June 8, 2026

By Nigam Arora

To gain an edge, this is what you need to know today.

Nvidia CEO Talks His Book

Please click here for a chart of leveraged semiconductor ETF (SOXL).

Note the following:

• The semiconductor mania is in full swing and driving the overall market.  For this reason, the SOXL chart is important.
• The chart shows that on Friday SOXL fell 30.5%.
• The chart shows SOXL fell into zone 1 (support).
• The chart shows that volume was heavier than usual on the drop.
• RSI on the chart shows SOXL is not yet oversold, even after Friday’s drop.
• The chart shows that this morning in the early trade, SOXL is seeing significant buying and has now moved above zone 1.