TQQQ & SOXL Skyrocket! Can 3x Leverage Amplify Gains for Rebound?
The 3x Nasdaq ETF TQQQ surged 8.72% to $48.00, converting a roughly 3% Nasdaq gain into a near-9% single-day return as the ceasefire-driven rally delivered an outsized boost to high-beta tech leverage vehicles. The 3x leveraged semiconductor ETF SOXL rose 6.64% to $71.98, extending a two-day rebound to over 27%, powered by SNDK's record high, Micron's continued advance, and Intel's Terafab narrative. Is TQQQ a powerful tool for capturing upside — or is daily reset decay quietly accumulating at these levels? What's your read on SOXL's move — are you still holding?