On Wednesday, I bought FNGD, the triple–bearish ETF based on the FAANG stocks. That decision was kind of bonkers, but the amazing things is that even though the market raged higher due to Trump’s TACO, I intended the day with a profitable position! I would like to particularly point out the massive increase in volume lately. It seems to me that the volume on Wednesday was a new record.
Putting this another way, if this was just a normal stock, it looks like an absolutely textbook example of the sort of thing you’d want to buy hand over fist.
