Quick Trade in TQQQ and SPXL

Written by MrStockFox. Posted in Trade Ideas

I know that this is not a trading site but I decided to go long the TQQQ and the SPXL at 76.50 and 57.35 for quick trade.  Things have gotten so oversold and we are at strong support on both the Nasdaq and SPX.  We should get a meaningful bounce out of this area.

AAPL, GILD, MSFT and GOOGL are all at strong support.  All major components of both index.

I also added to the following positions today:  CSCO, INTC, V, GILD, BNS, TIF