Direxion Daily Semiconductor Bull 3x Shares ETF Stock Discussion

Salmon KleinOP : @10baggerbamm

BSJJ : Asml beat the expectations, tsmc will beat also.

Lucky Dog An : We can only wait until Grandpa Dow Jones returns to his horse gun to save Nago

73944091 : I mean you can still believe, but it won’t hurt to cut the loses for now and buy back later

Salmon Klein : the earnings does.not matter looks asml today. They beat expectations and raised guidance. Still, the market is a blood bath, particularly semiconductors, because of whatever Biden said that I don't know. amd suffered for 4 months the thing with China and look at today, down a 9% unbelievable. this is very annoying, very very

10baggerbammOP Salmon Klein: that's not true as forward guidance was less than expected (Asml) read the story their forward guidance is why the stock is getting butchered and it should not be a surprise because last quarter when the stock was taking apart they said that this is going to be a second half story that they will experience their growth in Q3 and Q4 of this year so nothing has changed with the company

Salmon Klein 10baggerbammOP: I read they say they will be at the higher end of their guidance? so what's the problem with that? asml is the only company, or the one that sells 90% of the machines used to fabricate chips, I don't see the problem to butchered that way, especially when they say AI is growing demand...I dont understand markets too greedy and no rational for me

10baggerbammOP Salmon Klein: 90% of their guidance that's a 10% shortfall . you cannot miss at all that's why I say you have to knock the cover off the ball you see you have revenue numbers then you have whisper numbers you have earnings per share you have whisper numbers for your earnings per share and then you have your four guidance that you announce last quarter you have to raise that and you have to raise it higher than the highest expectation if you look with AMD they raised it 4 billion the streets high for forward guidance was 6 billion that's why it got taken apart not because it's a bad company it's a great company second to Nvidia it's the best company to own for the next several years. if you're going to rotate into the Russell you got 10% of that in biotech companies that are waiting FDA approval that'll never get it cuz they're in phase one you got to go phase two phase 3 human testing you're going to run out of money long before you ever get to that level they're not profitable those are the ones that when they have bad news or down 90% then you got the regional Banks which I've made a lot of money in but they're still sitting on a trillion dollars worth of commercial loans that every expert said come 2025 is going to be a train wreck for them so 20% of the Russell are the regionals. 70% of the Russell have no earnings so you tell me what companies to buy because my experience tells me you buy the ones that are the market leaders making the money with little to no debt with enormous barriers to entry and you buy them when Wall Street marks them down and puts them on sale.

Ultratech : hedging is a good way to drag your account down on a green day...you need to just hold and not be scared...leaveraged is garbage too just buy the stock

Nidia_Girl Ultratech: it depends on your strategy and portfolio size , you can leverage 100$ long vs 200$ short .. Their is many tactics Hedge funds use

Ultratech Nidia_Girl: I'd rather just put the 300 on it not be a coward. hold long and don't sell. if it goes down you hold long and don't sell eventually it rebounds. hedge funds have billions to play with. a young person with small account I would go all in tqqq right now and go through a correction with no hedge before going short . I'd be very surprised if someone doesn't take a beating on inversed etfs vs just investing long holding not doing anything but buying more stocks freely. playing little games you will lose more than simply holding long on a good ticker

Nidia_Girl Ultratech: congratulations if this works for you , and I respect your strategy .. Everyone has a different mindset and different  risk tolerance , I sometimes hedge and sometimes I do go in but it depends on what I see

TinkerB3llOP : Great to have such healthy and hearty chat and good to have different strategy too. What most importantly is everyone gain in this stock market and sharing and caring is definitely a must in this community hope you guys are killing it