
FRONT RUNNING MICRON EARNINGS; IRAN HOPIUM; TRUMP AND TAKAICHI TALK YEN
By Nigam Arora To gain an edge, this is what you need to know today. Momo Crowd Front Running Please click here for a chart of leveraged semiconductor ETF (SOXL). Note the following: Semiconductors reflect the AI trade, and SOXL is the momo crowd’s favorite. The chart shows that SOXL is approaching the low band of zone 2 (resistance). RSI on the chart shows the SOXL is overbought. Overbought ETFs tend to be vulnerable to pullbacks. Prudent investors should carefully watch to see if SOXL pulls back from here or penetrates zone 2. If SOXL penetrates zone 2, it will be






