TQQQ beats holding ten separate tech stocks, offering the same Nasdaq-100 exposure with 3x leverage in a single position, while QQQ already beats most hand-picked tech portfolios. x.com 

The top US companies will keep their global dominance, making 2026 a year to revalue a leveraged bet on the Nasdaq-100. This is a long-term, high-conviction bet on the United States, not a trade. x.com 

Leveraged ETFs such as TQQQ lose much of their promised return to decay. QQQ is up 18% this year, so a 3x product should be up 54%, but TQQQ is up only 42%; the missing 12% is decay. A 3x perpetual future captures the full 54% instead and lets traders set leverage as they want. x.com 

Shorting the Nasdaq-100 looks unwise here. The McClellan Oscillator is at levels not seen since the tariff lows, yet with oil and yields surging the index sits inches from all-time highs. Good news on top of PCE, such as from Micron or the jobs report, could push it higher. x.com 

QQQ's remaining earnings, macro and election hurdles set up one more dip to punish late chasers. The index looks good and is pricing in some good news today, but Amazon, Intel and SanDisk earnings plus PCE and GDP arrive tomorrow, followed by AMD earnings and elections Tuesday. Expect one more, probably modest, dip Wednesday or Thursday next week before November's upward seasonality takes effect. x.com 

3x leveraged ETFs like the ProShares UltraPro QQQ and Direxion Semiconductor Bull 3x are not foolproof long-term holdings and would suffer badly in a dot-com or GFC-style decline. They target 3x daily returns, and the daily leverage reset compounds losses in volatile periods. The Nasdaq one launched in 2010 at the start of a ZIRP bull market; backtested to the late 1990s it would still be underwater. A 2x software ETF holding Adobe, Microsoft and Salesforce was discontinued this April. x.com 

Leveraged semiconductor and Nasdaq 100 ETFs should beat a 3x position in the average individual name because market correlations are falling and dispersion is rising. Low correlation among basket members reduces the volatility drag that hurts levered ETFs, as seen when CPU stocks pumped while memory dumped. x.com 

The Nasdaq 100's options structure remains bullish, with QQQ in positive gamma and gamma extending up toward 760. The 740-750 zone, traded repeatedly for months, is where positions are being digested, so a breakout may take time; as long as 740 holds, this is high-level consolidation. Volatility sellers dominate, keeping the VIX pinned near 15, and if spikes toward 16-20 keep getting sold, the backdrop for risk assets is unchanged; the VIX could reach 13 in October. x.com 

The Nasdaq 100 looks ready for a gap down, leaving trimming with trailing stops or sitting on the sidelines as the only way to survive. x.com 

The Nasdaq-100 can fund a comfortable retirement: $1 million compounding at 15% a year, with $80,000 withdrawn annually, would leave over $2.5 million after 10 years. US markets now have more liquidity, global adoption and world-leading companies, so a long sideways stretch looks less likely than in the past, and monthly withdrawals let the rest keep compounding. A collapse of these global companies would only happen in a catastrophe like nuclear war. Past returns don't guarantee future ones. … Show more