It is not just oil rebounding 3% that can be discounted as a minor plot development, it is Iran making things difficult and risking the wrath of the Donald.
If somehow he believes that this is an egg on his face and that Iran simply will not obey, Mr. Trunp might just decide to press the proverbial button and "wipe out a civilisation" just to look like a big boy, then the jitters and gains now will look like specks of dust on the wind, so small and so inconsequential.
SOXL 4-Day Rally to $80 — Semiconductor Bull Run Still Has Legs?
3x leveraged semiconductor ETF SOXL surged 5.46% to $80.56, extending a four-session cumulative rebound to over 41%, as SNDK's Nasdaq 100 inclusion and broad chip sector strength were amplified by triple leverage. The $80 level was broken for the first time on a closing basis, with $85 as the next resistance zone. After four consecutive sessions of gains, daily reset decay is mounting — continue chasing the rally or start trimming positions?
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