The Direxion Daily Magnificent 7 Bull 2x Shares (QQQU) and Bear 1x Shares (QQQD) are ETFs available on the New York Stock Exchange that aim to deliver double the daily performance or the inverse of the Magnificent 7 index, respectively. These funds allow active traders to magnify or inverse their exposure to leading tech companies like NVIDIA, META, Microsoft, and Amazon. They are designed for short-term trading by those with a high-risk tolerance. Investors are advised to thoroughly read the prospectus at Direxion.com to understand the risks associated with these leveraged funds.
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00:00The Direction Daily Magnificent 7 bull 2x shares trading on the New York Stock Exchange
00:07under QQQU and bear 1x shares trading on the New York Stock Exchange under QQQD ETFs aim
00:13to deliver double the daily performance or the inverse of the index Magnificent 7 indexes
00:19return respectively.
00:21Trade these funds and acquire the ability to attempt to magnify or inverse the exposure
00:25of the Magnificent 7.
00:27Tech has been experiencing a bull run as the promise of AI comes to fruition.
00:32The companies that make up the Magnificent 7 include Nvidia, Meta, Microsoft, and Amazon.
00:38The future is being ushered in at a rapid pace as AI drives change in our daily lives.
00:43You trade QQQU when you think tech stocks are likely to go up in the short term gaining
00:48the ability to double the exposure for a single day.
00:52You trade QQQD when you think tech stocks are likely to go down in the short term gaining
00:57the ability to return the opposite of the index's loss for a single day.
01:02You'd only trade these funds as an active trader with high risk tolerance since the
01:06funds should not be expected to provide their diversified, leveraged, or inverse goals for
01:10periods greater than a day.
01:12Before investing, consider the fund's investment objectives, risks, charges, and expenses contained
01:18in the prospectus available at Direction.com.
01:21Read carefully to ensure a full understanding of the risks that leveraged funds entail.
01:26The future is here.
01:28Don't miss out on the next technological revolution.
01:31Direction Daily Magnificent 7 Bold 2x Shares and Bare 1x Shares should only be answered
01:36by the boldest of risk-ready traders.
01:56Direction Daily Magnificent 7 Bold 2x Shares and Bare 1x Shares should only be answered
01:57by the boldest of risk-ready traders.