$Micron Technology(MU)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ We're going to kick off the week with more red? After all these years in the market, I have to say it's always interesting watching how they pin these stocks all over the place. Not exactly rigged, not exactly fair either, just brutal money extraction on every move.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ It's a shame the markets don't see a potential rate hike as a good thing. High inflation has been hanging around for too long now. If rates go up, spending slows down, and inflation should come down.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Second-guessing myself after the open, I watched it touch 115. Volatility at its finest. This stretch has been tough, and the prior session wasn't any easier. I actually stepped into a 20-point freefall, and if I hadn't understood what I was looking at, I would have sold. Now I'm just hoping the run resets and coils back harder than ever.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I can't even grasp how many of these shorts got caught off guard. Honestly a bit amusing. I've kept pointing to the PCR and options side. Happy chasing. CPI reading and more banks are next, followed by ASML and TSM.