To The Moon

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ This one has been really tough to get moving. $Broadcom(AVGO)$  is probably giving it a bit of a push now.

$SPDR S&P 500 ETF Trust(SPY)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Broadcom(AVGO)$ Posting the screenshots here. The original print was 13B, which was a big miss. It sold off hard after that, and then came the correction. But some still seem to think it sold off hard on a beat. From where I stand, people might be owed some money here. This looks like market manipulation, plain and simple.

$SPDR S&P 500 ETF Trust(SPY)$ Wild situation here. Fake numbers got posted for Broadcom and that triggered a big sell off. The data has since been corrected, but the stock is still in the red. I don't think people fully realize what's actually happening. $Broadcom(AVGO)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Invesco QQQ(QQQ)$ 

Bad job numbers on Friday could actually give the market more room to run. The weaker-than-expected ADP number cut the September rate hike probability from 68% to 62%, which took some pressure off the dollar and the 10Y yield, allowing the market to bounce. Falling oil prices from their overnight highs also helped. ADP matters, but it doesn't carry as much weight as the Friday Non-Farm Payroll numbers. So I went through some historical data to see how often ADP acts as a reliable leading indicator for NFP. Over the past 40 months, ADP and NFP both missed or both exceeded forecasts about 40% of the time. In the other 60%, they diverged, with one missing and one exceeding. $SPDR S&P 500 ETF Trust(SPY)$ 

ADP jobs came in worse than expected, but the market bounced anyway. On top of that, we still have several events ahead: Initial Jobless Claims, nonfarm payrolls, the 10Y auction, PPI, CPI, the FOMC rate decision, and the Clarity Act vote. $SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ)$  BTC.X $iShares Silver Trust(SLV)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ What has changed today? Nothing? Yet. CVX is officially investing 7B in Venezuela. That is great news on its own, though it will take years to play out, so no immediate impact.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ $ProShares UltraPro QQQ(TQQQ)$ $ProShares UltraPro Short QQQ(SQQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ Oil prices will keep rising. For 10 years.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  All things considered, the market's reaction to a 400 point drop is encouraging, to say the least. Would be nice to see it push higher into the close.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $NVIDIA(NVDA)$ $Micron Technology(MU)$ $iShares Semiconductor ETF(SOXX)$ If AI delivers what it's expected to, we're heading much higher from here, at least back to ATH. Ignore the noise and stay with it.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ SOXX update. I'm still expecting the next bounce to target the 583-600 zone. The catch is that it needs buyers to step in and defend the 500 area to set that up. NVDA's earnings call offered a rosier tone for semis, but the follow-through didn't last and we saw another red candle. If price can stay supported near 500, there's a reasonable chance of at least trying for the 560 area again. Timing matters, though, and this needs to happen without dragging on. A convincing close below 500 on SOXX with real selling pressure would flip the setup bearish and point to