Bloomberg Intelligence’s Eric Balchunas says high-frequency traders have used leveraged ETFs like TQQQ to buy lows and sell highs, challenging the usual “dumb m

Bloomberg Intelligence’s Eric Balchunas says high-frequency traders have used leveraged ETFs like TQQQ to buy lows and sell highs, challenging the usual “dumb money” narrative. He says the pattern extends to SOXL, helping explain their enduring appeal.