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Direxion Daily Semiconductor Bear 3x SharesDirexion Daily Semiconductor Bear 3x SharesDirexion Daily Semiconductor Bear 3x Shares

Direxion Daily Semiconductor Bear 3x Shares

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SOXS trade ideas

Pull Back FishingPSQ/QQQ, FAZ/Financials, SOXS/Semiconductors, NAIL/short homebuilding, TZA/small caps, and the list goes on and on for every sector. These are leveraged and short an index. It is not the same really as going short and you do not have to borrow shares from your broker. These, plus more are ETNs. There are also reciprocals that go long an index that are leveraged. IE FAS is long financials. Anything leveraged is risky as they move 2-3 times the market movement that day. Just something I have been looking at until out market turns around and of course it is best to buy a short ETN on an up day for the market, although we have no had a whole lot of these. All of these are very close to their bottom. Most do not hold these long term. No recommendation Exchange-traded notes (ETNs) are types of unsecured debt securities that track an underlying index of securities and trade on a major exchange like a stock. ETNs are similar to bonds but do not have interest payments. Instead, the prices of ETNs fluctuate like stocks. www.proshares.com
AMEX:SOXS
by lauralea
If you like Sushi you need to read this!Betting against the market has increased significantly! In the past 2-4 weeks the volume of the 4 inverse ETFs has increased significantly (+2x)! This means lower prices are more likely! What could happen in the next 3 weeks if prices pass the Red lines? Market Reversals and the Sushi Roll Technique: In his book "The Logical Trader," Mark Fisher discusses techniques for identifying potential market tops and bottoms. Capturing trending movements in a stock or other type of asset can be lucrative. However, getting caught in a reversal is what most traders who pursue trendings stock fear. A reversal is anytime the trend direction of a stock or other type of asset changes. Being able to spot the potential of a reversal signals to a trader that they should consider exiting their trade when conditions no longer look favorable. Reversal signals can also be used to trigger new trades, since the reversal may cause a new trend to start. One technique that Fisher discusses is called the "sushi roll." While it has nothing to do with food..! The "sushi roll" is a technical pattern that can be used as an early warning system to identify potential changes in the market direction of a stock. When the sushi roll pattern emerges in a downtrend, it alerts traders to a potential opportunity to buy a short position, or get out of a short position. When the sushi roll pattern emerges in an uptrend, it alerts traders to a potential opportunity to sell a long position, or buy a short position. A test was conducted using the sushi roll reversal method versus a traditional buy-and-hold strategy in executing trades on the Nasdaq Composite during a 14-year period; sushi roll reversal method returns were 29.31%, while buy-and-hold returned 10.66%. Sushi Roll Reversal Pattern Fisher defines the sushi roll reversal pattern as a period of 10 bars in which the first five (inside bars) are confined within a narrow range of highs and lows and the second five (outside bars) engulf the first five with both a higher high and lower low.3 The pattern is similar to a bearish or bullish engulfing pattern, except that instead of a pattern of two single bars, it is composed of multiple bars. Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. Reference Article: www.investopedia.com
AMEX:SOXS
by Moshkelgosha
3
BUY $SOXS - NRPicks Jul 05The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index measures the performance of domestic companies engaged in the design, distribution, manufacture and sale of semiconductors. The fund is non-diversified.
AMEX:SOXSLong
by NewroadTrader
Buy $SOXS- NRPicks 04 JunThe Direxion Daily Semiconductor Bear 3x Shares $SOXS is an index that seeks a daily investment return, before fees and expenses, of 300% of the inverse (or opposite) of the daily return of the Semiconductor Industry Index. In the last month there has been a lot of talk about semiconductors and their scarcity, a situation that had an impact on the price of some companies that had rallied and reached new all-time highs, however, the correction was not definitive. Due to the current situation, where the production of chips and the performance of semiconductors in the short term is still in doubt, we point to a new correction that will benefit the SOXS and allow us to generate a good profitability. MACD Level (12, 26) -864.17 RSI levels oversold 14% below daily MA50
AMEX:SOXSLong
by NewroadTrader
SOXS - Accumulation remains the Trade PlanSemiconductors continue to see large Geopolitical Risks building. American Consumers have purchased their Fill. Computers, White Goods, Autos.... etal. Q3 EPS will be disappointing - EPS, Guidance, Demand. Shortages and the inherent risk have not been priced in as this event remains in waiting. VXM is squatting on Lows once again... sideways to down is our Indication. AAPL MSFT GOOG NVDA FB - will attempt another Gamma Squeeze. The State of the Semi shortage is being grossly understated.
AMEX:SOXSLong
by HK_L61
17