$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The US elections will end soon. And due to the uncertainty of a clear victor, we can see a major sell off across board from the smart money. There will be huge volatility starting tonight and anything can literally be a trigger to movements as the stock market is very "news" sensitive. The saying , " buy the rumours and sell the news" is ringing in everyone's ears on wall st. That aside, while the uncertainty looms over the US Market, there are alot more certainty for the "bulls" to reach over to the Chinese market where companies are severely undervalued. So the rational and practical action would be to take the liquidity and equity out for awhile from the
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ There will be a rate cut done in September and this stock will decline. In early September 24. Followed by a gradual rise until the US elections where we will see how inflation will haunt back the stock market. Paul Volker witnessed this in the 70s and we will see a resurgance of that as Trump becomes the new president. In Trump's tenure as president, we will see how the fed will increase the interest rates to a point where it will trigger a reset of the US economy and the US debt will significantly drop along with the stock market. Scenario two, there will be a black swan, to fit this narrative, mpox pandemic, ww3, or something else that we're not seeing just yet. But there will be a caus
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ This time round, as most retail investors buy into this pullback, we will see another "hike" in the opening at 9.30am US time. But it will end in "red" for all indexes as market prepares for all the "reports" coming in. Strangely, it will act in inverse correlation. The change in how inflation is perceived has successfully confused the masses on how these "reports" can indicate a positive or negative sentiment. But as history shows, there will not be a recession after and election but rather the "disaster" first before the "heroes" will come in to save it. Be prepared to see how this "one" dismantles to be greater than the 08'-09' crash.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ This is not a pullback. This is a sell off by the machines and the retail investors dollar cost averaging. They are buying into the positions that the whales and machines are exiting. And when Trump wins the elections , the trade wars starts and then we'll see curbs on exports to china and a drop in all earnings.