$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I'm holding 127 calls for both the 9/21 and 10/2 expirations, along with my shares. The next major resistance level looks like 150-160. Hopefully we can push higher from here.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 1067.81Up 2.86, or 2.8%, after an opening pop. It has been pulling back since, but on low volume. I'm waiting to see the selling stop, and then there might be another move back up. A lot of the movement is just tracking SKHY, which is also pulling back. So once those memory chips stop pulling back, I'd look for a bounce. They're annoying, but they're the main source of volatility in SOXL, so you have to keep an eye on them.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I honestly don't even care what the price action is today. I've held bitcoin for over 7 years. Nobody touches the discipline of coin holders. The rate hike is priced in at this point. No change means a rally.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Nothing will happen, stay long. Yields have topped. The next Fed action is pointless and too late or too weak anyway. The Fed will be buying long-dated bonds from now on. It's a clown show that doesn't end. Buy gold and stocks. Chips are still the best stocks.