New Trade for April 20th, 2022

Stocks were flat this morning as investors processed pivotal corporate earnings reports from major companies.  Tech shares were weighed down by Netflix (NFLX), which bled 26% in premarket trading after the company reported a loss of 200,000 subscribers in the first quarter. Tesla (TSLA) and United Airlines (UAL) are slated to report after the bell today. 

As the impact of severe influencing factors on tech reveal themselves through first-quarter reports, bearish investors may want to go near-term short on the Nasdaq- 100 Index.  Today we’ll highlight the method that many of the pros on Wall Street use for doing just that.  However, you don’t need to be a professional to employ this tactic. 

Brownstone Research:

The Truth Behind the Global Chip Shortage- do not use.

GM and Toyota factories are shutting down… Mass shortages of electronics… Medical device production nearly halted… But what you probably don’t yet realize–what few so far have figured out… Is what’s really causing it. [Full Story Here…]

The ProShares Short QQQ (PSQ) fund offers inverse exposure to an index comprised of the 100 largest nonfinancial securities on the NASDAQ, making it a potentially attractive option for investors looking to bet against this sector of the U.S. economy.  

It’s important to note that PSQ is designed to deliver inverse results over a single trading session, with exposure resetting every month.  Investors considering this ETF should understand how that nuance impacts the risk/return profile and realize the potential for “return erosion” in volatile markets.  PSQ should definitely not be found in a long-term, buy-and-hold portfolio but may be a useful tool for more active investors looking to either hedge existing exposure or bet on a decline in the top nonfinancial NASDAQ securities.

ProShares Short QQQ (PSQ) Data Summary

  • Net Assets   478.22M
  • Expense Ratio  0.95%
  • Average Daily Volume $60.72M

Should you invest in PSQ right now?

Before you consider buying PSQ, you'll want to see this.

Investing legend, Keith Kohl just revealed his #1 stock for 2022...

And it's not PSQ.

Jeff Bezos, Peter Thiel, and the Rockefellers are betting a colossal nine figures on this tiny company that trades publicly for $5.

Keith say’s he thinks investors will be able to turn a small $50 stake into $150,000.

Find that to be extraordinary?

Click here to watch his presentation, and decide for yourself...

But you have to act now, because a catalyst coming in a few weeks is set to take this company mainstream... And by then, it could be too late.

Click here to find out the name and ticker of Keith's #1 pick...

Legacy Research:

Bezos, Musk, and Yellen Planning Behind the Scenes [$150 Trillion]​

While most Americans were distracted by mainstream media headlines predicting a stock market crash…

PhD Investigative Journalist Nomi Prins found evidence that shows the elites are spending trillions of dollars to “transform” the economy.

Jeff Bezos and Elon Musk have pledged billions of dollars to make it happen…

And Treasury Secretary Janet Yellen is working with 131 countries, 234 cities, and 695 of the world’s biggest companies –including Bank of America, Nike, and Exxon Mobil –to overhaul everything about the American way of life.

Go here right now to see what it means for your family and your money


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