SOXS News and Press, Direxion Daily Semiconductor Bear 3x Shares From 07/09/21

In 2021, energy is where the money is going. Money is flowing out of Momentum stocks this year, and much of it is going into Value names. Commodities are having a strong showing compared to last year. For further details see: If You Want To Know Where The Market Action I...

Leveraged ETFs drift may be unpredictable. An illustration with 22 of them. A closer look at UPRO. For further details see: UPRO: Leveraged ETFs Dashboard  For July

GlobalFoundries announced a $4 billion investment in conjunction with Singapore government officials to greatly expand capacity at its existing chip fabrication plant (fab) in Singapore. The investment will enable the company to increase its overall output by 33%, growing its 300 mm w...

Direxion is changing the underlying index and investment objective of the Direxion Daily Semiconductor Bull 3X Shares (SOXL) and Direxion Daily Semiconductor Bear 3X Shares (SOXS).On or about August 25, 2021, the underlying index for both will change from PHLX Semiconductor Sector Index to a ...

Unusually strong and persistent chip demand set the stage for supply constraints well before we started hearing about automotive issues. While the geographic location (or concentration) of chip-making capacity is irrelevant when it comes to shortages, it’s the perfect excuse fo...

Direxion Changes Index for Semiconductor ETFs ETFs to Provide Exposure to the ICE Semiconductor Index PR Newswire NEW YORK , June 21, 2021 /PRNewswire/ -- Direxion announced it is changing the underlying index and investment objective of the Direxion Dai...

Ivan-balvan/iStock via Getty Images According to World Semiconductor Trade Statistics estimates, the global semiconductor market will rise from 6.8% in 2020 to 19.7% this year to ~$527B.The most significant growth contributors are Memory with 31.7%, followed by Sensors with 22.4% and, Analog ...

There is no quick fix for the semiconductor shortage, but there is opportunity for investors. On top of the long-term changes, we saw a perfect storm of catalysts contributing to the current chip shortage. COVID-19 was one of those catalysts, but not the only one. Our team believe...

During the pandemic lockdown in the first half of 2020, only three S&P 500 sectors saw positive earnings and revenue growth for Q1 and Q2 ’20. In Q1 ’21, Technology has grown EPS and revenue 53% and 21%, respectively. Once Q2 ’21 earnings start in mid-July...

Semiconductors are an integral part of nearly every device people use today, from home appliances such as televisions and air purifiers to larger machines such as trains and automobiles. Semiconductor plants were also hit by a wide range of disasters this year, forcing production to b...