Direxion Daily Semiconductor Bull 3X Shares (:SOXL)

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  • Nepenthe: @bigbartabs $TNA $DJI $SPX $NDX $RUT Based on your advice, I always have the 1x next to the 3x on my trade sheet. For example, $SMH and $SOXL, with stops/alerts based on the former. It's worked. Thanks. Cheers.
  • bigbartabs: @Nepenthe $TNA $DJI $SPX $NDX $RUT $SMH $SOXL ... it does work. I've got all the early trader scab scars to proove it :)
  • Nepenthe: @bigbartabs $TNA $DJI $SPX $NDX $RUT $SMH $SOXL And we appreciate you taking one for the team. But don't think that I am one who "jests at scars that never felt a wound." Au contraire, it took me awhile to heed your advice, getting jostled here, there and everywhere. Finally, it starts to pay off. Maybe you should teach a class on the subject, named, as Dan calls it, "Dancing with the Devil." Cheers.
  • bigbartabs: @Nepenthe $TNA $DJI $SPX $NDX $RUT $SMH $SOXL ... 3x ETF Market Mentor.com
  • champ: The $SOXL closed-up over 5% today, how sweet it is/was, this ETF is also Trade-able.
  • Nepenthe: @bigbartabs $TNA Been stalking you. I missed the TNA and UDOW, but have healthy positions in $TQQQ, $SPXL, $LABU (trimmed some this morning) and your old favorite from a few years back when you bought around Christmas, $SOXL. Your insights into these put me on a healthier financial path, for which I'm very grateful, and one of these days you'll get that beer and burger. Cheers.
  • bigbartabs: @Nepenthe $TNA $TQQQ $SPXL $LABU $SOXL ... glad you are doing well with the index 3x ETFs. At the present, I'm only in the 4 index ETFs. Mainly because when the entire market is on fire, why not just pile into the indexes with bigger money... rather than trying to pick and choose sectors that we wouldn't put nearly as much money as indexes anyway. I found years ago that if I just stick to my knitting, and concentrate on the indexes with bigger wagers... and watch those wagers closely... I do much better than have a ton of single tickers. All those tickers take time to manage... and that can burn you trying to juggle it all when we have markets like we have now. Drives a man to drink... (during market hours! :)
  • Nepenthe: @bigbartabs $TNA $TQQQ $SPXL $LABU $SOXL I don't really need an impetus to drive me to drink; I do fine on my own in that department, even during market hours, which I extend to the nightly strategy session with the requisite libation. But, yes, I agree with your approach. For years I floundered with many tickers and little to show for them until one day while sipping wine at Nepenthe's I read your post on the subject of beating the S&P, and realized I wasn't, and that I'd have to change my direction. Especially at my age--70 now--why waste valuable time with little reward. Anyway, there you have it. Cheers
  • bigbartabs: @Nepenthe $TNA $TQQQ $SPXL $LABU $SOXL ... roger that good buddy. Where the hell did the time go? You got me by a year!
  • champ: $SOXL.. is now hanging around HOD......
  • bill52: $SMH $SOXL semis strong out of the gate so far.
  • champ: On $INTC...I took swing #Insurance-profits on 1/2 and on also on $SOXL.. I took 3/4th off ....and I would like to add-both-back...... ....So I'm only holding 4-positions...... and also a huge #Cash position in $SWVXX....that I would like to start moving into the Markets tomorrow, if like what I see...... ....and I hope I will, like what I see...and I also hope that I can...start thinking positive things about the Fed Chair, Powell tomorrow.... I sure hope I can, start some Hope-trades tomorrow...and I Hope, the #more-the-Merrier it would be....for this #Santa-rally to continue.... ....and I also talked to #Fast-Eddie........ and he said that his crew is also Ready and Waiting...... ....for Risk-on...for a Schools out event....for a Back-up the Truck-timing-Event....Let it Happen...and I'm also Locked and Loaded.
  • Patrylak: Can you look at the $SMH or $SOXL. After $NVDA earnings. Would it be a buy if it hirs the 50 day on light volume ( day before Thanksgiving ). Everyone have a great Thanksgiving with your families
  • PhilHarmonic: @Patrylak $SMH $SOXL $NVDA The 50dma is quite a distance from the current price.
  • Henry: @Patrylak $SMH $SOXL $NVDA Probably but I don't think you are getting your pull back today. NVDA was at 506 at 06:30 Eastern. Last night I thought it could go either way this morning. Now I think it's going higher. JPM raised pt to $600, Mizuho $625 and Needham reiterated $600
  • Cjauger: @Patrylak $SMH $SOXL $NVDA Got a starter position when it dropped after earnings yesterday, added a bit today
  • SophAgogo: @Robert1965 $FNGU Yes !!! along with $SOXL and $LABU. I was taken to the woodshed with $LABU, lesson learned. These leveraged ETF's demand careful attention.
  • Motorman: @SophAgogo $FNGU $SOXL $LABU Yes, Been holding never quite sure when to sell. What is the unleveraged $ETF it follows, like $SOXL is to $SMH?
  • bigbartabs: @Motorman $FNGU $SOXL $LABU $ETF $SMH ... FNGS is the 1x to FNGU... XBI is the 1x for LABU.
  • bill52: $SMH $SOXL semis on the move.
  • champ: $SOXL....$AMD $ON $INTC $NVDA $NXPI.....nice moves.
  • woodman: @champ $SOXL $AMD $ON $INTC $NVDA $NXPI - SMH and $SOXX (SOXL 3x the fun) amazing moves for a sector etf. I'm in NVDA and AMD.
  • champ: The top swing of the Day was 10,000 shares of $SOXL.
  • champ: ...
    ....however I took full profits on these bounce-Day-trades....$TQQQ $URPO $SSO $SOXL $INTC $EXPE $MSFT $HLF $TSLA $HSY $ULTA....and I hope I can add back on Monday.....
    ....and I'm sorry to say, that I missed all the others, I thought that I was too ...
  • vitoB: $SOXL dtrade long stop lod
  • natural: @vitoB $SOXL Flipped my puts to calls.
  • vitoB: @natural $SOXL nice good timing. Got clipped first time but nailed the second I’m out now
  • bill52: $SOXL $SMH nice intraday turn around so far with the semis.
  • Docoof: @vitoB $MS $BAC Very nice trade going on $SOXL. Kudos to you and @natural. (As usual, with the quick draw, fast action day trades, I’m on the sidelines, watching, but impressed and trying to learn a thing or two from what I observe.)
  • vitoB: @Docoof $MS $BAC $SOXL ..thanks. takin a lot of capital but I’m getting better lol . Good mentors here
  • vitoB: @vitoB $MS $BAC $SOXL … $MS and $BAC worked so well have to take 3/4 off
  • vitoB: Sellin $SOXL from fri close
  • vitoB: $SOXL dtrade
  • vitoB: @vitoB $SOXL rinse and repeat
  • vitoB: $SOXL for quick dt
  • oldtimer: @bigbartabs $TQQQ $UDOW $SOXL $SMH I had a typo $SPXL
  • oldtimer: going home with starters in $TQQQ, $UDOW, $SOXL with stops slightly below today's low.
  • bigbartabs: @oldtimer $TQQQ $UDOW $SOXL ... for SOXL, I'm waiting for $SMH to get above the 8dema
  • oldtimer: @bigbartabs $FLR $RUTAX $UNG $XLE $BOIL $XLV $CURE $ITA $DFEN $XLRE $DRN $XLI $DUSL $ERX $XLF $FAS $FNGS $FNGU $XOP $GUSH $XBI $LABU $ITB $NAIL $GDX $NUGT $XRT $RETL $SMH $SOXL $XLK $TECL $XLY $WANT $DJI $UDOW $SPX $SPXL $NDX $TQQQ $RUT $TNA thankyou for getting back to me
  • bigbartabs: @oldtimer $FNGU $XOP $GUSH $XBI $LABU $ITB $NAIL $GDX $NUGT $XRT $RETL $SMH $SOXL $XLK $TECL $XLY $WANT $DJI $UDOW $SPX $SPXL $NDX $TQQQ $RUT $TNA ... no problem. No system is perfect... but I've found that finding a process that matches up with what the majority / herd of seasoned traders stay within, is what you can depend on most. Finding that process is the key. The sad part is that it usually takes a lifetime to figure that stuff out! I've been trading for around 20 years now... and still feel like an idiot at times. Good luck... all the best...
  • bigbartabs: @oldtimer $FLR $RUTAX $UNG $XLE ... @oldtimer ... Of those pairs that I tend to track $UNG/$BOIL $XLV/$CURE, $ITA/$DFEN, $XLRE/$DRN, $XLI/$DUSL, $XLE/$ERX, $XLF/$FAS, $FNGS/$FNGU, $XOP/$GUSH, $XBI/$LABU, $ITB/$NAIL, $GDX/$NUGT, $XRT/$RETL, $SMH/$SOXL, $XLK/$TECL, $XLY/$WANT ... only $XLE $XOP are close to being above the 8dema. Also, $UNG is tough, since it doesn't correlate well with 3x $BOIL I always track the 4 index pairs... $DJI/$UDOW, $SPX/$SPXL, $NDX/$TQQQ, $RUT/$TNA... of which none are even close to the 8dema. The only one that could be worth starting a position is $DJI, that bounced off of the 200dma. All the best...
  • bill52: $SOXL looks to be leveling out and holding up just above $20. Taking a starter for a day trade. Just below LOD for a stop.
  • sbw1: @bill52 $SOXL I've been in $SOXS thinking about getting out maybe into $SOXL then
  • vitoB: $SOXL lookin heavy at the midline... $AMAT $KLAC $LRCX $ASML near their 50's ... could lead the group lower if they dont hold.
  • bigbartabs: @vitoB $SOXL $AMAT $KLAC $LRCX $ASML ... something to watch when having significant pullbacks... is to watch for a shallow pullback to the 8dema (day), looking for a bounce... but also with bigger pullbacks (like today) a deeper pullback to the 8wema (week). Example... today both the $SMH and the $XLK did so and bounced. Algorithms seem to like those points to reverse. FWIW...
  • Pard: $SMH $SOXL anticipating a breakout... Well that seems to not be happening today.
  • bigbartabs: @vitoB $SOXS ... when trying to shot a stock mid day... I've found it best to watch your 15 minute chart of the bull ticker. In this case, $SOXL ... when it tries its first rebound... in this case watch up to 160.21. If it gets there and rolls over a 2nd time, or negates a green candle and keeps going down... deent bet to start a short with SOXS at that point. Honestly... shorting a strong market like we have.. especially when there are so many bulls buying semiconductors... shorting is a tough job. FWIW... good luck.
  • Nepenthe: @bigbartabs $DT Yeah, prior to the open I thought the portfolio would be as golden as your hills. Though mostly playing with 3xETFs, thanks to your insights about outperforming the market, I added to $RIOT (oops), $CRM (so far, okay) and almost to $DT (seems to be rebounding a tad), but mostly got smacked around by my little spec stock $AQMS, due to one of those inconvenient common stock offerings (did add though at the low). You might be right about the market, and I cut back on some $TNA, $SOXL and $LABU, and will keep a close eye on $TQQQ and $SPXL Nonetheless, it's been a golden year and one of these days you'll get that burger and beer I promised years ago. All the best to you as well. Cheers.
  • bill52: $SMH $SOXL semis looking like they want to start marching up to the next level. long $SOXL
  • Pard: $SOXL adding stop at the LOD of $SMH
  • vitoB: $SOXL sling shot on the daily, long dtrade
  • vitoB: @vitoB $SOXL …correction on ‘today’ chart
  • vitoB: @vitoB $SOXL …all done herre
  • Nepenthe: @scottrades $RBLX $BOTZ $AI $SMH Seems like the Semis and AI suffering a bit today. All falling below their 8ema's. Out of both ($AI and $SOXL) FWIW. Cheers.
  • vitoB: @Nepenthe $RBLX $BOTZ $AI $SMH $SOXL ... yea my good feeling on $MNDY turned into how i feel on mondays
  • bigbartabs: $SMH $SOXL ... I sure hope that all the capital these semiconductors are now generating will be used to get themselves moved from offshore USA to onshore.
  • MongosPawn: $SOXL Sold 1/4 position here.
  • bill52: $SOXL $ON $SMH semis looking interesting.
  • vitoB: $SOXS thats enough for me $SOXS...longer term the weekly on the $SOXL is very compelling, but this is more of a too far too fast for a week such as this.
  • sgiseller: $SOXL not even a whimper out of semi's today
  • DrScience: @sgiseller $SOXL Waiting on Intel(ligence) report before releasing the hounds?
  • vitoB: $soxl 13.95
  • success: $SOXL starter position with stop at $14.99
  • sgiseller: @sgiseller $SOXL oops couldn't edit 50.50 is 15.50
  • puttz: $SOXL Sold the last of my position. Will look to reload.
  • sgiseller: STC $SOXL @ 16.72 for a 10% gain, selling Mar 31 50.50 puts for a possible reload
  • DavidK: @sgiseller $SOXL careful . I bought some $MU pits this am after the bs run up . Crooks holding up the stock so they can get out and leave others holding the bag . Semis have had a nice run . Not chasing .
  • DavidK: @DavidK $SOXL $MU micron - paraphrasing - storage and memory is facing its worst downturn in 13 years with an exceptionally weak pricing environment. Watch out below is my bet after crooks manipulation is done
  • sgiseller: $SOXL @ 15.24. an add
  • Nepenthe: @bigbartabs $RUT Hey, old friend, it is on my clunker of a platform. By the way, I've been playing mostly 3XEtfs based on your call from years ago when you piled into $SOXL right after Christmas? Do you remember that? Whish I had followed your advice. Now I'm heavily into $LABU (a shout out to @champ as well). Also, your remonstrance about beating the indices by a certain % yearly, which I realized I wasn't doing, hence the predominance of triple etfs. So you see, I have been stalking. Cheers.
  • bigbartabs: @Nepenthe $RUT $SOXL $LABU ... Yes, I do remember that. And I've been trading 3x ETFs ever since.
    #My #3x #ETF #Trading #Method... The main reason I got on the train of 3x ETFs... is I wanted to be able to be 100% in the market at all times... but ...
  • mharps: $SOXL added
  • woodman: @mharps $SOXL - Semiconductors should enjoy lowering rates.
  • stairm01: @mharps $SOXL Sold puts yesterday and bought them back this morning. Also bought January 11 and 12 calls yesterday. Working nicely. Getting ready to sell more weekly puts.
  • champ: @scottrades $SPY $SSO $CPRX $ARRY #News-Briefing....Yes exactly ...there are always huge swings when he speaks.....#Thanks...... ......and for me I will be holding some risk into his News Briefing.....with this ETF $SSO at $48.60...and I just added...... and I might swing a $SOXL position also, at this current price level $13.25...... .....I'm guessing that LOD's are in at these current price levels on both of these ETF's....however I'm pulling Trailers on both. Could be at Entries now/RHRn....with 3.... 5 minute green Bars on the Daily.... ......on $SQ and also on $ALB....
  • champ: $SOXL....getting some #Nice green 5-minute Bars going into the close...might continue....and I wish...I knew....
  • stairm01: $SOXL I'm selling puts against SOXL. Sold last week the 11 puts for 0.40. Just sold this week's 11.50 puts for 0.40. On a yearly basis selling these out of the money puts at 0.40 x 52 weeks = $20.80. If assigned, I'll do the wheel and sell calls. Bringing in 0.40 a week on a $12.80 stock is pretty good. Implied move for this week is $1.90
  • champ: @scottrades $SPY ....I'm holding $SSO $TQQQ and $SOXL....and I'm Trailing...and I'm also still holding $LABU and my entry was at $6.67, so I'm down a little.....
  • champ: $SSO $TQQQ $SOXL.....are still slowly moving-up.....HOD's, will these continue or #hold around these current levels and a close at these levels would be real nice, even great.....and then bounce in the last 15 minutes today, would be a real nice plus, going into the close.....and that is only one of the possible moves, that has happened in the Past... thats in the Play-book, so will it happen again..? ~~~~~however for sure, #always expect zig-zags.
  • champ: $SSO $SOXL...I took 1/2 off on both and took full profits on $TQQQ.
  • vcondry: @champ $SSO $SOXL $TQQQ i did a similar sold my $395 calls that expire next friday and bought $SSO in case she keeps running.
  • mharps: $SOXL up 31% for me- wish I had more: very extended
  • scottrades: @mharps $SOXL GREAT Trading!
  • champ: @bigbartabs....I moved back into $SOXL this morning....are you Watching any ETF's..?
  • woodman: $SOXL +20%, wow!. Np.
  • champ: $SSO....the $DJI..just touched 1,000, and thats a very important number for traders, however now is it going to fall back or move up....could we maybe get a Touch and Go....zag-zag ....and hold for a little while and then BreakOut..... .....however we are going to find out real soon what these computers are going to do..... .....I'm still holding this ETF........ but I took profits on most all of my stock swing positions..... now only holding these 5-swings.....$CMC $GVA $LUV $LBRT $OC..... and all the ones that I took profits on, are even higher for now...... .........this might be the real deal........ ......looking around for something, that might continue working...... and #maybe.. I might get back-in $SOXL and it is at $11.55...I sold it earlier...
  • woodman: @Docoof $TQQQ $FNGU - $SOXL +25% Crazy.
  • champ: $SSO at $44.75....$TQQQ at $18.75....$SOXL at $10.00....$LABU at $6.80...if the Markets hold-up today....and if the Markets closes around these current level, I will be swinging my ETF positions into Wednesday Election results.
  • vcondry: @champ $SSO $TQQQ $SOXL $LABU good plan i'm piggybacking it!
  • bigbartabs: @Rockstar $SMH ... yes, and $SOXL is right up against the 7/5/22 low. Significant overhead resistance.
  • champ: $SSO and $SOXL....back to only holding both of these 2 ETF's....profit stops took me out of my other ETF's.
  • champ: $AEHR...at $21....HOD....has News and I'm also still holding this ETF...$SOXL.
  • champ: @vcondry $SPY $SSO....I made more than a few mistakes today and I sold $SSO on the close and the only ETF, that I'm swinging now is $SOXL...only because Monday will be a New-Day....and hopefully I can do alright again on Monday......but it was a stru ...
  • champ: $SPY $SSO $TQQQ $LABU $SOXL $JETS $GUSH..... I have NP in any ETF's for now....and it looks like we are going into the Fed announcement with a market thats down a little.......
    ......for now the $DJI is down 28 points and that is more or less Flat... ...
  • champ: $SSO $TQQQ $SOXL $LABU $JETS.....there was a lot going on in the Markets this morning......and I had some nice entries, also in stocks that are now paying off, hopefully they will continue.....
  • vcondry: @champ $SSO $TQQQ $SOXL $LABU $JETS any entry left for $LABU and $SOXL or do you think those trains have left the station?
  • champ: @vcondry $SSO $TQQQ $SOXL $LABU $JETS .....I'm in these ETF's off of the lows, off of around the bottoms....and I added Trading positions.....however I did't add to my $LABU or $JETS, core positions.
  • Carpe_Diem: @champ $SSO $TQQQ $SOXL $LABU $JETS - Short Squeeze has been going on me smell. How about you?
  • champ: @Carpe_Diem $SSO $TQQQ $SOXL $LABU $JETS....Yes....and maybe they will continue into the close, for the next decisions......but like you said.....this has been a Wacky week......
    but obviously there is a turn going on.......
    because certain stocks an ...
  • champ: $SOXL....zigzagger....was HOD but dancing around
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Stock Price $46.34
Change -0.34%
Volume 14,728,800

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the PHLX Semiconductor Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index measures the performance of the semiconductor subsector of the U.S. equity market. The fund is non-diversified.

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