$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ There will be a rate cut done in September and this stock will decline. In early September 24. Followed by a gradual rise until the US elections where we will see how inflation will haunt back the stock market. Paul Volker witnessed this in the 70s and we will see a resurgance of that as Trump becomes the new president. In Trump's tenure as president, we will see how the fed will increase the interest rates to a point where it will trigger a reset of the US economy and the US debt will significantly drop along with the stock market. Scenario two, there will be a black swan, to fit this narrative, mpox pandemic, ww3, or something else that we're not seeing just yet. But there will be a caus
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ This time round, as most retail investors buy into this pullback, we will see another "hike" in the opening at 9.30am US time. But it will end in "red" for all indexes as market prepares for all the "reports" coming in. Strangely, it will act in inverse correlation. The change in how inflation is perceived has successfully confused the masses on how these "reports" can indicate a positive or negative sentiment. But as history shows, there will not be a recession after and election but rather the "disaster" first before the "heroes" will come in to save it. Be prepared to see how this "one" dismantles to be greater than the 08'-09' crash.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ This is not a pullback. This is a sell off by the machines and the retail investors dollar cost averaging. They are buying into the positions that the whales and machines are exiting. And when Trump wins the elections , the trade wars starts and then we'll see curbs on exports to china and a drop in all earnings.
$NASDAQ(.IXIC)$ Today's Debate between Donald and Biden will rattle and amplify the volatility and fear. Core PCE will have to show the inflation. For the Feds to trigger the market. And Biden will be rolling out stimmies soon.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ There will be a pullback from here on. The two stocks holding this etf is AVGO and NVDA whereas the rest of the semiconductors, the constituents are already facing the heat trying to play catch up to meet their all time highs. Yesterday, we see a substantial pull out of money, with each constituents posting an average of 3% decline. We will see more as many investors are selling at the top. Oil prices will continue to surge back to 90USD and climb to an eventual 120USD as demand will increase due to the upcoming weather changes happening soon as countries refill their stockpile in preparation. Treasury bonds are being dumped by central banks. Other co
$NVIDIA Corp(NVDA)$ Take a tablespoon of the syrup and "dilute" it with a glass of water so it flows faster. (10:1) More volatility and liquidity coming your way!!
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The end of the Rally. The finale is finally here. - end of the petrodollar dominance. - oil prices will start to move higher due to volatility. - Gold will see a pullback to $2,100 - $2000 range -Interest Rates will increase in the 6m/12m/2yr - DJIA will see a sharp drop by FOMC meet. - Nasdaq may see a sharp and accelerated decline. - Something has got to go but BTC will surely fly to $80-$85,000
$DJIA(.DJI)$ - DJI will lead the next crash. A good indicator would be the fast food company revenue decline as consumers opt to not dine out. - Oil prices will continue to decline as demand falls due to a retraction in spending. - Energy Consumption will reduce. - Gold price and Bitcoin will increase in Tandem. -AI bubble will burst before elections. - Rate cuts will happen before elections. - at least 300 banks will be insolvent in the next 70 days. - First Rate cut to be expected before September 2024. - Stimulus packages will be released before October.
$S&P 500(.SPX)$ This will crash by almost 50% By dec. Middle east conflict will trigger the oil price inflation and as oil prices remain at $80/barrel, the participating parties will continue to cut production until it is back to $100-$120/barrel this season. The layoffs have just started and expenditures will increase due to inflation. Citizens Bank Failed Two days ago. Student debt loans are already installed. Groceries are higher priced Credit card loans are the highest now and almost everyone have maxed it out. China's exports have decreased due to low demands. Jobs available are at all time low. One more interest hike is on the table before 2023 closes. This will be the coup de grace. As mortgage repayments will be defaulted. The En
$NASDAQ(.IXIC)$ Middle east conflict will trigger the oil price inflation and as oil prices remain at $80/barrel, the participating parties will continue to cut production until it is back to $100-$120/barrel this season. The layoffs have just started and expenditures will increase due to inflation. Citizens Bank Failed Two days ago. Student debt loans are already installed. Groceries are higher priced Credit card loans are the highest now and almost everyone have maxed it out. China's exports have decreased due to low demands. Jobs available are at all time low. One more interest hike is on the table before 2023 closes. This will be the coup de grace. As mortgage repayments will be defaulted. The End.
$Semiconductor Bull 3X Shares(SOXL)$ This will crash by almost 50% By dec. Middle east conflict will trigger the oil price inflation and as oil prices remain at $80/barrel, the participating parties will continue to cut production until it is back to $100-$120/barrel this season. The layoffs have just started and expenditures will increase due to inflation. Citizens Bank Failed Two days ago. Student debt loans are already installed. Groceries are higher priced Credit card loans are the highest now and almost everyone have maxed it out. China's exports have decreased due to low demands. Jobs available are at all time low. One more interest hike is on the table before 2023 closes. This will be the coup de grace. As mo
$Semiconductor Bull 3X Shares(SOXL)$ Believing in Chart Patterns now seems to challenge all practical approach. Whatever the chart is showing in terms of a rally can be nullified with the uncertainty of the geo political situation in both Ukraine and Israel. Tensions with China and risks in Taiwan tends to show a timely and opportunistic likelyhood of another conflict. Taiwan is important for chips. Rising energy costs, bond yields, continuing inflation in fast food outlets in the US, minimum wage increases, all points towards consumer vulnerability and a shrinking income with less time to spend- busy working to buy basic necessities. Student debt kicked in, highest credit card debts, empty offices,
$Semiconductor Bull 3X Shares(SOXL)$ The crash will happen soon and its in a matter of days before SOXL will be losing all its gains back in July. The curbs and rising tensions between US and China will trigger many complex reactions which would in no way be beneficial to the current economic health of the US. Now we're seeing : - two wars happening , both US has decided to be involved. - funds raising ( bond selling ) - inflationary - Brics and some of US allies de dollarising - student loans repayment kicking in - rising costs of consumer goods - one more rate hike - bank run - oil prices inching up - oil production reduced how long can this sophistry (sorcery) last? Previous crashes all happened in October and we
$Semiconductor Bull 3X Shares(SOXL)$ There seems to be some resistance keeping it at $17-$18 levels. But it will still be bearish and perhaps the black monday of october may repeat itself next week. It will go down further. It will.
$Semiconductor Bull 3X Shares(SOXL)$ This week it will further go down to target price of $15/share. The semicon industry will face the biggest challenge this upcoming days leading to 1st October. Next mth, when the student loans repayment kick in, that will take off a significant chunk of liquidity.