Proshares UltraPro Short QQQ ETF

I believe $Tesla(TSLA.US) is a great company with a unique opportunity in front of it to transform how we travel. But loving a company doesn’t mean you should love the stock. Many investors on X don’t get the basic investing concept that valuation matters — even for great companies. TSLA FY’26 P/E of 234x vs +45% forward eps growth (5.2x PEG) is rich by any standard.

US stocks neared fresh highs pre-market Tuesday (SPX +0.2%, NDX +0.3%) as Brent crude fell 2% to $98/bbl and the 10-year yield dropped to 5.27%, easing inflation concerns. Equity gains are being driven by earnings and AI infrastructure spending, not multiple expansion. Chipmakers continued to rise after last week’s strong Micron strong results with $NVIDIA(NVDA.US) hitting a record high. $Tesla(TSLA.US) gained +0.7% to $380, extending two days of gains on last week’s strong 3Q deliveries. S&P 2026 EPS estimates of $366 (+32% YoY) imply a 21.2x P/E and 4.7% earnings yield, and remain inverted versus 10year treasuries. I remain cautious on $Tesla(TSLA.US) largely due to a stretched valuation, falling longer-term estimates, and continued commoditization of unsupervised autonomy.

$Invesco QQQ Trust(QQQ.US)$Invesco Nasdaq 100 ETF(QQQM.US)QQQ’s setup last week looked more like a post-rally retest than a real breakdown. The MUSE-driven optimism around AI applications seems to be spreading back into hardware, which is helping the broader tech complex regain momentum.

I’m starting to see this as a better environment for chasing strength rather than waiting for another deep pullback. If the rotation from AI applications into hardware continues, QQQ could have more room to run.

For now, the key is whether this retest turns into another leg higher or just another failed breakout.

@Captain's Treasure

$Tesla(TSLA.US) has now reported two consecutive very strong delivery numbers. On Friday, it reported 3Q delivs of 486.5K vs 462.0K consensus. That TSLA delivs were down just -2% YoY vs TSLA’s record 2025 3Q, when the $7,500 EV credit was expiring, says it all. This followed TSLA’s blowout 2Q, when it delivered 480K vehicles vs WS expectations of 406K.

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: U.S. Private Employers Add 90,000 Jobs in September as Hiring Rebounds - $QQQ $SPY

Lets go……

$Invesco QQQ Trust(QQQ.US)$Invesco Nasdaq 100 ETF(QQQM.US)QQQ gapped higher and broke to new highs last week. Even with negative headlines over the weekend, the overall trend stayed surprisingly resilient, and the index continued to absorb bad news.

I kept adding to my QQQ position through my regular DCA. Higher rates seem to be favoring the mega-cap M7 names again, while hardware stocks have started losing relative strength.

As long as leadership remains with the strongest cash-generating companies, I’m comfortable staying patient and accumulating the index instead of chasing weaker sectors.

@Captain's Treasure

$Direxion Semicon Bull 3X(SOXL.US)

Context:

Semiconductors are one of the areas I’m watching most closely as the market approaches another important week.

QQQ is near its previous all time high, while Micron earnings and major economic data could quickly influence sentiment toward technology and semiconductor stocks.

I also noticed institutional call activity in SOXL, which gives me another signal to monitor together with the actual price action.

My trade:

I’m continuing to hold my SOXL shares. My decision is not based on a single catalyst. I want to maintain exposure to semiconductor momentum while watching how the sector responds to Micron earnings and the upcoming economic data.

Since SOXL provides leveraged daily exposure to semiconductor stocks, I’m being more selective about adding rather than increasing my position simply because the market is strong.

Takeaway:

Holding SOXL has reminded me that being bullish does not mean I need to keep adding. With a leveraged ETF, patience, position sizing, and risk management matter just as much as getting the direction right.