Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 181.46

-3.6%

12:15 PM EST

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To: Trader J who wrote (56378)	8/5/2024 11:25:50 AM
From: Trader J	Read Replies (2) of 56532

TNA: Adding this to the shopping list after the full trip. This is the 3x leveraged small cap ETF that someone brought to the thread. I missed it in the low $30s and it raced to $50. Back in the mid-low $30s again. The small cap (Russell 2000) should rally well into the Fed rate easing cycle so this looks to be a great entry. May make my first entry today or tomorrow with the ability to add another 2-3 legs following to average in a position. It is leveraged so you don't want to hold for the long term. I fully expect small caps to rise again in short order after this volatility abates. Seeing if I can squeeze out maybe a revisit to that $32 level.

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