To The Moon

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ All things considered, I expect a rebound here, driven by continued financial strength in semis and softer Fed commentary.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  I've got a buy order set near the 112 to 114 area. A daily gap fill on SOXX could push SOXL to 114.25. On the hourly, an opening gap fill could see SOXL dip as low as 112.05. Pick your spot for a buy order.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  A one-day 25% correction on SOXX would actually be normal and healthy. It would mean a 75% drop for SOXL, but that would also be an amazing buying opportunity.

SPXWatching 7715 as the pivot, with higher levels at 7730 and 7773, and lower support at 7673. I think we could see some recovery at the open. $iShares Semiconductor ETF(SOXX)$  is down 3.7% at 538.25 and should rebound, and the same goes for SOXL. $Invesco QQQ(QQQ)$  is relatively weak but sitting at support around 720.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  The SOXX index structure is still messy, so volatility shouldn't be a surprise. But the broader setup still looks bullish, and the index will probably keep grinding higher within that channel. Some people seem a bit jaded if they think April-June was normal.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ I'm wondering if Korean investors will cash in on their chip gains when Kospi reopens. Maybe the whole semigroup rides higher into Nvidia earnings next week.

$Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Feels like nothing bad can happen with everyone piling into semis. It just keeps going up.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I remain bullish on semiconductors. A few more earnings reports should push this past 160. Blocking out the noise and holding my position.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Unless inflation hits 10%, I don't see a crash coming. The way metrics are set up, they won't really capture true inflation, so it's unlikely to print that high. A rising market still ends up hurting more people than a dropping one, and that's exactly why I'm bullish. The market seems to want to inflict pain on as many as possible.

$NEBIUS(NBIS)$ Michael is buried again with that $211 short. LOL