$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ SOXX update. I'm still expecting the next bounce to target the 583-600 zone. The catch is that it needs buyers to step in and defend the 500 area to set that up. NVDA's earnings call offered a rosier tone for semis, but the follow-through didn't last and we saw another red candle. If price can stay supported near 500, there's a reasonable chance of at least trying for the 560 area again. Timing matters, though, and this needs to happen without dragging on. A convincing close below 500 on SOXX with real selling pressure would flip the setup bearish and point to

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  The market looks set for a major pullback, which could push it toward 20 or below. At that point, it would be a great buy.

Whether US debt is high, bond yields are up, delinquencies are rising, offices sit empty, or stagflation looms, the market keeps grinding higher. Not joking. $Invesco QQQ(QQQ)$  $SPDR S&P 500 ETF Trust(SPY)$  $Micron Technology(MU)$  $NVIDIA(NVDA)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 

The biggest short squeeze is coming. Get ready. $Invesco QQQ(QQQ)$  $SPDR S&P 500 ETF Trust(SPY)$  $Micron Technology(MU)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $NVIDIA(NVDA)$ 

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The end-of-day spike paid me in cash. BTC 2 Aug 28 120p at 2.40 each, a 60% win. Not really concerned about what happens next.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Not tax advice or stock advice. I'm holding to avoid triggering the wash sale rule myself. The 61-day window covers 30 days before the sale, the sale date, and 30 days after. If you trigger it, the capital loss can't be deducted on your current-year return. Instead, the disallowed loss gets added to the cost basis of the new shares, which delays the tax benefit until you eventually sell that position.

For optical traders, three columns worth noting: the last column is percentage up from the 52-week low, second from last is percentage down from the 52-week high, and third from last is RSI. I didn't realize $Applied Optoelectronics(AAOI)$  was down 51% from its 52-week high, but still up 515% from the 52-week low. That's pretty impressive. $Fabrinet(FN)$  only managed a 39% gain from its 52-week low while the others are showing triple-digit gains. Value buying? $Lumentum(LITE)$  leads the group with a 651% gain off the 52-week low. The frustrating part is I traded in and out and didn't capture much of that move.

$NVIDIA(NVDA)$ A $3 trillion market cap company with a 70% growth rate expected for the upcoming year. That kind of growth at this size is hard to wrap my head around. I've never seen anything like it in my lifetime. $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ 

Puts got crushed, covered calls got crushed too. Shorts are under pressure to cover, and margin calls are getting close. The bear case is basically gone at this point. This is what tends to happen when you fade me. $Invesco QQQ(QQQ)$  $SPDR S&P 500 ETF Trust(SPY)$  $Micron Technology(MU)$  $NVIDIA(NVDA)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ STO 2 Sep 25 95p @ 6.60 ea. That's some good money right there!

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Nvidia has historically had a very high probability of beating Wall Street expectations, estimated at over 90%. The company has one of the strongest earnings track records in the modern stock market.

$CoreWeave, Inc.(CRWV)$ $Intel(INTC)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $NVIDIA(NVDA)$ $Tesla Motors(TSLA)$ Yep. Stock prices are behind. They have to catch up. Bullish.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The recent price action feels like a trap to me. The AI fundamentals are still intact. We've gone through a correction, and at this point a resumption of the momentum trade seems due.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  These semiconductor companies are actually generating real profits. They aren't the kind of dot-com trash we saw back in the 1990s.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ $Roundhill Memory ETF(DRAM)$ I think these two instruments could see a substantial move higher. $150 for SOXL seems reasonable to me.

$Micron Technology(MU)$ $SanDisk Corp.(SNDK)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Defiance Daily Target 2X Short MU ETF(MUZ)$ $Tradr 2X Short SNDK Daily ETF(SNDQ)$ People around here keep saying oil, gold, and silver are taking off. Feels like we're heading into a golden age for these.

$iShares Semiconductor ETF(SOXX)$ OpenAI CFO Sarah Friar mentioned that Anthropic could go public in September. That likely explains the big move in software recently, and I suspect the semi sell-off is getting close to running its course. Not saying it's over, but it feels like we're getting near that point. $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Roundhill Memory ETF(DRAM)$  $SPDR S&P 500 ETF Trust(SPY)$ 

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ First there was a massive sell-off, then Citadel came through with a liquidity sweep trying to flush out Leopold, and now SOXS wants to take it down. It's the most hated ticker on Wall Street, and that's why I'm a proud owner.

$ProShares UltraPro QQQ(TQQQ)$ Before I take my next position, I want to get a sense of how many people are buying and holding this overnight. $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 

Bought $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  for daytrading. I think it hit the low of day and is building a double bottom on the 3-minute chart. $Roundhill Memory ETF(DRAM)$  was bought in my regular account. If it bounces here and holds up into the close, maybe I'll treat it as a swing.