TQQQ Short Covered

NFTRH & Biiwii's Unique Market Perspectives • Jun 15, 2015 at 2:14 PM EDT

I am still holding SPY short as I have done through thick and thin over the last month or so. It’s unleveraged and of little concern for short-term trading.

In a post late last week it was noted that the leveraged long NDX fund TQQQ was shorted. Well, a quick profit is now booked. It’s not a good looking chart, but profit is profit.

tqqq

I am still holding SPY short as I have done through thick and thin over the last month or so. It’s unleveraged and of little concern for short-term trading. If the market fails to top for a decent correction and instead breaks higher, I’ll consider letting it go.

As for the Semiconductor companies noted in that post, they are still held.

Disclosure:

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