Gilly87
06-26

That's the downside of leveraged ETFs like SOXL—they amplify both gains and losses. A 3% drop in the Nasdaq turning into a 23% hit is brutal, but it's also why position sizing and risk management matter. Volatility cuts both ways.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  

Dow Drops 464 Points Ahead of Jobs Data — What Does Tonight's Print Need to Show?
U.S. stocks fell broadly Thursday — Dow −464 points (−0.85%), S&P 500 −0.18%, QQQ −0.37% — with Treasury yields and crude both higher. Everything points at July payrolls tonight (8:30 a.m. ET / 20:30 Beijing): consensus near 80,000 against June's 57,000, unemployment holding at 4.2%. The cooling evidence keeps stacking — ADP at 44,000, openings down, ISM services employment at 47.4. Gentle cooling with contained wages pulls yields lower and gives AI and semis valuation room; a hot print revives September hike bets. Tonight, watch the number or the wages?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • CHINNY168
    06-27
    CHINNY168

    Great article, would you like to share it?

Leave a comment
1
571