Home/News Feed/ProShares UltraPro QQQ remains a buy amid tech correction, with dynamic allocation advised to manage risk. ProShares UltraPro QQQ (TQQQ) is still considered a buy despite recent tech sector weakness, which is viewed as a correction within an ongoing bull market rather than a structural bear market. The analyst recommends a dynamic investment strategy that balances between QQQ and TQQQ, adjusting leverage and rebalancing regularly to control losses during economic downturns. Historical data over ten years shows this approach yields strong returns with lower maximum drawdowns compared to static or fully leveraged strategies. The fundamentals of QQQ remain strong, supported by large-cap tech earnings growth and improved valuations, justifying continued investment under current macroeconomic conditions.
As of Oct 17, 2026 21:21 WIB, TQQQ trades at USD 68.21 on Pluang, down 7.60% in one day, showing significant volatility typical of leveraged ETFs. Its current price is closer to the 52-week low of USD 37.89 than the high of USD 87.22, highlighting the wide trading range investors navigate. Despite the sharp daily drop, Pluang users predominantly buy TQQQ, with 97% of order activity favoring purchases, reflecting ongoing interest in leveraged tech exposure.