To The Moon

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Saying supply is a constraint is idiotic. It means demand is higher and supply can't keep up, and that should be bullish as hell. $NVIDIA(NVDA)$  $SPDR S&P 500 ETF Trust(SPY)$ 

Warsh's Jackson Hole speech is set for 9AM CDT. He's said more than once that he'd rather talk about where the economy currently stands than give any future signals. To market makers, though, this looks like a chance to stir up volatility and profit from it. My initial take is that USD and US bond yields could get choppy, and that might lead to sharp swings in gold, silver, BTC, and the broader market. As for how I see it playing out, Warsh isn't the type to hint at what's next, so I'd expect any volatility to be mostly manufactured by market makers and high frequency trading. That's why I'm looking at reversal setups on extreme moves in either direction. $SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $NVIDIA(NVDA)$ $Roundhill Memory ETF(DRAM)$ Korea raising interest rates by 25bps is positive for US chips. A stronger won is good for them to purchase US listed CDRs.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ $iShares Semiconductor ETF(SOXX)$  closed right on the 20DMA and $NVIDIA(NVDA)$  closed at 220. For now I'm still waiting to see if we can get to the 550 area on another "happy days are here again" move to buy $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  and sell SOXL. As for the decay and chop talk, that's why I always take some SOXS off the table on a 10-20% move, just to rebuy them again lower. It's the way to offset decay, let alone making money on the bull side with SOXL. NVDA saving the day was a sure thing, and that's why I was willi

Stock futures moved higher Wednesday night, mostly on the back of strong earnings from several major tech companies. Nvidia gained more than 4% after beating expectations and guiding for strong revenue growth. Salesforce and Okta also rose after posting better-than-expected results. Now attention is turning to the Federal Reserve's Jackson Hole meeting and more company earnings. Overall, the tone feels bullish to me. Strong tech earnings seem to be giving investors more confidence in the market. $Invesco QQQ(QQQ)$  $NVIDIA(NVDA)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $ProShares UltraPro QQQ(TQQ

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Honestly, I'm really looking forward to Nvidia's earnings report. Does that officially make me an adult? lol

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Nvidia reports earnings tomorrow. The response will likely stay muted, as it always does. SOXL and Nvidia should start moving up on Thursday.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  The chop looks about done, and it feels like it's ready to pop. There was that article about someone who put $1M into SOXL, lost roughly 80%, held through it, and it ended up turning into $7.5M. That's quite a story. Diamond hands.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ CRML is up another 20% today. Meanwhile, tech is staying range bound ahead of NVDA's results tomorrow after hours.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Still like semiconductors. Someone once mentioned that if GoPro enables cameras with Nvidia video/image AI processors, there's going to be endless demand for memory and chips to store and process real-time data. It just doesn't end after that.