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Best ETFs to Trade the Magnificent 7 Stocks
In this [Best ETFs to Trade the Magnificent 7 Stocks] video , we will be discussing a new block of ETFs that @tTheKrow has pointed out to us. After doing some research on the T-Rex site, we have found that these are a series of leveraged ETFs on individual stocks. This means that you can trade [Magnificent 7] stocks using an ETF with 2x leverage, either long or short. These ETFs are particularly useful for those who cannot directly short individual stocks, e.g. in retirement accounts, as they provide a way to short individual stocks.
To make things even easier, we have added all of these ETFs to our research tab in our ETFs Google sheet. You can see that there are long and short options for [Magnificent 7] stocks like Tesla, NVIDIA, Apple, Alphabet Google, and Microsoft. We have plugged all of these into our research tab so that you can easily see the risk reward profile for each of these ETFs.
It's worth noting that these ETFs are relatively new, with only a few months of history, so we will be keeping an eye on them in the research tab in our ETFs Google sheet.
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CHAPTERS
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00:00 - T-REX Single Stock ETFs
03:58 - BeachBum Trading Sites
04:46 - Discord Invite
TRADING PLATFORMS
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✅ Webull – Get FREE stocks with Webull https://bit.ly/3jKfvw5
✅ E*TRADE – Use our link and we both get rewarded! https://bit.ly/3zP6rvB
✅ Public Investing https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
RELATED VIDEOS
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How To Make Money Trading in February | [Weekly Trading Game Plan] 2/5 – 2/9/24 | Part 1 https://youtube.com/live/idzqoUOJFT0
TSLZ | A Leveraged Inverse ETF to Short Tesla https://youtu.be/OcOxfCmhVoM
ETFs to use to Trade Technology Stocks | TECL | TECS https://youtu.be/WR7jwq2HW2k
SPXS vs. SPXU | SPXL vs. UPRO | Picking S&P 500 3X Leveraged Long & Short ETFs | How To Compare ETFs https://youtu.be/2jfZJ_WA0N0
SVXY vs SVIX | Which is the Best ETF to Use to Short the VIX? | How To Compare ETFs | ETF Tutorial https://youtu.be/4QHGTY1_q_w
How to Find ETFs to Trade / How To Use the ETF Database | Part 1 https://youtu.be/iCn0RMyXJSo
Best Financial Sector ETFs to Trade https://youtu.be/ZkxGfxJy52Y
How to Short the Real Estate Market? https://youtu.be/V0863sSI0_0
#BeachBumTrading #Magnificent7 #etfs
REFERENCES
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Weekly Trading Game Plan Notes for 2/5 – 2/9/24 - Part 1 https://docs.google.com/document/d/1DP0RLk2rU330m8Vl4uJRZMYtocxI_GIaUvU5FMgnMtA/edit?usp=sharing
BeachBum Trading on Social Media
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