To The Moon

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ It's easy to forget we're in a bull market. This recent move looks like a rotation—markets need to broaden out, which is actually healthy in a longer-term uptrend. The volatility might seem dramatic, especially if someone is trading a leveraged 3x ETF rather than investing. Overall, I view this as a bullish signal. Semiconductors aren't collapsing. If you're holding these leveraged instruments for the long term without understanding their mechanics, that's a different issue. Personally, I'm adding to SOXL on $5 dips, treating the fear as a trading opportunity.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ It opened above $150 and closed over $160. It feels like the panic selling might be over, and bargain hunters could start pushing chip stocks higher.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  As I mentioned, a temporary loss isn't a big deal if you're confident you could buy back at a lower price. Tech is the future, provided things don't go off the rails.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ PPI came in at -0.3%, compared to the 0.0% forecast and 0.6% the previous month. Combined with the CPI data, these are signals of cooling inflation. Next up is the PCE data at the end of the month.

KOSPI's gain of 8.25% has helped lift $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  and QQQ.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Looks like it's creeping up toward the 190s. Have chips bottomed on the 50-day moving average? $ProShares UltraPro QQQ(TQQQ)$  $ASML Holding NV(ASML)$  $iShares Semiconductor ETF(SOXX)$  $Aehr Test(AEHR)$ 

$SK hynix(SKHY)$ $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ KOSPI opens up 3.42%. $iShares MSCI South Korea ETF(EWY)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Invesco QQQ(QQQ)$ 

$Intel(INTC)$ Earnings are coming up next Thursday, and past reactions have been pretty wild. The last quarter's report actually led to one of the better post-earnings moves, given the improving situation back then. So it'll be interesting to see if we get a repeat, especially now that the stock has pulled back about 25% from its 52-week high.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ As anticipated, CPI came in much cooler at -0.4% for the month, lowering the annual rate from 4.2% to 3.5%. PPI is also expected to be cooler. Banks beat both top and bottom line earnings, though they're pulling back a bit—not entirely sure why on that move. The USD and the 10-year yield are dropping on the news. If it weren't for surging oil prices, the market would likely have seen a much bigger rally.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Looks like smart money is moving into SOXL.