$Direxion Daily Semiconductors

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ The S&P 500 is up over 3000 points since it broke out of its 2021 highs. If you look at any stocks that have broken out to new all-time highs, you'll see they tend to have massive upside.

Investors often aren't comfortable buying at highs, but there's statistical support showing buying at new highs actually has a better win rate than trying to buy the lows. That's likely why some missed the bottom and have been fighting this rally all the way up.

We're approaching new all-time highs again, which typically means a significant rally is about to begin. I mentioned this a year ago, and I still see it heading to 9700+. You can lead a horse to water, but you can't make it drink.

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