SOXS News and Press, Direxion Daily Semiconductor Bear 3x Shares From 06/09/22

Despite Micron having a very low P/E ratio relative to its peers given a high growth rate of 22.26%, Micron has never reached our Strong Buy price targets. We determined that the market might be pricing in a discount for cyclicity (Molodovsky Effect) into Micron's stock price. How...

Micron's stock may be at risk of falling further head into July. DRAM prices are slipping and second half contractual prices are in question. This is leading some traders to bet on the stock falling to $60 or lower. For further details see: Micron's Stock May Experience ...

Priced at 7.2x FW pretax earnings, Micron is currently priced as a terminally stagnating business. Under such a valuation, it can already provide a handsome return even if it does according to Buffett’s 10xEBT rule. Plus, reality seems to be the exact opposite. There ar...

Compared to the likes of Intel and AMD, Texas Instruments probably has escaped the radar of many investors. Yet, Intel and Texas Instruments are currently the dominant players in the digital and analog chip markets, respectively. And both are equally good candidates to play the wo...

The behavior of leveraged ETFs is neither intuitive nor predictable. A dashboard with more than 20 of them. Focus on SPUU: beware of drift in the long term. For further details see: SPUU And Leveraged ETFs: The Drift Dashboard

SkyWater Technology went public in April 2021, raising around $97 million in a U.S. IPO. The firm provides a range of semiconductor solutions for U.S. specialty markets. While SKYT has some promise for topline growth, inflation and supply chain issues are a drag on its operating r...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

The stock has been on fire lately, but a look at the charts suggests there are obstacles ahead that could potentially block further gains. Growth seems to be accelerating, which is a notable improvement since growth left something to be desired until fairly recently. Multiples for...

Gainers: S&P Oil & Gas Expl Bull 3X Direxion (GUSH) +31%. Retail Bull 3X Direxion (RETL) +30%. Consumer Discretionary Bull 3X Direxion (WANT) +29%. Microsectors Oil & Gas Exp. & Prod. 3X Leveraged (OILU) +29%. Microsectors 3X U.S. Big Banks ETN (BNKU) +29%. Losers: S&P Oil...

AMD-competitor NVIDIA cut guidance for the current quarter below analyst estimates due to a revenue shortfall from Russia and China. AMD only reported 3 weeks ago and didn't see similar impacts on gaming sales in China. The stock isn't priced for the chip company to even match con...