22-Nov-2024
No press releases found.
J.P. Morgan forecasts modest growth in 2025 and foresees limited downside risks
Seeking Alpha News (Wed, 20-Nov 11:53 AM ET)
TQQQ Bearish Calendar Put Spread with 247% Upside
Market Chameleon (Wed, 20-Nov 9:58 AM ET)
Ray Dalio’s Bridgewater Associates teams up with State Street to launch a new ETF
Seeking Alpha News (Tue, 19-Nov 2:33 PM ET)
TQQQ Credit Put Spread Appears to be Overvalued at $1.21
Market Chameleon (Tue, 19-Nov 9:58 AM ET)
TQQQ Iron Condor Spread Can Make 51% in Next 5 Days
Market Chameleon (Fri, 15-Nov 10:00 AM ET)
ProShares UltraPro QQQ seeks daily investment results before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index .
ProShares Ultrapro QQQ trades on the NASDAQ stock market under the symbol TQQQ.
As of November 22, 2024, TQQQ stock price climbed to $78.25 with 36,528,305 million shares trading.
TQQQ has a beta of 4.24, meaning it tends to be more sensitive to market movements. TQQQ has a correlation of 0.90 to the broad based SPY ETF.
TQQQ has a market cap of $24.99 billion. This is considered a Large Cap stock.
In the last 3 years, TQQQ traded as high as $87.49 and as low as $16.10.
TQQQ has outperformed the market in the last year with a return of +78.4%, while the SPY ETF gained +32.4%. In the last 3 month period, TQQQ beat the market returning +14.8%, while SPY returned +7.4%. However, in the most recent 2 weeks TQQQ has underperformed the stock market by returning -5.4%, while SPY returned -0.4%.
TQQQ support price is $75.48 and resistance is $80.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TQQQ shares will trade within this expected range on the day.