SOXS News and Press, Direxion Daily Semiconductor Bear 3x Shares From 08/30/21

The Direxion Daily Semiconductor 3x Bull Shares ETF (NYSEARCA:SOXL) has hit an all-time high on Monday's trading session. The fund has also surged more than 23% over the past week and a half dating back to Aug 19, as the global semiconductor chip shortage continues to weig...

Leveraged ETFs may be unpredictable. A drift dashboard with 22 of them. A closer look at SPXU. For further details see: SPXU Is In Positive Drift, But Stay Cautious

Worldwide sales of semiconductors in Q2'21 were $133.6 billion, an increase of 29.2% over Q2'20 and 8.3% more than Q1'21, reported by the Semiconductor Industry Association (SIA). John Neuffer, SIA president and CEO. “Demand for semiconductors is projected to contin...

We think inflation is likely to fall back, but we are more sensitive to upside risk than at the start of the year. Evidence of longer-term investment in more and more sectors continues to build. Flexibility and a tactical approach across the full range of credit markets has been a...

The latest IHS Markit Global Electronics Purchasing Managers' Index (PMI) for June was strongly expansionary, boosted by buoyant demand in key markets. The strong rebound in world consumer markets, notably in the US, China and Western Europe, is continuing to drive growth in demand fo...

Gainers: Ultra Bloomberg Natural Gas ETF (BOIL) +20.3%.Ipatha.B Coffee Subindex TR ETN (JO) +18.9%.Pharmaceutical & Medical Bull 3X Direxion (PILL) +18.5%.Homebuild & Suppliers Bull 3X Direxion (NAIL) +18.1%.DJ Internet Bull 3X Direxion (WEBL) +15.2%.Losers: C...

Growth-oriented asset classes are likely to shine, but not equally. Above-trend growth is a supportive environment of risky assets like equities or credit. On valuation grounds, equities are looking a little cheaper. Geraldine Sundstrom and Erin Browne discuss PIMCO’s views...

Supply chain managers worry about a great many risks. Economic changes should now be added to the list. The automobile industry’s chip shortage is a shining example of a predictable economic risk that caught purchasing managers unaware. Before the pandemic, semiconductor ma...

Logistical bottlenecks, caused by disruptions to ports, shipping lines and domestic transportation, have lengthened delivery times and further weighed on the supply shortage in some regions. Ports in Europe and the west coast of the U.S. remain congested. Congestion has also incre...

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...