menu search

SOXL / SOXL: Heightened Interest, Leveraged Problems

SOXL: Heightened Interest, Leveraged Problems
The Direxion Daily Semiconductor Bull 3X Shares ETF offers three-fold daily exposure to the semiconductor sector, but its leverage and high valuations pose risks. The semiconductor sector experienced a boom in 2020 and 2021 but faced a downturn in 2022, leading to a significant loss for SOXL. Despite the recent performance of semiconductor stocks, the SOXL ETF has not achieved returns proportional to its leverage, and the decay of leveraged ETFs is a concern. Read More
Posted: Oct 31 2023, 09:55
Author Name: Seeking Alpha
Views: 091933

SOXL News  

SOXL: Heightened Interest, Leveraged Problems

By Seeking Alpha
October 31, 2023

SOXL: Heightened Interest, Leveraged Problems

The Direxion Daily Semiconductor Bull 3X Shares ETF offers three-fold daily exposure to the semiconductor sector, but its leverage and high valuations more_horizontal

Bullish On NVDA, AMD? This 3x Leveraged Fund Offers Exposure And Is Setting Up A Bull Flag Pattern

By Benzinga
September 6, 2023

Bullish On NVDA, AMD? This 3x Leveraged Fund Offers Exposure And Is Setting Up A Bull Flag Pattern

Direxion Daily Semiconductor Bull 3X Shares SOXL was retracing almost 4% Wednesday on lower-than-average volume, which may confirm the ETF's possible more_horizontal

Breakthrough in China Should Spur Innovation in Semiconductors

By ETF Trends
August 30, 2023

Breakthrough in China Should Spur Innovation in Semiconductors

With the proliferation of artificial intelligence (AI) usage, semiconductor technology plays a pivotal role. Recent advancement in China should spur m more_horizontal

SOXL: A Semiconductor Volatile Crash Is Possible

By Seeking Alpha
August 18, 2023

SOXL: A Semiconductor Volatile Crash Is Possible

Lack of volatility should not be confused with stability, as conditions favor a credit event and tremendous volatility. The Direxion Daily Semiconduct more_horizontal

SOXL And SOXS: Shorting Both Produces An Attractive Pair Trade

By Seeking Alpha
August 18, 2023

SOXL And SOXS: Shorting Both Produces An Attractive Pair Trade

The article explores the possibility of pairing Direxion Daily Semiconductor Bull 3X Shares ETF with their Daily Semiconductor Bear 3X Shares ETF to f more_horizontal

Bullish For Nvidia, AMD? This Fund Offers 3X Leverage And It May Be About To Dip

By Benzinga
July 14, 2023

Bullish For Nvidia, AMD? This Fund Offers 3X Leverage And It May Be About To Dip

Direxion Daily Semiconductor Bull 3X Shares SOXL spiked 0.7% on Friday morning before falling to trade mostly flat to Thursday's close. The ETF recent more_horizontal

Global Competition in Semiconductors is Helping This ETF Surge

By ETF Trends
June 8, 2023

Global Competition in Semiconductors is Helping This ETF Surge

The global competition in the semiconductor industry, namely the U.S. and China, is helping to heat up the Direxion Daily Semiconductor Bull 3X ETF (S more_horizontal

SOXL: Eyeing A June Semiconductor Swoon

By Seeking Alpha
June 5, 2023

SOXL: Eyeing A June Semiconductor Swoon

The Direxion Daily Semiconductor Bull 3X Shares (SOXL) is overbought and may face a pullback in June, making it a good time to sell and buy later at a more_horizontal


Search within

Pages Search Results: