the chip divergence is brutal for $Direxion Semicon Bull 3X(SOXL.US) holders because the index nets out NVDA up and Intel down into chop, and chop is where the 3x daily reset decay eats you alive. i only ever scalp this intraday. if you're holding it overnight through a sector this split, you're paying the decay tax every single day. respect the instrument.
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