ProShares Ultra Semiconductor ETF

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.

Chips bouncing out of a bear market in 2 days while headlines are this bad shows how structural AI demand is. Geopolitics can’t kill the capex cycle. This dip was a gift and the market is telling us the AI trade has real staying power into H2.

$Gold.com(GOLD.US)

🏆[Weekly] Gold Update: Bulls Step In At $4,000

A shift is happening! After months of steady declines, the metal has held a key psychological level. Here is the update:

🔷Technical Outlook

🟢 Daily Chart

Gold (XAU/USD) found strong support near its lower Bollinger Band at $3,942, then rebounded +1.26% to reach $4,175. It has moved back above its 20‑day moving average at $4,156 and the daily RSI rose to 37.56, moving out of oversold territory.

🟢 4‑Hour Chart

Short‑term momentum is clearly positive. Gold broke past the middle band at $4,076 and tested upper resistance near $4,215. The 4‑hour RSI is now 61.37, close to overbought — so a brief pause or pullback could happen before the next move higher.

💼 What’s Driving This Move?

The bounce came mainly from short sellers taking profits after recent economic data releases. While long‑term interest rates stay elevated under Fed Chair Kevin Warsh, a softer US dollar and stretched market positions have given gold room to recover.

🚨 Key Events Next Week (6–9 July 2026)

Expect higher volatility. The economic data releases will decide if the rally continues:

🟢 Mon 6 Jul, 22:00 SGT: US ISM Services PMI → Strong data = stronger USD, weaker gold

🟢 Wed 8 Jul, 02:00 SGT: FOMC Meeting Minutes → Most important update; hawkish tones will limit gains

🟢 Thu 9 Jul, 09:30 SGT: China CPI → Affects demand outlook as top global buyer

🔷The verdict

Support around $4,000 held firmly. The level at $4,156 is now the key line. If stay above the next target is $4,250.

Potential entries to buy maybe around $3980 ( 20 pips below support ), SL 3942, current week low.

Keep positions flexible ahead of Wednesday’s Fed minutes!

Not financial advice. Personal view. Do your own DD.😉

Idk i just do it

This volatility at the end of June

Rises before sleep, falls after sleep

Semiconductors have all become just like meme stocks

As the saying goes: for targets you're bullish on long-term, when a good price appears, scoop some up in batches.