$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ There is no major bad news and yet there is a big drop. I think it's a group of bullish without balls who are afraid of the September curse and taking profits. Waiting for bullish non-farm data.
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Stephen Truth : Nvidia was accused of monopoly and received a court summons.
Meanwhile, Huang Renxun sold Nvidia stocks the day before yesterday.
gone gone OP Stephen Truth : Brother, those news are estimated by institutions to scare retail investors after a big drop. The rumors of Nvidia's monopoly have been around for a while. The purpose of releasing them now is to make you sell so they can replenish their short positions.
gone gone OP Stephen Truth : If this news is beneficial to you, it should be released before a significant drop in a positive direction. Why release it now?