SOXX On July 10th and August 29th, SOXS closed at the same level. During this period, SOXX declined only marginally, from 246.5 to 245.33—representing a loss of less than 1%. To put it in perspective, on July 9th SOXX closed at 244.10, and by August 29th it stood at 245.32. Under normal circumstances, one would expect SOXL to remain relatively stable given these minimal movements in SOXX.
However, this was not the case. SOXL fell from 26.63 to 26.04 over the same timeframe. The discrepancy between the relatively flat performance of SOXX and the disproportionate decline in SOXL raises concerns about the structural design and integrity of this leveraged ETF. The numbers suggest that it does not accurately reflect the underlying index performance, which may mislead investors.
BTCUSDTAAPLSOXXNAS100SPX Chips are exempt from tariffs. CBP (U.S. Customs and Border Protection) has announced that there will be no tariffs on iPhones, electronics, and other related goods, including imports from China, Japan, South Korea, and Taiwan, which are major players in the semiconductor supply chain. BTC is also a good indicator can be interpreted as a 'leading indicator' for both risky appetite and at some degree 'safe heaven demands'.
SCHD Currently focusing on trading with BTC and GOLD as our main plays. We're ignoring news and headlines (no time to dig into them). At key support levels, We'll buy shares of fundamentally strong companies with steady income and solid moats. SCHD remains our top pick. As for chip stocks, We've sold all positions (now only holding a big stack of short options). Just sharing our thoughts, not investment advice!
SOXX Semis approaching buy zone, with huge volume zone, which overrides my major trendline break principle, which otherwise would give me a target of 86. I'll be watching the zone carefully and taking positions in small lots
VTVOOSOXXSOXLIVV Just to clarify, I’m still long-term bullish. Short-term volatility is high, but the bigger trend remains intact. Locked in profits on all leveraged shorts at good levels and flipped them into leveraged longs. 📈🔥
VTVOOSOXXSOXLIVV This irrationally fast rebound also suggests extreme market volatility, making it likely that we’ll retest today’s low, or even lower support levels, within the next weeks. 📉🔄
SOXX On July 10th and August 29th, SOXS closed at the same level. During this period, SOXX declined only marginally, from 246.5 to 245.33—representing a loss of less than 1%. To put it in perspective, on July 9th SOXX closed at 244.10, and by August 29th it stood at 245.32. Under normal circumstances, one would expect SOXL to remain relatively stable given these minimal movements in SOXX.
