For Tuesday, Sep 6, the market forecast is for growth

We recommend any leveraged ETF that grows with the US market.

Here are some options:

2x Leveraged ETFs

 

NASDAQ 100

Russell 2000

S&P 500

QLD

UWM

SSO

3x Leveraged ETFs

NASDAQ 100

Russell 2000

S&P 500

TQQQ

URTY

UPRO

Subjective Comments:
US Markets were closed on Monday for the Labor Day holiday. European and Asian markets dropped dramatically on Monday. London’s FTSE 100 dropped 3.6%, the German DAX fell an incredible 5.3% and the French CAC 40 dropped 4.7%! The Chinese market dropped almost 3%. Our automated forecast remains for growth, but it is very likely US markets could drop on Tuesday in response to international markets. A drop of about 22 points in the S&P 500 would likely change our forecast to uncertain.

The dramatic drops in the Chinese and European markets are what we have been expecting because of the tight monetary policies of the People’s Bank of China and the European Central Bank. The trends for the past central months has seen the spill-over effects from Europe and China dragging down US markets, and our best guess is this will continue this week. If US markets do in fact decline, it is likely the percentage drop in US markets will be less than seen in Europe and China. The acceleration growth of the US money supply continues via the fractional reserve money multiplier. This upward force on US markets will mitigate losses this week. Eventually, we expect the US markets to de-couple from Europe and China.