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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ It likely won’t be revitalized until Trump’s inauguration
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  • 10baggerbamm : don't have to do with the inauguration and has to do with companies that make any negative statement and the stocks trade down that's still indicates that people perceive the group as overvalued. when a company can miss earnings or Miss revenue or be light on guidance in the stocks trade up that's a sign of a bottom and you see that in other sectors or I should say I do I see stocks that are gapping up and I look at their financials and I'm like they fucking suck they missed earnings they miss the revenue or they misguidance or two of them or all of them and the stocks trade higher. that's the sign of a bottom and that's what software did over the past couple of months they're all trading up despite really not having spectacular earnings.

  • Penguin OP 10baggerbamm : I still think the key is whether trump will lift the limitation of exports to china.

  • 10baggerbamm Penguin OP : he's not going to he's going to be firmer and harder with China.

  • Penguin OP 10baggerbamm : no that’s for imports not exports. he wants to make money.

  • 10baggerbamm Penguin OP : he's not going to permit chip companies to sell their latest version of anything to China.

  • Penguin OP 10baggerbamm : o let’s see

  • 10baggerbamm Penguin OP : do you follow Trump do you follow legitimate question what is thoughts are about China and how they've screwed over this country for years this country being the United States. he's 100% for American businesses but he's going to prohibit technology companies from giving China any edge.
    so literally think of a car company that has a brand new state of the art vehicle that's going to be reserved for United States and US allies but that car company will be able to sell last year's base model to China. that's basically best case scenario of what he will permit to happen with tech companies.. and that covers AI and chip

  • Suicide_Solution Penguin OP : 👍