SOXS News and Press, Direxion Daily Semiconductor Bear 3x Shares From 06/29/22

ASX provides packaging services to semiconductors companies. Both its product and geographical diversification strategies deserve to be highlighted in light of the competition and supply chain issues. Revenues are also growing at double-digit figures for the world's number one OSA...

In this analysis, we analyzed Broadcom’s planned acquisition of VMware expected to be completed by FY2023. We expect the acquisition to enable the company to leverage VMware’s common enterprise customer base and estimated revenue synergies of $1.9 bln and revenue contrib...

AMD reported Q1 22 revenue of $5.9 billion, which represent year-over-year growth of 71% and 22% growth quarter over quarter. Intel Q1 2022 revenue came in at $18.4B, down 7 percent from Q1 2021. Gross margin at 50.4 percent down 4.8 percentage points from Q1 2021. The Latest Merc...

As inflation rises and recession looms in, people tend to invest more in gold, which in turn is expected to benefit the gold miners’ equity shares and ETFs. Energy and commodity funds (including the leveraged bull funds) have generated growth during 2022, while gold funds have ...

This is a dedicated price action analysis of Micron stock. We discuss the critical levels investors should watch, providing them more clarity in their decision-making. We cautioned investors in our previous article that more headwinds were on the horizon. Consequently, the market has ...

We move Micron stock to a hold/neutral because the weaker consumer market will reduce data center and enterprise demand in the coming quarters. We continue to see further weakness in the consumer PC and smartphone markets as inflation takes a toll on people's finances. We expect m...

Gainers: BMO MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETN (BNKD) +28%. Direxion Daily Semiconductor 3x Bear Shares ETF (SOXS) +25%. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) +24%. The Short De-SPAC ETF (SOGU) +22%. Direxion Shares ETF Trust - Direxion ...

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...

Buying VMW today is equivalent to buying AVGO at the free cash flow yield of 8.5% provided the merger gets closed. It is an attractive valuation on both a historic and absolute basis. When a similar valuation was available last time, AVGO generated a 33% return over the next year. ...

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...