$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  I think it could easily reach $200 by Monday's open.

The upcoming CPI and PPI reports are likely to have a significant impact on the market, as they will be the first major inflation data since the war that reflects the sharp drop in oil prices in June. I think we could see cooler inflation readings, which might lead the Fed and the market to dial back their hawkish stance on potential rate hikes. That scenario could put downward pressure on the dollar and Treasury yields, potentially fueling a market rally. Sectors that are sensitive to interest rates, like tech and small caps, along with precious metals, could be key beneficiaries. $Invesco QQQ(QQQ)$  $Direxion Daily Small Cap Bull 3x Shares(TNA)$  $iShares Si

$Meta Platforms, Inc.(META)$ Meta's plan to invest $9.1 billion in an AI data center in Canada is a significant move. Some analysts had speculated that when Meta mentioned renting out unused compute capacity, it was an early indicator of overbuilt data centers, which contributed to the sell-off in chip stocks. Honestly, that view seems off the mark. The reality is that hyperscalers are continuing to ramp up their investments in AI infrastructure. In addition to Meta's $9.1 billion commitment, Amazon has also announced a $25 billion debt offering to fund more AI data center construction. This is positive news for the semiconductor sector overall, and particularly for memory-related companies. $Micron Techno

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The put-call ratio for US stock options has been dropping sharply and is now at an all-time low. This typically signals very bullish sentiment in the market.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ For those who got in at $155, congrats. I've been averaging down and my December 2024 calls at $160, $165, $170, and $172 are all doing well. It feels like a bottom might be in. Micron's forward P/E is now around 9-10x, which looks very cheap. Honestly, a lot of the companies in this sector seem to be in a similar valuation range. With valuations this low, money could start flowing back in. If it weren't for the geopolitical tensions right now, I think the stock could be over $300 without much trouble.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  200July 17 calls are in place. The short-term chart looks oversold, and the recent strikes might be setting up a tactical move. Semis could see a decent move up before the week is out.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The top 10 holdings are unlikely to stay down for long.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ It might be okay if we can just stay cool with this overnight action.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  The stock is moving up steadily, like the little engine that could.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I added some NVDA at $195.58. I might also buy more if the market offers a lower price, as I think that could be a good opportunity. Watching SPY, QQQ, and SOXL as well.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Look at the volume from late last night. It's unusual to see that level of activity at such an hour. Chip stocks have a lot of long-term growth potential ahead. So who would be trying to push them down? It seems like some market participants might be. Basically, nearly every major analyst has a long-term bullish outlook on the sector, with several stocks appearing undervalued. So who would want to short that? This isn't about risky subprime mortgages. It looks more like some institutional players who might have gotten too aggressive with their hedges and are now in a tough spot on their put positions. They could be trying to salvage those positions before the broader uptrend in chips resume

$Roundhill Memory ETF(DRAM)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $SPDR S&P 500 ETF Trust(SPY)$ In an exponential market, the quickest path to gains is riding an exponential trend with leverage.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  quick flip and out! $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  time to continue!

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Looks like a pretty significant bottom is forming around $169.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  It's down quite a bit, back to where it was seven weeks ago. Still up 275% year-to-date, though.

I'm looking at this as a potential buying opportunity. Nasdaq futures (NQ_F) are down about 720 points. We've seen the Nasdaq swing plus or minus 1,000 to 1,200 points on a single volatile day recently. From today's high, it's dropped roughly 1,000 points. On days like this, selling often continues into the close, but I've also seen meaningful rebounds in the last 30 to 60 minutes. Right now, we're about -5.5% from the all-time high. Back in the second week of June, it dropped to -8%, and to -6% in the fourth week. Both times, it staged a strong rebound from those levels. I'm watching for a similar reversal somewhere between the -6% and -8% levels. The market seems uneasy with the massive hyperscaler spending. However, in their defense, customer demand is still far exceeding current AI com

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Soft jobs data is weighing on the US dollar and boosting the market, as it reduces the likelihood of further rate hikes.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Looks like this could be the final dip to buy. I think it could end the day green and the week up 9-10%.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The SOXL ETF shows buy signals from both short-term and long-term moving averages, which points to a positive outlook for the ETF.

$iShares Semiconductor ETF(SOXX)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Invesco QQQ(QQQ)$ Last time there was a split, it was a couple of years back around the $600 level. A firm like BlackRock should be thinking about it right about now.