>>>The TQQQ rose +198.4% in 2023. I am 100% in the TQQQ‍

January 2, 2024

>>>The TQQQ rose +198.4% in 2023. I am 100% in the TQQQ.

FRIDAY 12/29/202: The 2023 returns on the 3 major indexes that I I follower were very nice this year!:

But could we have done better? YES!

Look at the returns on the three indexes.  The Nasdaq almost double the S&P500 returns for 2023. And the S&P500 almost doubled the DJIA.

>>>CONCLUSION 1: Don’t waste your time on the S&P500 or DJIA.  

But can you do better? Yes!  In arising market, the triple QQQ (TQQQ) is where I stash my money. LOOK AT THESE HUGE TQQQ  RETURNS!

Which one would you prefer to have earned? (Silly question.)

I hope you are enjoying the extraordinary gains of the TQQQ (Triple QQQ ETF) this year! (I know I am!)

>>>WARNING #1:  RISING MARKETS are always followed by FALLING MARKETS. It is your job to watch the markets for changes (or just read this newsletter nightly.)

>>>>NOTE 1: In a rising market, the TripleQQQ (TQQQ) is where I stash my money. LOOK AT THOSE HUGE TRIPLEQQQ (TQQQ) RETURNS above!

>>>>NOTE 2:  RISING MARKETS are always followed by FALLING MARKETS which means I am never always in one investment.  I will switch to INVERSE ETFs when the market falls –>>>> BECAUSE THE INVERSE ETF RISES WHEN THE MARKET FALLS.

And you will find out when I make the direction switches in this newsletter.

REMEMBER:  I do NOT know how to:

·      get in at the bottom or

·      out at the top.

·      ….. I just get closer than most.

Now compare the major indexes (above) to the three Nasdaq ETFs below.

THE ABOVE TIMING OF THE TQQQ (tripleQQQ) is one strategy I will focus on this year.

Are you concerned that the market may have risen as much as it could, for the moment? … I’m not.  

I simply follow what is actually going on in the current market and utilize “best practices” to scrape off the wins  avoid the losses. That means that I watch which way the market is going intraday and the strength of the movements. Then I play on those two critical aspects.

·      Remember: The market and individual stocks continue in the direction they are going until they don’t..

The market had already generated amazing returns for the  year and had earned an early rest for the last trading day of the year. The  market action usually slows in the last few days of the year.

 Look at those 2023 gains! Which one will you chose for 2024?

Please do not expect the above gains above in the coming year –n2023 was an amazing year. But count on my telling you about the trend changes during the year so you can ride them.

And with the blow-out in 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 when and where the big growth is happening!

I hope you have enjoyed 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 theQQQ.  

What to do about the high volatility of the TQQQ?

Just read at least the first page of this newsletter each night.  That is a small price to pay for this level of growth in your portfolio. And remember:

·       I do NOT know how to get in at the market bottoms and out at the tops. ----- I just get closer than most others.

Look at the amazing growth in the Nasdq over the last 20 days in the table below. Note:

·       The extraordinary number of green (rising) days.

·       In the last 16 days:

o  13 days rose

o  2 days were flat (less than 0.2% change

o  Only 2 days fell.

 

Please be sure to check in DAILY in this market. Things are moving FAST!!!

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

Note:

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

·       I just get closer than most!

Although Friday was not a perfect Uptrend day, it shows quite a bit of upside strength.

Look at the amazing percentage of stocks that have "A" or "B" ratings.

 

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

>>>> NOTE THE

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 THE IDEAS 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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