$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 159.24+0.33, +0.2%. Feels like we've been pushing higher all day, but still not back above 160. Memory chips were doing the heavy lifting the whole time, rallying right through all those FUD articles claiming the memory cycle is peaking.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Not financial advice. The Fed's own data is worth checking, but rising yields competing directly with the "super intelligence" theme says a lot. Big money appears to be choosing the AI trade over bonds, and that is something too bullish to ignore.