Why I’m Buying SQQQ in a Down Market
Apr 13, 2023
In this article, I will discuss my reasons for buying the ProShares UltraPro Short QQQ (SQQQ) ETF in a down market. SQQQ is a 3x leveraged inverse ETF that tracks the Nasdaq 100 and seeks to return the exact results of the Nasdaq 100 index times negative three. I will explore the potential benefits and risks of this investment strategy and share my thoughts on why I believe it could be a smart move in today’s economic climate.