$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Quite a move. Feels like a classic Jensen rally with the market running on that humanity-ready-through-2030 theme. Not entirely sure that's the most reassuring message, but the market seems to love it.
Looks like another overshoot, and once the euphoria settles, the market will probably rebalance. That's the tricky part about holding long term. Short-term swings get so extreme that it feels unreasonable not to take some profits and add some shorts.
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