Gambling

More anecdotes / data on the gambling phenomenon I blogged about this weekend…Bloomberg News via Peter Boockvar: The ProShares Ultra Pro QQQ (TQQQ), which mimics the NDX but three times the daily exposure, collected $1.5b in the past 8 trading days, the most over this time frame since 2010. The money though came in as the non leveraged QQQ lost $4.8b last week, the most in more than 20 years. To differentiate, assum...

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