SOXS News and Press, Direxion Daily Semiconductor Bear 3x Shares From 12/07/20

Leveraged ETFs sometimes have an unpredictable behavior. An illustration with 22 ETFs tracking various indexes. A closer look at SPXU. For further details see: SPXU Drift Is Improving, But It Is Still In Decay Regime

Gainers: South Korea Bull 3X Direxion (KORU) +20.1%.Semiconductor Bull 3X Direxion (SOXL) +19.4%.Ultrashort Natural Gas Proshares (KOLD) +18.2%.S&P 500 High Beta Bull 3X Direxion (HIBL) +15.4%.Ultra Silver Proshares (AGQ) +14.1%.Losers: Microsectors -3X U.S. ...

Worldwide sales of semiconductor rose 6.0% Y/Y and 3.6% M/M to $39.0B in October, reported by Semiconductor Industry Association ((SIA)).Regionally, sales increased on a Y/Y basis in the Americas 14.2%, China 6.3%, and Asia Pacific/All Other 5.3%, but decreased in Japan -1.0% and Europe -4.8%...

Leveraged ETFs sometimes have an unpredictable behavior. An illustration with 22 ETFs tracking various indexes. A closer look at SPXS. For further details see: SPXS Drift Stays In Negative Regime

Gainers: Semiconductor Bull 3X Direxion (SOXL) +41.5%.Global X Cannabis ETF (POTX) +34.4%.DJ Internet Bull 3X Direxion (WEBL) +32.1%.Technology Bull 3X Direxion (TECL) +30.6%.Spinnaker ETF Series The Cannabis ETF (THCX) +30.3%.Losers: Ultra VIX Short-Term Fut Pro...

Gainers: Pharmaceutical & Medical Bull 3X Direxion (PILL) +29.9%.S&P Biotech Bull 3X Direxion (LABU) +28.3%.Semiconductor Bull 3X Direxion (SOXL) +24.6%.Regional Banks Bull 3X Direxion (DPST) +22.7%.Latin America Bull 3X Direxion (LBJ) +21.7%.Losers: ...

Worldwide semiconductor sales rose 4.9% Y/Y and 3.6% M/M to $36.2B in August, according to the Semiconductor Industry Association ((SIA)). "Global semiconductor sales increased year-to-year in August for the seventh consecutive month, demonstrating the global market so far has remai...

Leveraged ETFs sometimes have an unpredictable behavior. An illustration with 22 ETFs tracking various indexes. A closer look at SPXU. For further details see: SPXU Drift Regime Is Negative Again

Wow. That’s about all you can say to what could prove to be one of the biggest semiconductor purchases in the multi-decade history of the chip business. The amazing irony is that this $40 billion dollar deal doesn’t involve any chips at all. The news that was announced on w...

The ProShares UltraPro Short S&P 500 ETF ( SPXU ) is one of the most popular instruments to short the broad market for trading or hedging purposes. However, its daily -3X leverage factor is a source of drift. It must be closely monitored to detect changes in the drift regime. This article ...