$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Nothing will happen, stay long. Yields have topped. The next Fed action is pointless and too late or too weak anyway. The Fed will be buying long-dated bonds from now on. It's a clown show that doesn't end. Buy gold and stocks. Chips are still the best stocks.
KOSPI to hit 9,300 by EOY. That could rebound $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ back near ATH near $64. A September 8 broadcast on Chosun Ilbo Money, the Chosun Ilbo Economic Department's YouTube channel, featured Moon Nam-jung, a researcher at Daishin Securities, analyzing the direction of the domestic stock market in the second half of the year and strategies for key leading stocks. Despite market anxiety from the Bank of Korea's consecutive base rate hikes and a sharp rise in U.S. Treasury yields, Moon said the KOSPI index could reach the 9,300 level in the fourth quarter, and that semiconductor investments in the leading sector remain valid. $Micron Technology(MU)$
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Anyone else notice what that drop did for AVGO? It landed right on a trend line it has a history of bouncing off hard. Right now it's also showing what looks like a small intraday cup and handle. Just putting it out there for anyone who's watching.