$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Most are up 2% to 3%? I'd still call that consolidation on individual names. SOXL is doing much better. I'll be watching that 258 level again. Someone really seems to like that number.
$Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ KOSPI closed up 1%. It's not a huge gain, but it's significant given the potential pressure from the National Pension Service (NPS) rebalancing. Here's what's been happening: - The domestic stock holding cap was raised from 14.9% to 20.8%. - The additional buffer was increased from ±3% to ±6%. - An extra 2% flexible band is also allowed. - In total, NPS can hold up to 20.8% + 6% + 2% = 28.8% of domestic stocks. This fund is essentially equivalent to a Social Security fund. Expert speculation is that due to the rapid rise in Samsung and SK Hynix shares, the domestic holdings are estimated to have grown to around 30% to 31.4%, exceeding the 28.8% cap. Analysts estimate that NPS has been sel
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 245.25Another overnight gain of +8.7 (+3.7%), hitting new highs. A super bounce from this morning's $192.30 cliff dive, incredible +28% in less than 24 hours. Who needs to invest long-term when you can get these kinds of returns in a day? Daytime today would've been even better with leverage.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Only down $66k since last Thursday. Not too bad. I think it could reach $320 by the end of next week. Was over $100k down last week. Still holding because I'm bullish on all my stocks and ETFs. I believe I'll be up $100k by the end of summer.