SOXX - How To Surf Supply Chain Ripples With The SOXS-SOXX Pair
- This thesis is primarily addressed to those owning SOXX shares and wanting to play SOXS as a hedging tool for portfolio protection, in view of forthcoming market turbulence.
- In this case, after the recent market exuberance grappling semiconductor (semis) stocks, it becomes important to induce investors with supply chain realities.
- Also, one of SA's momentum indicators points to a drop in SOXX, which would mean that it's time to short semiconductor stocks.
- Here, SOXS is appropriate, but as a leveraged ETF, it is important to first understand the risks.
- The Direxion ETF is also a tool for traders, but whatever the purpose, I have provided detailed insights as to how it can be safely used in conjunction with SOXX.
For further details see:
How To Surf Supply Chain Ripples With The SOXS-SOXX Pair