Direxion Daily Semiconductor Bull 3x Shares ETF Stock Discussion

• Kevin888 OP : Possibly no pull backs? Good news keep producing maybe will keep the price up?

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• Kevin888 : It is

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• Kevin888 OP : Expecting Fomc meeting next Wednesday

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• ひな☆彡 SOXL(Bull) OP : Yap
  i think we are going down

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• 70825143 : Yesterday, I sold all the ones bought at 25-27, hoping to return to below 30.

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• ひな☆彡 SOXL(Bull) OP 70825143 : not sure about below 30 tbh but lets see

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• ひな☆彡 SOXL(Bull) OP : ok Nvidia is not dropping. 30 min to go

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• 10baggerbamm : come on you're too technical it's going down because there's more sellers than buyers you can justify it however you want to but that's just the reality

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• BullBuyerShortSeller : 30 likely to see soon

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• 10baggerbamm OP BullBuyerShortSeller : that's your 20-day moving average
  if you haven't figured it out the market is manipulated I know people throw around that word all the time but that's the truth.
  it's no different than when you're in the ocean and you say oh it's such a nice calm day I think I'm going to swim out further than normal because it's so calm.. and then a rogue wave out of nowhere sinks your ass
  that's what happens in the stock market
  for no reason this morning all of the Wall Street darling stocks gap down
  the bobbleheads try to use every single story that's happened in China overnight with tech earnings at may or may not have come out to justify the sell-off will say the 10 year treasury is headed higher we'll talk about chairman Mao of the Federal reserve going to have a meeting next week we'll talk about the uncertainty because we're still in the middle of earnings and tech earnings are going to be coming out shortly.
  they'll justify it however they want but when you see a gap down like this this morning and there's no volume that substantiates it they're just gapping everything down this is the rig system that you face.
  and I'm thinking and everyone saw it yesterday morning in Tesla stock it was up pre-market significantly within one second of the stock Market opening it's negative several dollars it just was a rug pull event classic and then a rally back to positive and then they pulled the rug out again.
  that's not a retail that's collusion amongst hedge funds and institutions
  so if you think that the chip basket is going to be exonerated look at ASM lithography no negative news they just Gap everything down and the volume relative to the percentage that everything is gapped down is not substantiated it's not as if they're falling 50% of yesterday's gains on significant volume it's nothing there's virtually zero volume..

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• 151404867 : Looking at BOLL, it definitely suggest its OOB at upper level and Vice Versa for SOXS suggesting a reversal. Besides it had 5/6 days of +ve run, including 3 consecutive days.
  Right now Nvda and AVGO dictates SOXL move primarily, are in a zone of no where, no one knows how Elons ongoing rant will help NVDA.  In addition the the lack of details on Startgate is not helping the market.
  Satya at Davos mentioned MSFT has 80Bn allocated  In addition the lack of details on Startgate is not helping the market. Satya at Davos mentioned he has allocated 80Bn for the project, but doesnt know about others.
  Looks like this confusion and uncertainty will continue until a circuit breaker comes in to remove this confusion. Hopefully some one from Stargate come forwards and say more about its finance and project else we could be in bear mode for few weeks.
  Jensen has been quiet as well, not sure what is his issues with Trump. He was missing from the announcement as well, when we know that all the chips required will be Nvidia.  
  To add further Nancy Pelosi sold NVDA in her recent filing , not sure why, but in the past her calls on NVDA has been spot on.  
  All in  all this stargate and Musk has created more confusion, hence i think it will drag SOXL further when the market  opens.
  I want SOXL to move to 40 but right now ist going to be in a lala land.

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• 10baggerbamm OP : 80 billion is old news Microsoft said what their capex was going to be last earnings and that was already baked in that's why the stock was trending down because people are worried about so much capex now out of nowhere as they regurgitate the story two weeks ago 80 billion and now it sounds like it's shocking brand new it's a news event they're going to invest 80 billion it's the same shit that was told last earnings report.
  I will tell you your logic is spot on the way that you phrase things is exactly the lack of clarity is what creates the ability for the stocks to be gapped down when they reach these levels of resistance and the stories are easily created by the bobbleheads on TV to validate the movements after the fact when they train lower.
  we're not going to get clarity on Stargate it's not going to happen because that's a four-year plan and everybody understands that plans don't always go as quickly as intended for whatever reason.
  it's also highly possible that you're going to see Elon Musk build another massive Data center because look he's got a huge ego and he has one massive data center that he built and assembled all of the gpus inside of a couple of weeks that Jensen said was miraculous it would take somebody else a year to do. without using so wouldn't surprise me now that you got 20 data stations that are going to be planned or 24 I'm sure someone will correct me from Stargate.. Elon Musk may be thinking I'm not going to be second fiddle I'm going to build another massive one and I'm going to get it up running very quickly.
  with regard to Jensen I'm literally pissed off and it's difficult for me to put in words aside from the fact that I've got over a million dollars in this shit and this guy won't even reach out to president Trump and congratulate him. everybody understands why Zuckerberg has reached out why Google has reached out Google had to deal with doj now Europe's going after Google the EU is going to be the new doj against us companies that's what's going to be happening over the next 4 years just so everybody understands that Obama is now part of the EU cabal to Target us companies overseas because they can't go after them using the doj which was corrupt as they've done for 4 years in the United States.
  back to Jensen I don't know what stick up he didn't say yes he has or what his problem is with Trump but he needs to swallow his fucking pride and sit down with Trump with a pre-mapped out business plan saying this is in my opinion what you might do what you should consider doing cuz you can't tell Trump what you need to do because nobody's got a bigger ego than president Trump.
  so if he maps out this is what my suggestion you should consider doing and this is why it would benefit the United States and of course in turn it would benefit in video greatly as we are the driving force behind your data centers your foreign investors just as they would not invest in this country without you they would not be investing in this country with not us Nvidia and I am in video I am the driving force behind Nvidia just as you are the driving force with the United States in the world.
  and this is how it needs to be structured it's a sales call he needs to be making with President Trump and he needs to sell Trump on why these restrictions need to be reduced and structured in a way that Trump still wins that the world still lose China as evil but the sovereign Nations need to be a conduit that he can sell to..
  until this issue is resolved with Jensen /Trump ...the stock is dead fucking money.
  it underperforms the market on the way up and it drops faster than the market

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• 151404867 : Your analysis is too gud esp the personalities and ego.
  I wonder how Elon was kept out of loop when Sam was in white house, he wouldn''t have allowed Sam to be near  Trump. What i have gathered Elon joins Trump on calls when it comes to tech. I wonder if this is a 1st fissure between Him and Trump. In short Trump will use everyone and move on, and same could be the case of Elon.

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