$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ It seems like the Mag 7 are trying to raise billions by selling corporate bonds, while the government is also selling US bonds. This competition is driving up bond prices as they go to the highest bidder. I don't think this ends well for AI companies, especially since some early adopters of AI are reportedly reversing course and hiring human workers back.
$Srx Global Inc(SRXH)$ If the situation is really that bad for some of these names, I don't see the point in bashing them so much. There are much larger, more obvious short targets out there, like $SpaceX(SPCX)$ , $NVIDIA(NVDA)$ , or any of the bloated "neocloud" plays like $CoreWeave, Inc.(CRWV)$ , all of which are classic short candidates. For speculative investors, this looks like a strong buy. There's even talk of a potential one-time dividend of 10 percent.
$Corning(GLW)$ The RSI has moved from 21.71 to 28.62. This marks the first meaningful break out of the sub-20 'extreme' zone today, showing a clear upward slope rather than just minor fluctuations. The MACD histogram improved from -1.82 to -0.42, a significant move toward zero. The histogram bars have shifted from deep red to barely negative, with the latest bar showing a small positive tick – the first hint of a potential bullish crossover forming. Price is now converging with the 20-EMA (blue line), almost touching around the $222-224 area. This is the first time today the price has come this close to reclaiming that average instead of being significantly stretched below it. Volume bars have flipped to mostly
The dips don't seem to make any sense... like with Micron. I was buying $Direxion Daily MU Bull 2X Shares(MUU)$ at nearly $800 yesterday, and now it's over $1200. It wasn't even a gamble; it just feels like nobody is actually reading the financial data. Seeing the same thing with $Direxion Daily MSFT Bull 2X Shares(MSFU)$ now... selling based on assumptions, while those of us who actually pay attention to the world outside of Meta all know the earnings are going to be stellar and gap this up 50%.
$Lumentum(LITE)$ I'm adding bit by bit here for the next run up. We might see a move down somewhere between $785 to $800, but this stock is clearly leading the other AI interconnect supply chain stocks. So we add with the leader as it will help navigate the rest of the stocks. The keys I am watching are $Applied Optoelectronics(AAOI)$ , $AXT Inc(AXTI)$ , $IQE Plc(IQEPF)$ , and POET.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ The next dividend for Direxion Daily Semiconductor Bear 3X (SOXS) is $1.12 per share, scheduled for June 30, 2026. To be eligible, shareholders need to hold the ETF before the ex-dividend date of June 23, 2026.
$Applied Optoelectronics(AAOI)$ The chart still looks solid. Bears are being a bit ridiculous here. I wouldn't hold short positions over the weekend. The last couple of big green candles came after OPEX on the following Monday.