Sep. 14 at 7:06 AM
$SQQQ is a 3× inverse ETF on the
$QQQ Nasdaq-100, designed for those who want to short tech with leverage & a timer. It pays only in sharp sell-offs, bleeds in rallies, & erodes steadily if held too long.
#RKT Friday options flow was unusually high—
$10.86M. 41% higher than the average. A heavy skew toward calls. Rocket Companies bought Redfin, which means collaging real estate traffic with an equally interest-rate-sensitive mortgage business. Mr. Cooper merger comes with the promise of half a billion in “synergies.” BofA upgraded, hiking the target from
$21 to
$24. Forbes thinks it will “go to
$40.” The case is simple: falling rates ignite both purchase & refinance volumes.