Profit180

03-May-2024 12:55 PM

AI's Recent Dip Could Be a Distant Memory After Tech Earnings

Despite the recent dip in artificial intelligence (AI) stocks, the long-term trend could continue to skew toward the upside. A strong spate of tech earnings could bolster AI further, opening up opportunities in semiconductors.

30-Apr-2024 3:01 PM

Top Performing Leveraged/Inverse ETFs: 04/28/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

29-Apr-2024 9:00 AM

5 Leveraged ETF Winners on S&P 500's Best Week Since November

The S&P 500 logged its biggest weekly gain last week since November as Big Tech stocks rallied.

19-Apr-2024 8:50 AM

U.S. Weekly FundFlows Insight Report: Money Markets Report Weekly Outflow Of $118.5 Billion, Third Largest On Record

17-Apr-2024 11:12 AM

Continue Riding the AI Wave With This Semiconductor ETF

Because chips provide the hardware necessary in order to run artificial intelligence (AI) applications, the semiconductor industry's performance is proverbially attached to the hip of AI. That said, traders can continue riding the strength of the AI wave with the Direxion Daily Semiconductor Bull and Bear 3X Shares (SOXL).

07-Apr-2024 4:14 PM

Watch Out Below? A Steep Market Correction Could Ruin SOXL Returns

The AI boom in semiconductor equities could easily flip into a period of selling due to high valuations and the potential for unexpected rises in inflation and interest rates. The Direxion Daily Semiconductor 3x Bull ETF may soon experience a painful correction or crash, from its ultra-leveraged design. Technical momentum in SOXL has reversed in favor of sellers since February, perhaps indicating an exhaustion of buying interest.

26-Mar-2024 9:11 AM

SOXL: More New Highs In 2024

The bull market of 2023/2024 continues to defy expectations. The Direxion Daily Semiconductor Bull 3X Shares ETF has seen impressive returns, up 70%+ in three months. The outlook for SOXL remains bullish, with strong earnings growth rates and a positive technical picture.

13-Mar-2024 3:24 PM

Symbol	SOXL
Market Cap	11.6B
Price	38.97
Open	38.75
52-wk High	56.99
50 Day Avg	42.72
Earnings Announcement	2024-05-04
Website

Name	Direxion Daily Semiconductor Bull 3X Shares
Shares Outstanding	299,228,977
Change %	6.9136%
Low	38.10
52-wk Low	13.44
200 Day Avg	29.26
Last Dividend	0.17

Exchange	AMEX
Volume	57,686,134
Previous Close	36.45
High	39.58
EPS	0.93
PE	42.04
Avg Volume	71,146,800
CUSIP

Description	The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.
Currency	USD
ISIN	US25459W4583

Industry	Asset Management
Changes	2.52
CUSIP

Direxion Daily Semiconductor Bull 3X Shares Outlook

Direxion Daily Semiconductor Bull 3X Shares News