Ticker

Current NDX forward valuations are near 10- and 30-year averages, removing the overvaluation thesis for aggressive short bets. Market behavior suggests geopolitical shocks are already partially priced in, reducing the likelihood of sudden, sustained NDX declines. Leveraged inverse ETFs like SQQQ remain tactical tools, but absent a clear negative catalyst, holding them now is not justified, in my opinion.

Shares of ProShares UltraPro Short QQQ (NASDAQ: SQQQ - Get Free Report) gapped up prior to trading on Thursday. The stock had previously closed at $77.45, but opened at $81.70. ProShares UltraPro Short QQQ shares last traded at $80.6250, with a volume of 14,100,665 shares changing hands. ProShares UltraPro Short QQQ Price Performance The firm's

CreativeOne Wealth LLC acquired a new stake in shares of ProShares UltraPro Short QQQ (NASDAQ: SQQQ) during the undefined quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 54,537 shares of the company's stock, valued at approximately $831,000. A number of other institutional investors and hedge

Citigroup Inc. boosted its holdings in shares of ProShares UltraPro Short QQQ (NASDAQ: SQQQ) by 17.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 714,260 shares of the company's stock after purchasing an additional 106,243 shares during the quarter. Citigroup Inc.

SQQQ exists to profit when the Nasdaq-100 falls. It's a 3x inverse leveraged ETF, meaning if the Nasdaq drops 1% in a day, ProShares UltraPro Short QQQ ( NASDAQ:SQQQ ) aims to rise roughly 3%.