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SOXS

SOXL price prediction for 2/1/2022We all know you cannot predict the market, but here's my opinion for this Semiconductor ETF by February 1, 2022. I base this prediction on the continued exodus from risk assets because of the likely FOUR rate hikes this year. I see NO support levels between our current price and the prior highs of 45+- There are two trend lines that would intersect at this level by February 1. I think a trend change could occur at one of the next two Fed Reserve meetings; January 25,26 or March 15,16. Just my opinion, but I think Semi's will continue to lead the market as a whole, so get ready to buy in hard once we get some support.
AMEX:SOXLShort
by Sacyourking
6
BUY $SOXS - NRPicks Jul 05The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index measures the performance of domestic companies engaged in the design, distribution, manufacture and sale of semiconductors. The fund is non-diversified.
AMEX:SOXSLong
by NewroadTrader
SOXS - Accumulation remains the Trade PlanSemiconductors continue to see large Geopolitical Risks building. American Consumers have purchased their Fill. Computers, White Goods, Autos.... etal. Q3 EPS will be disappointing - EPS, Guidance, Demand. Shortages and the inherent risk have not been priced in as this event remains in waiting. VXM is squatting on Lows once again... sideways to down is our Indication. AAPL MSFT GOOG NVDA FB - will attempt another Gamma Squeeze. The State of the Semi shortage is being grossly understated.
AMEX:SOXSLong
by HK_L61
17
TQQQ - Sell to open 143.55Globex SELL - 143.55 x 2K - 1st Position SEC warns ​on China's Listings transparency. China remains the 800lb Gorilla in the room. The rising wedge broke, only to be retested with the required new ATH. Big tech with the exception of FB/GOOG will be lowering guidance, reducing EPS to compound prior Q2 negative guidance. AMZN YOY Warning stuck, AMZN has had difficulty moving higher - ie. dead $. Big Data will excel while Semiconductors come under further Duress (SOXS SELL 40K) Our Sell Position is to 4K shares, the target below remains a break of the prior lows. Geopolitical Risks remain high within the SCS/Taiwan areana. Interest Rate pressure will continue to build as the Yield Curve's 10 - 30 spread is setting up to decline in Price as Yields move higher into Fall. FX is projecting a Higher DX, consolidating as Consumers continue to increasingly Hoard Dollars.
NASDAQ:TQQQShort
by HK_L61
7
NQ - Building December SELLs NQ ES RTY YM - First EntriesMNQ STO - 10 x 15365 MNQ STO - 5 x 15360 MNQ STO - 5 x 15355 MNQ STO - 5 x 15350 EQ - 2.5 NQ Sells After Kaplans later Friday reversal, the die was cast for the cartoonish over throw. Our Initial Target from 3 weeks ago was 15363, this target was met and exceeded in the NQ SEP CT @ 15384. We will continue to use SEP as the BTO Hedge, we closed 2 NQ from 170 break at 322. We hold Zero SEP Hedge for NQ currently. We remain in a large Bid for SOXS, with 28K @ 6.91~ ES -STO 6.5K CTs RTY - 0 Positions YM - 0 Positions CL - STO 7K 65.87 VXX - BTO 6 CTs 2644 VX - M1/M2/M3 BTO 8 CTs on Curve VXM - M1 40MCTs SOXS - 28K ~ 6.912 ___________________________________________________________________________ The VIX Curve implies an 86% chance of increased Volatility for the Indices today. Extremes in many metrics and indicators, keep us in a Line Feed Out strategy for a violent reversal. The Monthly patterns, imho - are completing off two historic conditions: 1. A break away monthly Gap - never occurred in History, never. 2. 7 Monthly Bull Bars probability is 12:1 against. An 8th has never occurred in the past 25 Years. Market breadth is extreme in its weakness. Gamma was once again the driver, with vastly reduced Call Volumes. AAPL TSLA GOOG NVDA - another attempt at GS will fail imho AMC Apes bought the 39s... we are seller of AMC from 37.50 to 41.00 TSLA - Sellers at 720 - 750 ARKK - Sellers 120.11 to 125 WE Anticipate a violent reversal very soon. Ideally, today should close Negative no later than Globex. Prosperity to those positioned for the reversal. - HK
CME_MINI:NQ1!Short
by HK_L61
17
VIX - Trade Plan for VOL CRUSH ReversalBuy J U N K, chase green bars, chase false overthrows... Patience, Analysis, Temperament, Constitution of Trade Plan - Probability favors all. BTD chasers. We'll happily take the opposing trade and here it is: Volatility Crush Reversal VIX Curve - ON Gap Fills of VIX Cash/Spot & VX Curve we will have completed inverse ladders on the following Positions: VXX 5K - Objective 20K Position, Projected lows into Wednesday ~ 25.08 Trade Structured INV LDR @ 25.68, 25. 36, 25.12, 25.06. VX Curve: M2 - 0 Position / Objective 5K VX Curve M3 - O Position / Objective 5K VX Curve M4 - 0 Position / Objective 2.5K ______________________________________________________________ SMH/TECH Extension to Target & Top Tick 7-9 Large Cap Prop SOXS: 40K Position / Objective 60K NQ: 0 Position / Sell INV LDR to 15363 overthrow TSLA - 50 @ 720 Nov Puts / Objective 100 to 780 Hedge only on Gamma FM Only, Theta not an issue Shares 400 / Objective 1500 INV LDR to 780 AMC/GME - Digging in to kill the roll AMC - Position Objective 12.5K to 37.88 GME - Degenerates are eyeballing 300 GF, no fill until 2022 Collar at 195 Strike out through November. __________________________________________________ Financials ZB - 0 Position, TLT Gap Fill ahead Wednesday Fed minutes for entry ZN - 0 Position, TLT Gap Fill ahead Wednesday Fed minutes for entry TLT - 0 Position, Gap Fill ahead Wednesday Fed minutes for entry NQ BANK - Observing Bank as RTY ES will catch the head fake for entry. Financials will drive ES RTY YM Entries Hedges will be Large Micro CTs in Bracket, OCO form for high turn entry/exit - Hedge ONLY. Powell - Still Thinking about... *Clarida - Taper could begin later this year Quarles - See's Taper discussion coming into view *Brainard - Echoes Taper discussion for September *Waller - Reduction of Bond Purchases in October *Bowman - Policy Statement Support ahead, Hawkish THE BOG HAS TURNED HAWKISH. Events: ALL BOG Members voted for/supported: Individual capital requirements for all large banks, effective on October 1, 2021 $1 Trillion CBCD central bank digital currency Policy Objective Enforcement actions have been tailored to NY/NJ Banks, epicenter of US Finance
CBOE:VX1!Short
by HK_L61
3
SOX, SMH needs to hold hereTheres a saying that SEMIs lead the market. $SMH finally broke an upper band trendline that took alot of work to do because of very little volume. Its tired and wants to rest. This is an important test but bids need to come back. Will June be the month when buyers pile back in? My gut tells me we hit 252 this week then break down again or at least stay above the band. Stocks that had great earnings but got slaughtered will do well. $SMH will be range bound till July earnings.
NASDAQ:SMH
by CTRLZEEE
SOX: Semiconductors may experience sell off soonWhile most people consider the semiconductor shortage to be bullish for semiconductor stocks I believe there is a serious case for a bear scenario. With the supply chain this heavily disrupted it is possible that while margin will be high on individual sales the number of sales is lower considering the variance in the types of semiconductors that need to be purchased for different products as well as the increased competition that is going to exist between Semiconductor Manufacturers. To profit off of this thesis I will be purchasing SOXS Periodically until I believe the move may complete. I am viewing this as an ABC correction on SOX. High valuations need to be supported by revenue and next earnings will betray the earlier semiconductor stock boom that was spurred on by Covid.
AMEX:SOXSLong
by myceliium