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

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Unsure how much difference AGO gonna make here.
What I feel is (may be wrong too), SOXL is going forward within 25 to 30 range. 30 to 40 range days already gone….
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  • 105472996 : The days of 30-40 will come back.

  • All in everyday : market keep greedy then is possible above 30, if nasdaq pullback then gg[undefined]

  • 102423677 S All in everyday : 昨天回调了 今天起飞[undefined][undefined]

  • 10baggerbamm : 6% of the ETF
    the bigger difference is it's yet again another company that validates the strength and the longevity of AI that it's just beginning it's not over it hasn't peaked
    there's many analysts that are negative on semiconductors because for no other reason they say they are cyclical and many analysts believe that chips are in a down cycle. but if you listen to the CEO last night when he was breaking down where the business is they're flat segments and they only represented a small percentage of their business he was saying that basically that's the worst and first quarter it's expected to grow by 10%.
    furthermore there's many analysts bobbleheads on TV that are just preaching this rotation and you hear it non-stop oh buy small caps and you know they go down the list by financials it becomes a self-fulfilling prophecy that people follow what they hear so they've sold the chip stocks down and they're redeploying that money into other sectors.
    so that's the reason why chip stocks have lagged but let me leave you with this there's many people that are now saying that Trump's economic plan is going to create inflation well let's just suppose that because the economy grows GDP will accelerate people have more money in their pocket and they're buying more goods that's what creates the inflation and the Fed next year is not going to cut rates but rather have to sustain a pause or increase rates.. that would immediately reverse the flow of money every place where it's going right now it would leave and head back into sectors that don't need lower rates to prosper which is Chip stocks because most of these companies are cash Rich have little to no debt and they don't need low rates to generate a profit

  • 151404867 : The calls option suggest it might trade between 32 to 35 by end of newt week. Besides Dividend is due around Dec 20-21, so some buying could take place.

  • 151404867 : Today all chip stocks are on the rise in pre market. So i expect SOXL to reach 31 unless some other news come in.

  • BullBuyerShortSeller OP 151404867 : Are you looking at Open interest ?

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