PSQ Stock Recent News

The S&P 500 has declined massively this year. What lies ahead of the S&P 500 in 2023?

PSQ is specifically designed to profit when the Nasdaq 100 falls. Despite falling by one-third so far this year, there's a case to be made for further unwinding of the Nasdaq bubble, making PSQ worth knowing about.

Both PSQ and QID allow you to short the NASDAQ-100 or obtain gains that are the inverse of QQQ but at varying degrees. These short ETFs feed on volatility, which has become the new constant as I elaborate upon in this thesis.

The PSQ is simple, it is a negative track of the QQQ by a factor of -1x, and therefore is a stock that tracks a short position of the QQQ. The advantage of PSQ rather than a direct short is that there's limited liability, because it seeks to track the QQQ by -1x on a daily basis, cover and re-short.

We are bearish on all American bear market ETFs. Measuring the purchase levels of short ETFs replaces the old, odd lot and total short selling indicators so popular in the 1960s, 70s and 80s.

Three, new, indicators based on the amount of buying in bearish ETFs are signaling a strong, “risk on” moment. They are based on the “theory of contrary opinion,” the theory that says stock prices reach bottom when most investors are bearish and are expecting further price declines.

PSQ is meant for investors who are familiar with the risks of leverage and have the time and resources to track the markets on a daily basis. The valuations of most of the top names of the Nasdaq 100 no longer appear pricey, and the markets could be due an oversold bounce in the short term.