The UPRO ETF provides traders with a way to amplify their investments to the gains of the S&P 500 index. This is achieved through a three-times magnified approach, meaning that for every point gain in the S&P 500, UPRO aims to deliver a corresponding threefold increase. While this can generate significant gains, it's crucial to be aware of the inhe
Exploiting the Power of Nasdaq Shorting: PSQ vs SQQQ
Navigating the volatile world of Nasdaq trading can be a tricky feat. For investors seeking to profit from potential market downturns, shorting ETFs like PSQ and SQQQ present a compelling opportunity. PSQ, the ProShares UltraPro Short QQQ ETF, offers treble the daily inverse returns of the Nasdaq 100 index, while SQQQ, the Sprott Physical Gold Mine