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home / news releases / SOXL - Get Ready To Identify Stocks That Do Well With Lowering Rates

SOXL - Get Ready To Identify Stocks That Do Well With Lowering Rates

Direxion Daily Semiconductor Bull 3x Shares

2024-07-14 21:54:37 ET

Summary

  • Last week's trading was interesting, with a rally on Monday and Wednesday, followed by a sharp sell-off on Thursday, despite positive news.
  • Lower rates coming sooner cheered owners of cyclical assets, leading to potential shifts in trading patterns and stock performance.
  • Volatility may increase as suppressed VIX levels are unsustainable, with potential impacts on tech stocks and the overall market.
  • Learn to pick out stocks that could do well in an economic environment of lower rates.

Interesting Week!

Last week’s trading was interesting, Monday started with a rally as expected, and it extended to Wednesday. Then Thursday morning we were treated with a CPI confirming disinflation. Instead of market participants celebrating this news, the market sold off sharply....

For further details see:

Get Ready To Identify Stocks That Do Well With Lowering Rates
Stock Information
Company Name: Direxion Daily Semiconductor Bull 3x Shares
Stock Symbol: SOXL
Market: NYSE
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