SOXL is a leveraged ETF that tracks the NYSE Semiconductor Index at 3 times its performance. It is like a turbo charged version of the said Index and a Bullish Tactical Bet. The Top 10 holdings include Broadcom, Nvidia, AMD, Qualcomm, Texas Instruments, TSMC and many more. SOXL is not suitable for long term hold due to its compounding nature.
Semiconductors are the picks and shovels of the AI revolution. I believe this is just a temporary setback for the semiconductor sector and will certainly recover in the long term.
@TigerClub @CaptainTiger @Tiger_comments @TigerStars
| Side | Price | Realized P&L |
|---|---|---|
| Buy Open | 22.20 | +454.24% Holding |
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