JesseRW
JesseRW
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avatarJesseRW
10-02 05:36
$iShares Semiconductor ETF(SOXX)$ $VanEck Semiconductor ETF(SMH)$ $Roundhill Memory ETF(DRAM)$ There is a setup forming on SOXX and SMH on the daily chart that could push price into next week and maybe further. A higher high with a green candle would open up continuation into next week and potentially the next apex. DRAM looks like it is a day or so behind in this setup and still needs further confirmation. $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ 
avatarJesseRW
10-02 04:54
$VanEck Semiconductor ETF(SMH)$ +1.5% $617.83 $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  +4.1% ~$154 | Long $111.50 (Sep 4) +$42.50 / +38.1%. Full size. No trims. Stop trailed to $127.8. $600.50 was last week's break. Another day holding above it now: low $607.25, close $617.83. Path from here is the prior highs, $650–$672. The 50MA under price started curling up this week. That is the new tell. RS ratio +8.5%, first reading like that since June. Momentum leading at +16.2%, not seen since April. Volume on the dry side. Holding above $600 matters for momentum. Holding above $580 matters for the trend.
avatarJesseRW
10-02 02:13
$Cerebras Systems(CBRS)$ Here's where things stand right now. With sentiment this soft, I've adjusted my initial order from 170 down to 161.
avatarJesseRW
10-02 00:34
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Seeing a lot of bottoming alignment in the tape right now. Started building a position in SOXL.
avatarJesseRW
10-01 04:08
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I don't think this is over yet. That was an awesome earnings report, unless I'm reading it wrong.
avatarJesseRW
09-30 21:09
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Not financial advice. Is that a double bottom followed by a bull flag on SOXL, and is it setting up to move much higher from here?
avatarJesseRW
09-30 18:42
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Bear math: it just can't keep going up. No fundamentals. No reasoning. Just the idea that it can't keep going up. Well, you clearly haven't traded Direxion ETFs much. I've watched $Direxion Daily Junior Gold Miners Index Bull 2X ETF(JNUG)$  spike from $100 to $200 in a single day. TECL went from 50 to over 200 in a month. SOXL recently moved from 90 to 150 in less than 2 weeks. If AI is overextended, don't you think TECL would be down the hardest? The messages I get are fuel to this fire. SOXL $200 and SOXS back to the teens and under. Nobody buying SOXS is making money.
avatarJesseRW
09-29
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 141.75Reclaimed VWAP, pulled back to touch it, and now bouncing hard again, already pushing toward green. Acting squeezy. DRAM names like SK Hynix, MU, and SNDK are running hard. Had been waiting for MU to finally make a move. Just wish it had waited for the premarket session, since I only have one account with overnight access.
avatarJesseRW
09-28
$Microsoft(MSFT)$ Price is moving inside an uptrend channel and getting close to the supply zone. From here, a push higher into supply still looks likely. If supply rejects, that could set off a move to the downside. Bias: bullish toward supply, with some downside risk right at the zone. $Intel(INTC)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 
avatarJesseRW
09-28
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 141.32Chips are still weak, with SOXX down 12.79 to 559.89 and QQQ off 0.9%. The only thing circulating is more talk that an AI slowdown is needed for safety. To me this is all FUD — nobody is slowing down for nothing. MU earnings are due Wednesday.
avatarJesseRW
09-24
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ $iShares Semiconductor ETF(SOXX)$ Noting the hammer candle at the close. Bullish setup if the cup and handle pattern completes.
avatarJesseRW
09-24
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Could see 155-160+ within a couple of days, if not by the end of the week.
avatarJesseRW
09-23
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ If you don't think we're going to see new highs above $302, you're just not paying attention to the economy or the AI/semiconductor revolution.
avatarJesseRW
09-22
Stocks had a strong session Monday as oil prices dropped and AI-related enthusiasm picked back up. Tech led the rally, while Bitcoin moved higher too and added to the broader confidence in the market. Attention is now on the upcoming Trump-Xi meeting, especially around trade and AI developments, though higher interest rates and Middle East tensions remain risks. Overall, sentiment looks bullish given the tech momentum, lower oil prices, and gains across the major indexes. $ProShares Ultra Bloomberg Crude Oil(UCO)$  $Invesco QQQ(QQQ)$  $ProShares UltraPro QQQ(TQQQ)$  $Direxion Daily Semiconductors Bull 3x Shares(
avatarJesseRW
09-21
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I have a clear sense of where this is headed. Once this war is over, it's hard to imagine this not running to all-time highs.
avatarJesseRW
09-21
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  I'm holding 127 calls for both the 9/21 and 10/2 expirations, along with my shares. The next major resistance level looks like 150-160. Hopefully we can push higher from here.
avatarJesseRW
09-18
avatarJesseRW
09-18
$Occidental(OXY)$ Nice recovery off the dips. $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  paid off in a big way. I'm adding $Norwegian Cruise Line(NCLH)$  on the dip. Plenty of AI names got sold into strength, but $Cipher Mining Inc.(CIFR)$  and $FuelCell(FCEL)$  also paid off nicely.
avatarJesseRW
09-18
$Intel(INTC)$ That's the way to do it... a dollar gain at a time. 107, 108, 109, 110, 111... headed to at least 118, I hope. $iShares Semiconductor ETF(SOXX)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Roundhill Memory ETF(DRAM)$  $Invesco QQQ(QQQ)$ 
avatarJesseRW
09-17
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  1067.81Up 2.86, or 2.8%, after an opening pop. It has been pulling back since, but on low volume. I'm waiting to see the selling stop, and then there might be another move back up. A lot of the movement is just tracking SKHY, which is also pulling back. So once those memory chips stop pulling back, I'd look for a bounce. They're annoying, but they're the main source of volatility in SOXL, so you have to keep an eye on them.

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