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Bullboard - Stock Discussion Forum
Direxion Daily Semiconductor Bull 3X Shares
SOXL
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial...
instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures the performance of domestic companies engaged in the design, distribution, manufacture and sale of semiconductors. The fund is non-diversified.
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Bullboard (ARCA:SOXL)
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•••
throwaway11
X
Comment by
throwaway11
on Apr 10, 2025 11:13pm
RE:SOXL Buying the Dip
Because of decay SOXL recovers about 60% of its original value vs the market. e.g. If hypothetically this is the bottom (probably isn't?) then SOXL should recover to ~$24.
(6)
•••
10QKing
X
Post by
10QKing
on Sep 30, 2024 2:33pm
SOXL Buying the Dip
SOXL Buying the Dip
(3)
•••
Contra_Man
X
Post by
Contra_Man
on Apr 25, 2023 3:47pm
Shake 'N Take
Added as now filled fifteen (15) SOXL-N positions @ $13.24 to now hold 15/15 inventory allocation.
Thank You
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