$AVGO 20261127 310.0 PUT$ Pullback from highs, AVGO is trading near $327–$328, down significantly from its 52-week high around $495. It recently tested support levels near the $320 area. Holding on.
Google or $Alphabet(GOOG)$ Hold. Confirm that the short-to-medium trend remains intact (20 EMA above 40 EMA, price holding above key support lines) before adding subsequent tranches. Therefore support is clear, holding big position. Important to define if AI is able to monetize.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ SOXL seeks to deliver 300% (3x) of the daily return of its underlying index (the NYSE Semiconductor Index, which covers top chipmakers like Nvidia, AMD, Broadcom, and Intel). Because leverage resets daily, returns over periods longer than a single day do not equal 3x the cumulative index return. In volatile or sideways markets, compounding reset losses (volatility decay) erode performance even if the underlying index stays flat. The swing recently allows fast returns.
$Direxion Daily META Bull 2X ETF(METU)$ Strong reports from Celestica (CLS) and Meta (META) provide strong confirmation of solid AI/Data Center demand, but they do not mean the macro environment, mid-term uncertainty, or inflation concerns are entirely behind us. Market cycles historically experience "earnings noise" during mid-term geopolitical, fiscal, and regulatory transition periods. Strong earnings from hardware suppliers (Celestica) can sometimes be a leading indicator of capacity builds, but the market will continuously test whether end-user adoption generates high-margin software returns fast enough to sustain current valuations. However, treating this as a signal that macro inflation or mid-term volatility is over mistakes a localized
Aug has always been a bullish month. Recent volatility shows constant indication of possible 10% correction. That may happen before Oct. Always keep cash for the dip which is the winner formula for 2026.