- Market Sentiment: Leveraged ETFs like TQQQ are not suitable for long-term holding1. Given that the market sentiment is not indicative of a strong bullish trend, the weekend's performance may not be indicative of a short-term surge.
In conclusion, while TQQQ offers leverage and potential for high returns, it also carries significant risk due to its volatility and the potential for rapid price changes. It may not be the best choice for a short-term trade over the weekend. Investors should consider their risk tolerance and investment goals before making such decisions.