Based on my backtests, adding some VIX exposure has produced better risk-adjusted and absolute returns than adding puts. However, VIX exposure...
TQQQ is still in a drawdown if you invested during the tech bubble. The bottom line is that short SQQQ or long TQQQ requires some sort of market...
A big difference is that interest rates are much lower now. During the 2000 and 2008 crashes, the Fed funds rate was about 5% and didn't start...
Shorting SQQQ is my most profitable strategy.
You'd want to do the opposite. You would actually get pretty good returns shorting TQQQ and going long QQQ. You'd even get a negative beta,...
Yes, the simulation is accurate. The reason TQQQ is so low is because of the daily compounding of 3x returns. During the tech bubble burst, the...
I simulated the price of TQQQ starting from 1999. [IMG] [IMG] To the veterans here, what was the tech bubble like? It looks so "obvious" in...
TQQQ is still in an 80% drawdown from its tech bubble peak, even though the Nasdaq is up 270%. That said, if you had bought it any time other...
My approach right now is to sell SQQQ calls and buy VIX or VXX calls with the premium. VXX trades at 1.5x the IV and VIX trades at twice the IV....
Not a fan. Mechanically selling covered calls is going to result in worse returns than simple buy and hold. Often, the returns are drastically...
Shorting volatility ETFs is a bad idea, especially if you aren't using any sort of market timing. It might be ok to short them if you've developed...
Sell calls and buy puts. You can also buy put spreads instead of calls. Or, you can sell your covered calls at a higher delta and keep rolling...
SPY is greate. Tried and true. QQQ is probably a bit better. Leveraged ETFs get hit hard during long bear markets, like in 2018. I am not sure...
The Fed prints money to buy bonds but does not print money to pay the interest. That has to come through taxation. The Fed supposedly returns most...
The Fed should have increased rates more gradually. 0.25% a year would have been fine. In fact, without Trump's interference, the Fed might have...
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