Modest internal Nasdaq selling triggers leveraged bets

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-09-14 at 10:30:00 CDT

The Nasdaq Composite has seen over a week of declines, but none of the days have seen intense, overwhelming selling pressure. This is one of the "best" declines in terms of breadth. The lack of internal selling has emboldened ETF traders, who have moved into 3x leveraged funds like TQQQ.

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