Trade Call: Buy the Dip on TQQQ Based on Seasonality

25 days ago

Me Through My Hopes and Feeds

"Because in July, the mean change over the last 16 years is 12%. Now, in September, maybe it was time to buy TQQQ. Even though seasonally, it made no sense. But the reason is because October has a mean change of 6.63% and you win 60% of the months out of 16 years. So if we take a dip and the market starts to dip, maybe this is a time where you start to put some of that little money to work."

The speaker highlights a seasonal pattern in TQQQ, noting that October has a mean change of 6.63% with a win ratio of 60% over 16 years. He suggests that if there is a market pullback, investors might consider buying a small portion of TQQQ to take advantage of these odds.

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