$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ One more positive session. Shanghai closed in the green. At this point it feels like the same tone could carry over to Sensex and Europe. VIX has been left behind for now. Cheers.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ This stock has a shot at reaching $140. The manipulation here is on another level. At some point I think it just breaks out of this choppy action and runs to $300, but before that there will probably be a lot of back-and-forth to shake out retail investors. People who understand the trend and demand will do well, and others will just lose.
$iShares Semiconductor ETF(SOXX)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Today's action was pretty telling. Semis got hit hard early, but then recovered around 50% by the close, while the rest of the market moved higher. There was no real reason for semis to drop that sharply at the open, other than what looks like a big manipulation play. With Asian markets starting off positive, I do expect a meaningful recovery in the next session.
$CoreWeave, Inc.(CRWV)$ CRWV has been building pressure for months, like a volcano with quiet rumblings under the surface and heat rising in the backlog. Some investors keep staring at the mountain and convincing themselves nothing is happening, ignoring the Q2 signals. But that is how volcanoes behave before they erupt. When CRWV does break out, it won't be a small move — it could be a full-force expansion in margins and revenue that catches the skeptics off guard. A remarkable put option crash should be a concern for shorts. Of course, just my opinion.
$CoreWeave, Inc.(CRWV)$ If the 60M shorted shares don't cover into Q3, this will squeeze big time. Revenue growth has reached the inflection point where it's starting to outpace costs, which should ramp up margins in the coming quarters. The smart move right now is to cover and go long.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Chipwreck but not a broad-market selloff, so this should recover quickly. The DOW30 is barely red, so money simply rotated, mostly into energy and healthcare. When money gets pulled out of the market, that's when it gets scary. I'd love to see -20% here today since it would be a massive opportunity like we had a week ago. I personally only buy when stocks dump hard and never chase, but that's just my strategy. And I always enter a new position by selling puts, so I get an even larger discount.