$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The bears on this board just don't seem to know how to trade it. This is probably one of the easiest leveraged ETFs to trade in the market. Maybe some of the crypto crowd should stick to their meme coins.
MU posted adjusted earnings of $33.42 per diluted share, beating the $31.16 analyst consensus. Revenue came in at $54.23 billion, above the $50.45 billion estimate. Fourth quarter adjusted gross margin improved to 87.0% from 84.9% in the prior quarter. Adjusted operating income rose to $44.64 billion from $33.68 billion, and adjusted net income climbed to $38.40 billion from $28.86 billion. MU also guided first-quarter results above expectations. The company sees first-quarter fiscal 2027 revenue of $61.5 billion, plus or minus $1.5 billion, versus the $56.77 billion consensus. Adjusted EPS is expected at $38.15, plus or minus $1.00, also ahead of the $36.02 analyst estimate. The outlook points to continued strength in AI-related demand. $Micron Technol
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Threw caution to the wind and held my 137 buy from yesterday; sold at 152.07 during the 4 minute window it exceeded. I'll do the same again, but at the lower percentage I target daily.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 65% chance this is a short squeeze continuation. The mechanics are fairly straightforward here. Retail and institutional short sellers who sold the late-day dip are now caught off guard by this $144.60 gap up. When the regular session opens, those shorts will likely be forced to buy back shares to limit losses. If buying volume stays dominant, SOXL has an open air pocket to run straight to $148.00, which would pave the way for a swift move back toward the $150.00 level later this week.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 140.88Down 1.42, about 1%, but it rallied back over VWAP as the end-of-day SKHY and Kospi move lifted QQQ and SOXL. I've seen this setup before, so I got in once I saw SKHY and MU start moving. The overnight action is wild.