🌟🌟🌟My Favourite Stock is $NVIDIA(NVDA)$ and by using a leveraged or inverse ETF it is possible to gain short term, depending on which direction the stock is tracking. I like that the proposed CSOP Leveraged or Inverse ETF do not have withholding tax of 30% like in the US based leveraged or inverse ETF.
🌟🌟🌟I believe that CSOP is doing a great job in introducing leveraged and inverse ETFs in Hong Kong. It is an excellent idea especially for people who are not into options trading. Leveraged and Inverse ETFs capped the losses as compared to Options Trading when an inexperienced trader can lose more money.
Leveraged ETFs can be powerful tools for experienced investors looking to amplify returns over short periods. My top pick depends on the market sector and timing, but I tend to favor leveraged ETFs focused on technology or energy, as they often offer high volatility and potential for growth. For example, TQQQ, which tracks the NASDAQ-100, can be an excellent choice during bullish tech trends. However, these ETFs come with high risk and are not suited for long-term holding due to compounding effects and volatility decay. It’s crucial to have a clear exit strategy and closely monitor market movements when trading leveraged ETFs.
I have tried TQQQ & SQQQ before it didn't really work well for me . Hence, play Stocks only which brings back the confidence that I needed 💪. Hence, will stay in this path first and maybe 🤔 Future will get some ETF in my portfolio
When considering which stocks may serve as safer havens for future growth and investment strategies, it's essential to focus on companies with strong fundamentals, stable earnings, and a history of resilience during market volatility.
React to Market Volatility: Time for inverse leveraged ETFs - TMV, TSLS, SOXS
💰 Tech giants face a market pullback as the 10-year U.S. Treasury yield rises sharply.📈 Leverage the inverse ETFs: TMV, TSLS, and SOXS, to tackle the tumbling market.📣 Stay tuned and supercharge purchasing power with CashBoost!| Market recapYesterday, U.S. markets were closed. On Wednesday, January 8th, the S&P 500 $.SPX(.SPX)$ closed higher after a volatile session, while the Nasdaq $.IXIC(.IXIC)$ ended slightly lower. Notable movers included $Meta Platforms, Inc.(META)$ , which fell 1.16%, and