Today’s drop in the Nasdaq is due to big money rolling out of tech in order to buy Bank and Health Insurer stock which benefit the most from both the tax plan and the incoming Fed Chairman’s plan to ease bank regulations even further. These rollovers are quite often short-lived so we are buying TQQQ (long nasdaq 3x etf) at $135.10. Bought TQQQ $135.10, 15% size Target $141.30 Stop $131.70
To access this post, you must purchase The Full-Timer or Wanderer Financial Two-Year Membership. If you have already purchased a subscription, please log in to view the content (login link in menu and footer). log in