Semiconductor companies have been hitting all-time-highs recently. But it's hard for investors to pick which one is the best.
How about investing in SOXL?
Will you buy the ETF or trade options?
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ There will be a pullback from here on. The two stocks holding this etf is AVGO and NVDA whereas the rest of the semiconductors, the constituents are already facing the heat trying to play catch up to meet their all time highs. Yesterday, we see a substantial pull out of money, with each constituents posting an average of 3% decline. We will see more as many investors are selling at the top. Oil prices will continue to surge back to 90USD and climb to an eventual 120USD as demand will increase due to the upcoming weather changes happening soon as countries refill their stockpile in preparation. Treasury bonds are being dumped by central banks. Other
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Wanted to close at 20%, but then decided since we're in a bull run now, there'll be another chance to enter! Will watch price action tomorrow to decide if i should enter again. Taking profits never made a man poorer!
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ There will be a pullback from here on. The two stocks holding this etf is AVGO and NVDA whereas the rest of the semiconductors, the constituents are already facing the heat trying to play catch up to meet their all time highs. Yesterday, we see a substantial pull out of money, with each constituents posting an average of 3% decline. We will see more as many investors are selling at the top. Oil prices will continue to surge back to 90USD and climb to an eventual 120USD as demand will increase due to the upcoming weather changes happening soon as countries refill their stockpile in preparation. Treasury bonds are being dumped by central banks. Other
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Wanted to close at 20%, but then decided since we're in a bull run now, there'll be another chance to enter! Will watch price action tomorrow to decide if i should enter again. Taking profits never made a man poorer!