Sqqq yahoo finance sQQQ’s chart on Yahoo Finance recently

SQQQ’s chart on Yahoo Finance recently tested a key breakout zone, driven by rising Treasury yields weighing on equity valuations. Market watchers anticipate continued defensive flows into inverse products. Investors seem to be paying attention to increasing concerns from some Wall Street circles that the AI rally, which has injected $9 trillion in value to the S&P 500 over the past year, might collapse soon. Although Wednesday's crash may not signal the beginning of such a downturn, the scale of the decline indicates fear among investors. The charts don’t tell us much here, but this is less about timing the chart. The market is showing signs of weakness, and this is a way to try to profit mightily from it getting worse. I suspect most investors have plenty of long equity exposure, so this is a different avenue. But with limited loss should the market keep rising. SQQQ’s Yahoo Finance profile indicates a YTD gain of over 14% during recent market turbulence. Options activity shows increased call buying, consistent with traders betting on extended downside in growth stocks.