$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ buying more. Way oversold on trend. Kospi south korean exchange just got totally obliterated from new laws banning leverage ETFs. Will snowball to US market. Lots of stop losses expected. Micron earnings another wild card tomorrow, even fantastic earnings will crash this.
$NIO Inc.(NIO)$ Not sure why people continue to short Nio when its profitable and growing rapidly. But it seems shorts running out of gas. - deliveries expected to excees 50k in June - top seller for over 6 months straight -margins exceeding 20%
$XPeng Inc.(XPEV)$ Hard to buy this. Deliveries plunging. Like Tesla venturing into robotics, but the China discount weighs heavy. May load some under 13.
$Micron Technology(MU)$ people forget there are long time staffs with over millions in stock at such prices. Thanks to new bagholders, they are dumping, including CEO CFO who has been dumping every month. But keep on pumping!!