Direxion Daily S&P 500 Bear 3X Shares ETF Stock Discussion

The US stock market was off to a rocky start for the month of September. Both S&P500 and Nasdaq fell on the first 2 trading days of the month.
Nvidia has shed about $300 billion in market cap
More volatility can be expected. So be mentally prepared.
$Meta Platforms (META.US)$ $Arm Holdings (ARM.US)$ $Alphabet-A (GOOGL.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ $Wells Fargo & Co (WFC.US)$ $Goldman Sachs (GS.US)$ $Bank of America (BAC.US)$ $Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ $Vanguard Growth ETF (VUG.US)$ $JD.com (JD.US)$ $DraftKings (DKNG.US)$ $Under Armour-C (UA.US)$ $Unity Software (U.US)$

Retails sales went up by 1% in July. This is way higher than the estimate of 0.3%. This indicates that that economy is still resilient.
In addition, weekly jobless claims fell, which gives investors some confidence that the unemployment rate isn’t that bad.
These 2 days came after 2 soft inflation reports.
Market looks happy. Market rallies
  $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $PepsiCo (PEP.US)$ $Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS.US)$   $Workday (WDAY.US)$ $Intel (INTC.US)$ $Financial Select Sector SPDR Fund (XLF.US)$  ...

$Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS.US)$ I'm loading up...catch yall on the flipside!

Both Nasdaq and S&P500 have been moving in a tight range for the last 2 weeks. Seems like we are lacking catalyst to push the market to another all time high. Likewise, there is not much negative news for a big pullback.
This month’s Fomc meeting could be the catalyst.
$Palantir (PLTR.US)$ $Disney (DIS.US)$ $Enphase Energy (ENPH.US)$   $Alphabet-A (GOOGL.US)$ $Amazon (AMZN.US)$ $Morgan Stanley (MS.US)$ $Microsoft (MSFT.US)$ $Meta Platforms (META.US)$ $CrowdStrike (CRWD.US)$ $DocuSign (DOCU.US)$ $Hewlett Packard Enterprise (HPE.US)$ $Intel (INTC.US)$ $USD (USDindex.FX)$ $XPeng (XPEV.US)$ $DiDi Global Inc (DIDIY.US)$ $Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS.US)$

$Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS.US)$ weak