To The Moon

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Looks like a pretty significant bottom is forming around $169.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  It's down quite a bit, back to where it was seven weeks ago. Still up 275% year-to-date, though.

I'm looking at this as a potential buying opportunity. Nasdaq futures (NQ_F) are down about 720 points. We've seen the Nasdaq swing plus or minus 1,000 to 1,200 points on a single volatile day recently. From today's high, it's dropped roughly 1,000 points. On days like this, selling often continues into the close, but I've also seen meaningful rebounds in the last 30 to 60 minutes. Right now, we're about -5.5% from the all-time high. Back in the second week of June, it dropped to -8%, and to -6% in the fourth week. Both times, it staged a strong rebound from those levels. I'm watching for a similar reversal somewhere between the -6% and -8% levels. The market seems uneasy with the massive hyperscaler spending. However, in their defense, customer demand is still far exceeding current AI com

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Soft jobs data is weighing on the US dollar and boosting the market, as it reduces the likelihood of further rate hikes.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Looks like this could be the final dip to buy. I think it could end the day green and the week up 9-10%.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The SOXL ETF shows buy signals from both short-term and long-term moving averages, which points to a positive outlook for the ETF.

$iShares Semiconductor ETF(SOXX)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Invesco QQQ(QQQ)$ Last time there was a split, it was a couple of years back around the $600 level. A firm like BlackRock should be thinking about it right about now.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  The money is transitioning from stocks like PLTR, TSLA, BABA to semis. The shift is visible. Semis will eat all that money. Even from crypto. lol

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Uptrend dip bouncing off the 50-day average.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ AI isn't going anywhere!