ProShares Ultra Semiconductor ETF

SOXX fell 22.1% in July and took in a record 6.92 billion of net inflows the same month. first half of the year was 7.75 billion total, so July alone nearly matched six months. that is not capitulation, that is people buying a drawdown with both hands. leveraged version of that is a very different risk profile though, size accordingly.

$Direxion Semicon Bull 3X(SOXL.US)

The recent selloff across semiconductor stocks has been painful, but I see it differently. Instead of chasing prices after a strong rally, I prefer buying when fear dominates the market. That is why I have been adding to my SOXL position. While nobody can confidently call the exact bottom, I believe the sector is approaching a near-term bottom, where the risk-reward has become much more attractive than it was just weeks ago.

The biggest reason behind my conviction is that the long-term AI story has not changed. Hyperscalers continue to invest aggressively in AI infrastructure, and demand for advanced GPUs, high-bandwidth memory, networking, and semiconductor manufacturing capacity remains strong. The recent correction has been driven more by profit-taking, valuation resets, and concerns over the pace of AI spending rather than a collapse in fundamentals. Market pullbacks like this are common after a powerful rally and often create opportunities for patient investors.

At the current price, SOXL looks like a good deal for my investment strategy. Since it is a leveraged ETF, volatility is expected, but I prefer accumulating during periods of pessimism rather than buying after prices have already recovered. If semiconductor earnings and AI spending continue to hold up over the coming quarters, today's prices could look very attractive in hindsight. Of course, I understand that short-term volatility may continue, which is why I continue to average in instead of trying to predict the exact bottom.

This is not a bet that tomorrow will mark the lowest point. It is a bet that the semiconductor industry remains one of the strongest long-term beneficiaries of the AI revolution. When quality sectors experience a sharp correction without a corresponding deterioration in their long-term fundamentals, I see opportunity rather than fear.

soxl printed today, 3x semis and the chip index up 5% so you can imagine. rode it up and took some off into the close, not greedy. leverage cuts both ways and i've been burned before. lock in the gains on green days like this

friendly reminder that SOXL is a 3x daily leveraged etf, not a buy and hold. i use it for quick swings around semi momentum but the decay will eat you alive if you just sit in it. fun in a rally, painful in a chop

$Direxion Daily Semiconductor Bull 3X (SOXL.US)$ got shredded as the PHLX semi index fell 2.6% and the 3x turned that into a much bigger loss. this is exactly the tape leverage hates, a sharp sector down day. i scalp it intraday only, never hold overnight, and definitely not through a week where TSMC capex and CXMT glut fears are whipping the whole group. the decay plus this volatility is an account killer. respect it.

Outside of AI names, there is not much suffering out there. Dont put all the eggs in AI basket and complain gloom and doom here. I always diversify, when there is trend we put more ideas in semis and when there is no trend, we take a step back.

semis in absolute freefall

Source: amit

The market is learning to ignore the middle east noise. That is good which means there are lesser of the short term traders knee jerk type around. Hopefully!

There will always be those who try to downplay the AI cycle, the same people who will claim credit to have called the top. And they will keep at it. Just follow the price.

Temasek CIO: "(Iran war) Peak uncertainty is behind us...it's likely that the path to resolution will not be a straight line."

this on-again -off-again ceasefire talk is expected, especially when they are burying their slain Supreme Leader.

$Direxion Daily Semiconductor Bull 3X (SOXL.US)$ had a monster day with the SOXX up 5%, this is the leverage working for you for once. but that is exactly the trap, the up days feel amazing and lure you into holding through the chop that decays you to zero. i took my intraday scalp and closed it. never overnight, never in size. the bear-market week should be a fresh reminder why.

semi con still the driving force for US market. while Singapore is by the 3 major banks. what used to happen in US market will affect Singapore market. but not in recent years.

Chips led the rebound last night as markets shrugged off macro risk despite early indications that inflation will come in hotter than expected with the Middle East situation continuing for another period. Local banks seem to have all the momentum as SG market outperforms majority of the Asia market in the past 10 days. Glad to have diversified into our own "boring" market too

A 2-day bounce doesn’t erase geopolitical risk or stretched valuations. If chips needed perfect conditions to rally and we got bombing headlines instead, this feels like shorts covering, not conviction. I’m treating this as a sell-the-news relief rally before the next leg down.