Yeah, it's coming back because people started running out of money, probably in part due to inflation. The economists I saw said it wasn't really retirement, but many were younger people (mostly white males) just choosing the increased unemployment benefits and other assistance over going back to work.
It's so predictable when people bring up the participation rate to try and discredit the UE rate, almost as if they have been instructed to do so. The LFPR has been declining for ~20 years primarily due to demographics.
LOL. They are built and intended for short term holds, typically daily (hence the name) . It's not just the leverage that's eating away at your capital.
You don’t know what you are talking about. I’ve been trading them for many many year. I hope you’re running for the exits now.
I bought both many years ago at around $10 or $11 and sold both a a couple years later just north of $140. If the market smells of being tremendously over bought, like now, then your risk is exceedingly small.
SQQQ is down about 10% over the last year, 30% over the last two. It has also effected two reverse splits in the last five years.
Look at the chart in this thread. From about 2015 to 2020 it was trending up, because the full Millennial generation hit working age. Then it crashed. Now it is ticking back up but hasn't caught up to 2015, let alone 2019. None of that is demographics. The LFPR should be trending up from a demographic perspective.
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I am long one stock which I own a boatload of, and that is ETN which is having a great day. At the same time, the TZA is up today, but is still very cheap in my view compared to what it was in April of 2020 when I sold it and the FAZ. I just bought in again recently.
Do you know what buy stop’s and sell stop’s are?k
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Cool, doesn't change the fact that an aging population (still accelerating) is the primary driver of the lower LFPR. This is widely understood. We can quibble about a few points up or down all day.
What makes you think that stock is going to light up vs going to pot?
It wasn't my choice. But I was at my local brewery the other day, talking to the owner, as the land adjacent to his business and in about 10 acres behind it is all being developed, and all of it is a grow facility. The third one in town. So, as a REIT, it may be one of the very few commercial real estate areas that is growing.
No, I got it. Just wanted to tell my dumb story.
It does seem like a great bet as long as they stay small. Big banks institutions won’t touch cannabis until it is federally legal, risk of bottom dropping out. But the owners that can/will accept pot uses get a premium for it. So They can create value bc pot pays really high rents.
I don’t know but account generation usually takes time. My deposits hit pretty quickly.
Apply for margin on your account. You’ll go into a debit (and get charged a % on the debt) but you can trade right away until the money clears. Assume it would work for OTC stocks but I haven’t done it.
GSIT is finally ready to roar. zi sold atom and bought it back for a biggie--now hold 3x supply
