
7X SK HYNIX OVERSUBSCRIPTION BRINGS BUYING IN SEMIS, EARNINGS SEASON AHEAD, OIL PULLS BACK AFTER IRAN ATTACKS
By Nigam Arora To gain an edge, this is what you need to know today. Buying In Semis Please click here for a chart of leveraged semiconductor ETF (SOXL). Note the following: Semiconductors are the leading sector that has been driving the stock market higher. SOXL is the momo crowd’s favorite semiconductor ETF. The chart shows that the selloff in SOXL yesterday stopped at the low band of zone 2 (support). The chart shows that this morning there is aggressive buying in semiconductors, and SOXL is now above the upper band of zone 2. Buying in semiconductors is lifting the overall






