$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$They are alternating semi stocks to avoid soxl rising to not pay out that trader above 37$. Now they are taking it below 36$ to avoid paying that trader it appears.
So they now placed a divergence between the semi stocks and the soxl/soxs etf.
So to trade that - look too short $Sunoco Logistics Partners LP(SXL)$ and go long SXS scalps.
Semiconductor Companies & Industry DIG
The global semiconductor industry has been evolving and growing steadily. Semiconductors are the foundation of contemporary electronics.
What companies in your watchlist? Do you have special comments to share?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments