This summary was created by AI, based on 2 opinions in the last 12 months.
Experts have mixed opinions on the ProShares UltraPro Short QQQ (SQQQ-Q) ETF. One expert finds it useful for trading and hedging, especially for Canadian platforms that don't allow access to futures and options on futures. However, another expert expresses a dislike for inverse ETFs and prefers put options for trading. Overall, the ETF appears to have both proponents and detractors in the expert community.
Dislikes inverse ETFs which are too risky. Would rather do put options.
ProShares UltraPro Short QQQ is a American stock, trading under the symbol SQQQ-Q on the NASDAQ (SQQQ). It is usually referred to as NASDAQ:SQQQ or SQQQ-Q
In the last year, 1 stock analyst published opinions about SQQQ-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for ProShares UltraPro Short QQQ.
ProShares UltraPro Short QQQ was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for ProShares UltraPro Short QQQ.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered ProShares UltraPro Short QQQ In the last year. It is a trending stock that is worth watching.
On 2024-12-13, ProShares UltraPro Short QQQ (SQQQ-Q) stock closed at a price of $29.07.
He uses the QQQ in 2 ways -- for trading and for hedging. The SQQQ is a short on the QQQ -- useful for Canadian platforms that don't allow you to get into futures and options on futures.