$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I've been holding long term and still holding. For any kind of decent recovery, we need to see that $250 to $300 range. Personally, the best approach for me has been to just buy, hold, and not look at the account. It's going to be a bumpy road with more drops along the way.
BlackRock filed a Schedule 13G showing a 6.10% stake in $Redwire Corp.(RDW)$ , officially crossing above the 6% ownership mark. That works out to 14,582,726 shares. This is not the standard quarterly 13F with a lag. A 13G is a mandatory SEC filing triggered when an institution moves past the 5% major shareholder threshold. The world's largest asset manager adding ahead of Q2 earnings, with big money quietly loading up.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I stay away from widowmaker ETFs like SOXS. Those brief green moves tend not to last since the structure itself works against holders. The repeated reverse splits aren't random; it's the negative roll yield, daily resets, and built-in decay eating away at it over time. The way I approach it is buying puts on those bounces. It's less about perfect timing and more about the fundamental flaws baked into the product. A lot of retail gets drawn into these and ends up watching it fall apart.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I'm holding 5,000 shares now. The last round I played went from the 118s to the 160s, around $42 per share. Bought more today at 117.50, which brought my average down to $75.50. This purchase is going to be a very long-term hold for me. Unless there's a major market crash, the market makers can't really put me in the red on this one.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 148.00The market is pushing toward recent highs, while oil is still hanging near lows on the US-Iran de-escalation narrative. The tone feels bullish but cautious. SNDK up 3.7% and MU up 3.6% are leading the charge, but those names can be unpredictable and could suddenly reverse back downward. INTC is up 2.8% but it is on day 2 of a "sell the news" move post earnings, so it could stall out at any time. NVDA is up 1%.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ There's talk of an Iran peace deal again. Seems like we've been here before. Maybe this time it actually sticks. With earnings on the way, I'm thinking the SP could be near 200 by the end of the week.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Google's capex is set to increase through 2027. To stay competitive, the other major hyperscalers will likely need to raise their own capital expenditures around the same period. That seems positive for the broader semiconductor sector.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ SOXL holding onto the gains is good to see. I was hoping for a close around $162, but the volume on SOXX is really light, so maybe that level could come into play soon.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The recent action feels pretty weak, to be honest. It seems like we're stuck in a holding pattern for now, until the geopolitical tensions ease up and we get some blowout earnings to push the market higher.
$iShares Semiconductor ETF(SOXX)$ There was significant buying in SOXX today, suggesting we could see a move of over 10% in the next eight to nine trading sessions. That would likely mean $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ should also move up by around 20%. It's not much compared to the drop we've seen, but this could be the start of a reversal.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ To stay competitive, governments and corporations really have to keep investing in semiconductors. The first one to pull back is likely to lose. I think the whole "market rotation" narrative misses the point here. It's worth looking at any price dips as potential opportunities.