In this [3X Leveraged ETFs to Trade Internet Stocks | WEBL | WEBS | Quick Take] video 🎥, we will be discussing some new additions to our research sheet and ETFs Google sheet that focus on trading internet related stocks. The first ETF we will be looking at is the WEBS, which is a 3X leveraged short on internet stocks. This ETF recently showed a multiple bottom on the 25th, catching our attention. We will analyze the risk reward profile for WEBS in our ETFs Google sheet.
Additionally, we have found the inverse of this ETF – WEBL, which is a 3X leveraged long ETF on internet stocks. This allows traders to have a leveraged long or short position on internet related stocks. We will also be looking at the risk reward profile for this ETF in our research sheet.
Some notable companies in this these ETFs include Amazon, Alphabet, Netflix, and Cisco. This basket of internet related stocks is quite diverse, ranging from technology giants to companies that derive a portion of their revenue from the internet, such as Airbnb.
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📖 CHAPTERS 📖
00:00 – WEBL | WEBS
04:40 – BeachBum Trading Sites
05:28 – Discord Invite
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#WEBL #WEBS #etfs
📝 REFERENCES 📝
📝 Weekly Trading Game Plan Notes for 7/29 – 8/2/24 – Part 1 👉 https://docs.google.com/document/d/1YdKQIDiq4wy-q4LhgSmHEZFsBd5bop641CkDlENqmPA/edit?usp=sharing
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