TQQQ: Now Is A Bad Time To Own This Fund (NASDAQ:TQQQ)

The ProShares UltraPro QQQ ETF ( TQQQ ) is one of the world’s most popular leveraged index funds. Much like the Invesco QQQ Trust ( QQQ ), TQQQ is built on the NASDAQ-100 index. Unlike QQQ, TQQQ uses heavy amounts ofAnalyst’s Disclosure:I/we have a beneficial long position in the shares of GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no busines ...