$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ There was some speculation about money rotating out of tech, especially chips, into other beaten-down sectors that could benefit from falling oil and the USD. But the AI boom is just too big to ignore, and it attracted most of the money today.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I'm fully invested now, with a cost basis of $262. It's definitely high, but I think this is the bottom. If you're looking to get in, don't wait for it to get any cheaper. We'll likely go up tomorrow, and if we get lower, I see $262 as the support level.