To The Moon

Chips and select techs are leading the market up. $SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ)$  $iShares Semiconductor ETF(SOXX)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $ProShares UltraPro QQQ(TQQQ)$ 

Chips and select tech names are leading the gains for now. $Invesco QQQ(QQQ)$  $SPDR S&P 500 ETF Trust(SPY)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Roundhill Memory ETF(DRAM)$  $iShares Semiconductor ETF(SOXX)$ 

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  106.14SOXL is up 2.15 points, or 2.1%, in overnight trading but has pulled back from the 108.30 overnight highs. SKHY is up 2.4% and DRAM is up 1.9%. Honestly, they should just rename DRAM to YOYO because it keeps going up and down, down and up. You wait for it to finish going down, then you hop on and it goes right back up. Watching SKHY, DRAM, MU, SNDK, and the others. When the sector rallies, SOXL rallies. When they dump, SOXL dumps.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ We keep making higher lows. Price action is what matters here. Everything else is just noise.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  60% of the board was saying we'd hit 90 today. We're trading green though. Some people are going to learn the hard way. 110+ by Friday.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ There's a chance we don't see a rate hike. I know the probability is high, but if there isn't one, I can see a surge rally. Either way, I just don't think a rate hike does much to SOXL at this point. It's been priced in all week.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Hiking 25 bp is pointless. The 2 year treasury is already at 4.7 and restricting nothing with inflation still running hot. This is still a bull market, same action as back in March before the big move up.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I got back in at $101.39. Holding overnight into tomorrow.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  I'm still leaning bullish into December, especially if higher lows keep getting put in.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Jim, I'm one who can prove you wrong. I bought 10,000 shares on October 11, 2022. I rode it up to $70.00, then back down below $8.00, and never sold a single share. I have now sold a third of my position, some at $225 and some at $250. We will see higher highs.