#1. Loading up on Tech
US 10 Year Bond is seeing some buying, which means lower yields and possibly respite for risk assets.
On this base, we see Nasdaq, which has been hit quite hard, as a buy for a short term rebound.
Either buy the QQQ ETF, which represents the Nasdaq 100, or taking a more aggressive approach such as the Direxion Daily Technology Bull (TECL) 3X Shares ETF.
#2. Buy the SPAC
Trade1027 portfolio is already in, but if you aren’t, SPACs (Special Purpose Acquisition Companies)- an area considered highly speculative) have come under pressure.
Defiance NextGen ETF (SPAK) Price has declined from a price of $36.08 to $26.50.
The sudden sell-off may offer a buying opportunity for a short term rebound.
#3. Buy the Gold dip!
Gold, which has come under pressure year-to-date, look to accumulate the USD GLD ETF on the pull back.