making money in the present time rather than waiting for a future payout.