My guess is not. I have been making decent coin playing the TQQQ but I think next month it will flatten out, maybe even decline a bit going into elections. Now ask me about Christmas and I will tell you it will either hit 12150 and then some more, or it will hit 10k and keep dropping, one or the other. If we don't get a crash, Nasdaq in particular is going to go bananas this holiday season. Especially if we have a vaccine by then.
What positives are there in increased regulations and higher taxes in the business world that can be seen as a positive? Can you name the positives that Wall St. and the markets would find that would push the markets up if Biden won the presidency? There is a reason the markets skyrocketed to levels unseen in the past when Trump took office in 2016. If it didn't matter which candidate took office the markets would have cooked the rise that ended up taking place after election into the stock price pre-election, and there would have been no insane market boom such as has never been seen in any presidency. That did not happen and for good reason.
I use the micros. You pay a bit more in commissions in correlation with ROI, but the moves and volatility are extremely nice. Each contract is like 50 cents and each tick is 50 cents. 1 point is only $2 vs $20 for the regular NQ. I can buy 2 or 3 NQ micro contracts and make $200 to $300 per trade, with multiple trades in a day, because of its volatility. I prefer them to ES.
