MHh
04-12 12:10
I have never bought SOXL because it as too volatile and greatly dependent on how the war pans out which none of us have any control over. Commodities is something that I would never touch because there is no fundamentals to speak of that can justify any growth. It is largely dependent on the balance between supply and demand, of which usually the control comes at the supply side. Unfortunately, this is something that none of us have control over. Moving forward, I would stick to my convictions. I wouldn’t be leaning into the 3x ETFS or the 1x core holdings specifically unless it is already part of the general diversified ETFs that I buy into. As it is, peace talks just failed so the rebound for SOXL might slip back. Overall, I find it safer to buy into diversified ETFs or beaten down tech stocks for future returns. @SPOT_ON @HelenJanet @Success88 @DiAngel @LuckyPiggie @Universe宇宙 @Fenger1188 @SR050321 @SPOT_ON @Kaixiang come join
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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