ArmChairInvestor 2023-12-27W TQQQ HITS 202% rise this year.

ArmChairInvestor 2023-12-27W TQQQ HITS 202% rise this year.

2023-12-27W TQQQ HITS 202%rise this year.

NOTE:  I am in on vacation visiting family until 1/3/2024. The Armchair Investor newsletter will be abbreviated and probably late every day.

WEDNESDAY12/27/2023:  The market holds at new highs for 2023! I hope you are enjoying the extraordinary gains of the TQQQ (Triple QQQ ETF) this year! (I know I am!)

The total gains for 2023 of theNasdaq100 (QQQ), the double QQQ (QLD), and the triple QQQ (TQQQ) are extraordinary!

Please do not expect those gains above in the coming year – but count on my telling you about it if it happens!

And with the blow-out in some of the AI stocks, it will be worth your time to read at least the first page of this newsletter nightly to be sure you don’t miss my notes on where the big growth is happening!  

I hope you have an investment in the TQQQ (triple QQQ.) They have grown almost 4 times the single QQQ this year.….. But remember…. The TQQQ also can fall at 3 (or more) times the QQQ.  

You don’t want to be caught with a market that turns back down without your getting out!

Please watch this newsletter daily. At some point this hot rise will stall and perhaps even fail.

IF THAT HAPPENS - I will be here to tell you if I think it’s time to get out.

   REMEMBER:      

I do NOT know how to get    in at the bottom… or out at the top.  

I just usually get closer    than most!

And you    can make some nice returns with the signals I talk about in this    newsletter.

NOTE THIS WARNING.  Holding onto a falling stock, whether an ETF or the stock of a favorite company, is a quick way to loose your recent gains. If you play individual stocks and ETF’s, play carefully. Use the real returns (daily, weekly, monthly)

>>>> Remember….. down is down!

Of course I do not sell a position that has been rising well after one or two small down days. But if you had a significant loss over several days, especially if there is an increase in market distribution days (down days on higher volume), then stepping out and waiting in cash can help you save your portfolio for future rallies and let you sleep at night.

REMEMBER:_____EVEN IF CASH IS A VALID POSITION,…in a fast rising market, you should consider holding a position that allows you to position your portfolio to rise with the market (or a multiple of it.) Stay tuned! And watch daily!

And….. those birds still aren’t going anywhere!

Stay tuned!    Those birds just aren’t going anywhere!

One additional “Word to the Wise”…

>>>>>--- MOST MARKETS FALL FASTER THAN THEY RISE. Beware of buying any new positions unless they are very healthy.

Wishing you big returns in your portfolio!.

I APPRECIATE YOUR CONTRIBUTIONS FOR SUPPORTING THIS NEWSLETTER.  I USUALLY SPEND  MORE THAN 4 HOURS RESEARCHING THEIDEAS IN THIS NEWSLETTER, CALCULATING ALL THE DATA I NEED, WRITING THE TEXT FOR THE NEWSLETTER AND…. FORMATING THE NEWSLETTER.

I WELCOME YOUR COMMENTS ON THE MINOR CHANGES IN TODAY’S NEWSLETTER (as described in the notes.)

Thank you for your kind feedback and ideas. Please keep sending them.

Charlotte Hudgin

The Armchair Investor

CharlotteDH100@mail.com

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