July 7, 2026

By Nigam Arora

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

Samsung Warning

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 yesterday investors were buying SOXL, but SOXL was not able to hold its gain.
• We shared with you in the Morning Capsule yesterday that buying in semiconductors in the U.S. was mostly the momo crowd buying in anticipation of good Samsung (SSNLF) earnings.
• The chart shows the fall in SOXL in the early trade this morning after Samsung earnings.