This is terrible.
Some people may be seen buying because it has gotten cheaper, but based on my own experience from doing the same thing this year, if you have money to use on this outdated ETF, I would advise investing in something else with a higher probability of increasing assets.
Since everyone has the same wish to increase assets, it feels like a waste of time to get caught up in something like this.
I want to sincerely praise myself for selling at around $30.
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
It's ultimately a slow decline, huh.
It's the worst price movement as a leveraged commodity.
After all, it's an outdated conductor.
It's a free fall towards $20 by the end of the year.
Oh... semiconductors.
No matter how necessary they are for the industry.
Except for a very few, they are worth just a little.
Just commodity products mostly.
Handling such things.
The stock price of bottom-tier companies is expected to skyrocket.
It didn't exist.
I was stupid to have had any expectations at all.
I'm going to move my funds to microsomething.
Are you aiming to make a profit? (;´д｀)ﾄﾎﾎ…

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
In the midst of considering where to get off, suddenly hit by a major summer crash.
If thinking about taking profits in mid-July...day after day of large bearish candles, causing a mental shutdown.
The large unrealized profits quickly vanished.
Having separate accounts proved to be a disadvantage, as the impromptu sell operation was not completed in time. While one account had a considerable number of shares remaining, I finally decided to cut my losses yesterday.
Reflecting deeply on my own lukewarmness and weakness.
Those who only look at the technical side said that there was no room for growth in the candlestick chart and signs of decline were visible after the financial results.
They say there will be another market tomorrow, right? Isn't that someone's famous quote?
Oh, it was closed... I'm lonely.
I will surely come back here someday.

$NVIDIA (NVDA.US)$ I don't think it's necessarily bad earnings. It may take time, but I think it will rise in the long run. Explosive growth like before may not be expected. Rather, the risk of significant losses is high for stocks that were rising on speculative expectations, as the boom seems to be fading. In fact, there are many companies in the constituent stocks with unclear prospects. I have said this before, but I don't see any benefits in investing in these types of stocks, not in Nvidia now. $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ However, I myself have been somewhat affected by getting involved in speculative investments. Biotech stocks tend to rise on expectations without accompanying performance, and currently, there are many stocks with abnormally low PEs getting hit hard due to high interest rates, so if interest rates fall...
Nevertheless, I myself am somewhat involved in contrarian investing. $Direxion Daily S&P Biotech Bull 3x Shares ETF (LABU.US)$ I don't think it's necessarily bad earnings. It may take time, but I think it will rise in the long run. Explosive growth like before may not be expected. Rather

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
Why is this bulletin board like this?
If you cannot believe in yourself, is there any meaningful investment in predicting future stock prices?
I think that a humble heart that entrusts their money to companies and sectors they want to grow and support for the future is necessary. If you are going to complain about your investment, why are you depositing money here at that point? I can't help but be skeptical...
I understand that some people will not change no matter what you say, but I can't help but think that they are only seeking short-term profits when their approach to investing is so different from mine. If you can only determine based on stock prices, then it is nothing but gambling. Without developing a macro view of the long-term outlook of the USA and predicting the micro details that follow it, even if you buy here, you will end up with minimal profits without knowing the ceiling, not knowing the next entry point, and feeling regret for missed opportunities. Are you trying to make up for losses with short selling in a downturn?
Investment style is individual...

Focus on semiconductor earnings, experiencing ups and downs overseas = This week's US stock market.
October 21, 2024, 10:41 AM GMT+9 (excerpt)
In the coming weeks, attention is likely to focus on semiconductor-related stock earnings in the US stock market. Semiconductors are used in a wide range of products, making the performance and stock prices of related companies important clues for exploring economic and market trends.
This year, the semiconductor industry has been at the heart of the artificial intelligence (AI) boom, with the stock price of leading company Nvidia soaring.
Matt Maley, Chief Market Strategist at Miller Tabak, says," It is crucial that semiconductor stocks hold up. If these stocks fall, they will put pressure on the entire market."
The Philadelphia Semiconductor Index (SOX Index) rose by over 40% in the first half of this year, then stalled, and currently is up about 25% year-to-date. In contrast, the S&P 500 Composite Index (.SPX) has a year-to-date increase of 22.5%.
Semiconductor and related equipment stocks in the S&P 500 Index have a weight of 11.5%. NVIDIA alone accounts for 6.8% of the weight.
On the 15th overseas, in the Netherlands, the largest high-tech company in Europe, a semiconductor manufacturer...

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Today is also negative.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
It's really interesting to see people getting so excited about holding on to stocks for day trading.
Even though brokerage companies explicitly explain that the longer you hold on to stocks for day trading, the higher the probability of increasing losses,
It's scary to see so many people trying to hold on for six months or a year despite having been clearly told.
Take a look at stocks like yinn, which can triple in China.
The Hang Seng Index has finally returned to around the same level as the beginning of 2023, but yinn has only returned about half, at $35, compared to $61 at that time.
Just holding for one year, even if the original index returns to the original level, with 3x leveraged ETF, it drops by about half, you know?
It's high-risk, super, super, super low-return no matter how you look at it after holding for one year, I think you'll understand after a minute of thought.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ The semiconductor market is a crazy story of unlimited growth (which is actually not possible, but FOMO), and it was temporarily denied by the main NVIDIA earnings. Therefore, I think it is necessary to change your mindset and adopt a cautious and humble investment approach. Leveraged ETFs are designed to ride such waves, and investment targets in the boom are constantly changing. Only those with the talent to ride those waves should take up the challenge.
If you hold it for the medium to long term, using margin financing and securities lending would be a simple option (not recommended).

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
After N finishes, it automatically leads to L death.
There shouldn't be any financial results that surpass this one in the future.
It seems that saying it will exceed 70! was indeed a bubble.
Now, how far will L be allowed to fall?
25? 20? Or 10????