Short term speculative trade - use 1-2% of your capital ONLYStrictly, avoid using money that you cannot afford to lose. Common sense may not be commonly practised in today's topsy turvy world where even the President can say one thing and flip flop another the next day.
No matter how convincing you are to LONG or SHORT the market, always have a back up pla
Key stats
About PROSHARES TRUST PSHS ULTRA QQQ
Home page
Inception date
Jun 19, 2006
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
QLD is a leveraged product and not a buy-and-hold ETF. The fund should only be used as a short-term tactical instrument. Like many leveraged funds, it delivers 2x exposure only over a one-day holding period. QLD should not be expected to provide index leverage returns greater than a one-day period. Over longer periods, returns can vary significantly from 2x the NASDAQ-100, a quirky but popular index dominated by technology stocks. As such, QLD’s fate is closely tied to the technology market and, consequently, it’s a poor proxy for the broader US large-cap market. The underlying index is rebalanced quarterly and reconstituted semi-annually.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Government
Stock breakdown by region
Top 10 holdings
QLD Entry, Volume, Target, StopEntry: with price above 70.74
Volume: with volume greater than 4.92M
Target: 83.41 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 70.41, 58.90 gets you 2/1 Reward to Risk Ratio.
A Simple Method Of Evaluating Trade Setups For Everyone - IIIMore examples of trade setups and how I use my custom algos to help identify stronger trade opportunities from other symbols.
In this example, near the end of this video, I review the QLD chart (Daily) which provides a very clear example of major trend vs. intermediate trend. It is very important t
QLD - QQQ - NASDAQ LONGThe asset is apparently forming a symmetrical triangle, and perhaps it is forming a shark pattern. This corresponds to the "January rally" (a seasonal trend) and the elevation of the projection in the shark pattern corresponds to 1.6 fibo. So it is very likely to be long in the next few weeks. Too g
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QLD trades at 2,048.000 MXN today, its price has risen 0.94% in the past 24 hours. Track more dynamics on QLD price chart.
QLD net asset value is 2,034.18 today — it's risen 18.50% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
QLD assets under management is 150.27 B MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
QLD price has risen by 20.65% over the last month, and its yearly performance shows a 32.13% increase. See more dynamics on QLD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 18.50% over the last month, showed a −2.91% decrease in three-month performance and has increased by 32.96% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 18.50% over the last month, showed a −2.91% decrease in three-month performance and has increased by 32.96% in a year.
QLD fund flows account for 198.08 M MXN (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QLD invests in stocks. See more details in our Analysis section.
QLD expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, QLD is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, QLD technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QLD shows the strong buy signal. See more of QLD technicals for a more comprehensive analysis.
Today, QLD technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QLD shows the strong buy signal. See more of QLD technicals for a more comprehensive analysis.
Yes, QLD pays dividends to its holders with the dividend yield of 0.23%.
QLD trades at a premium (0.25%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
QLD shares are issued by ProShare Advisors LLC
QLD follows the NASDAQ 100 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 19, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.