This is in my opinion like buying oil stocks in the march 2020 crash. Semis to technology is like oil to transport. The world will not survive without either. So I place my long here today confidently regardless of the next few weeks or months. I will hold this until we re-reach our previous ATH which will be sooner than most anticipate. I expect by 2025 this will rereach those highs and achieve a much higher value by 2030. This is a serious chance to change your wealth status. Buy red sale green as always this is not financial advice. Do not be short-sided with this dip. Get in front of big money. Retail is gone from the markets, now all that is left is big money to choose their picks... high probability this bounces soon major.
I think we need to look at the nature of the fund itself, too. Obviously this 3X doesn't track SOX well. SOX bounced but it doesn't. Any idea how the fund's pricing is done??
RomichKep
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How do you think a hypothetical Chinese invasion of Taiwan would affect semiconductor companies? As far as I know, all companies in this index are American, such as Texas Technologies, Broadcom, AMD (look at the official website of the index). But microchips are still mainly produced by Taiwan. I am not sure of the dependence of these companies on TSMC and their products in the technical dimension.