JesseRW
JesseRW
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avatarJesseRW
12:34
NQLooking at the Nasdaq futures chart, the 28,408 to 29,000 area has been a pretty solid support zone since May, outside of that brief capitulation in July. Last week's hard selloff held right at 29,000, and the more recent selloff tried to bounce from there until a sudden spike in oil pushed it down to 28,823. As oil retraces, NQ is crawling back up. Since early October, NQ has been making lower highs and lower lows, with every rally attempt rejected at the upper boundary of that downtrending channel, including the most recent one. NQ still needs to break through the stubborn resistance at 30,178 to make a new all-time high. Most likely this selloff has capitulated, and the market should rebound somewhat going forward, but if it does fall more, the 28,408 level looks like the next support
avatarJesseRW
06:45
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Looking at the RSI chart, SOXL's RSI looks ready to bounce off the trend line. There's also an inverted H&S setting up. Minor earnings from AMZN, INTC and others, plus the Tuesday election, seem to be keeping traders cautious.
avatarJesseRW
06:09
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ $iShares Semiconductor ETF(SOXX)$ $Intel(INTC)$ I'm guessing SOXX will reduce INTC and shift more funds into names like AMD that look ready to climb back up. They'll figure out where the best opportunity is going forward. SOXX should bottom out quickly at the white line, and then semis should all start climbing in a risk-on move. After the Tuesday election, semis will take control.
avatarJesseRW
10-29 09:28
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  I had a $3.00 trailing stop-loss on it, and it auto sold at $101.76 on the dip before I woke up. It's all good. I did 18.22% on it in a tax-free Roth since I bought it last week. I'll jump back in again.
avatarJesseRW
10-28 23:55
$Netflix(NFLX)$ $Uber(UBER)$ Taking a starter position on these two at their 52-week lows, with an eye on where things stand a year from now. Target date October 30th 2027.
avatarJesseRW
10-28 04:55
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Small-time profit takers are skimming gains after hours. I'm waiting for the bigger moves.
avatarJesseRW
10-28 01:26
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 140People saying they took profits are just trying to get your shares to cover. A $60 retrace from $83 puts it at $143.
avatarJesseRW
10-28 01:17
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ For anyone who missed the bottom in semis, I grabbed $Direxion Daily MSCI Brazil Bull 2X Shares(BRZU)$  at 57. Still think there's a long way up from here. The market overreacted. Brazilian stocks have done well under the current administration, and $Nu Holdings Ltd.(NU)$  and $Direxion Daily MSCI Brazil Bull 2X Shares(BRZU)$  should keep recovering into year end. My motto is never let a good crisis go to waste.
avatarJesseRW
10-27
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $iShares Semiconductor ETF(SOXX)$ $Invesco QQQ(QQQ)$ Is software dying? Hard to say. But $Microsoft(MSFT)$  laying off 60,000 employees is no laughing matter. They're the bellwether for software.
avatarJesseRW
10-27
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ When I bought 1,000 shares at $8, everyone said I was crazy. Sold at $190, and now I'm back in at $84. What a gift.
avatarJesseRW
10-27
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Moving stops up with FOMC coming Wednesday. The daily chart looks like the 50-day is about to cross above the 200-day moving average. I'm keeping stops in place to lock in gains and waiting for another entry. Still adding to $GraniteShares 2x Long NVDA Daily ETF(NVDL)$ , $ProShares UltraPro QQQ(TQQQ)$ , and $Intel(INTC)$  with earnings this week.
avatarJesseRW
10-27
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ DOE30 gave back 250 points since 10:15am as the market rotates back into semiconductors. And that's us.
avatarJesseRW
10-26
$Micron Technology(MU)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Things are starting to line up nicely heading into earnings season, and the numbers should show money is being printed at a massive scale.
avatarJesseRW
10-26
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ If you use AI at work and don't even work in IT, you know you can just buy and relax. It saves me 16 hours a week, and my work comes out more polished.
avatarJesseRW
10-26
$Sea Ltd(SE)$ Going against the crowd seems to be the way to make money in this market. Puts are the way. $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ 
avatarJesseRW
10-26
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Sideways and range bound until Wednesday afternoon. After the Fed, nothing much happens, and then it takes off higher.
avatarJesseRW
10-23
$iShares Semiconductor ETF(SOXX)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Every time we get this oversold, the next move tends to be sharply higher. I bought the dip.
avatarJesseRW
10-23
$iShares Semiconductor ETF(SOXX)$ Moved out of $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  on this drop. Now I'm slowly scaling into $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ , though it could still waterfall. Not financial advice.
avatarJesseRW
10-23
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I don't get it. I thought chips were pretty well liked across the board.
avatarJesseRW
10-22
NQLooking at the top 20 Nasdaq market cap stocks, most of the overnight selling seems to be led by chips. $iShares Semiconductor ETF(SOXX)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $VanEck Semiconductor ETF(SMH)$  $Roundhill Memory ETF(DRAM)$ 

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