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Heading back up to the $40+ promise land again.
SOXL $35 target cash out today $31s long love for Yellen PPT team and Powell pumpers
Closed out my SOXL for today. Off to the beach for a late summer swim this afternoon.
Really like the 3 month chart on this today. This could be in a double-bottom and in a few days start turning up. Been picking up shares for the longer haul.
Watch out folks, if greedy little turds like Wolly have owned and bragging, they will be selling soon. He thinks like a criminal and acts like one too.
Grabbed even more at $36.10
Grabbed a bunch at $37. Screaming "BUY ME!" price.
Month later still waiting lol https://twitter.com/APEXPENNYSTOCKS/status/1679939715502407680;
I also have been waiting since it went down to $13 thinking it will go down to $11
But I have few hundred shares though wanted to accumulate more at low prices
lol this one was nice. Waited on a pullback that never came. At one point held 3000 shares at a cost bases of 12 bucks and got out below 15........My fault for trying to chase more sparkley things. SHould have held at least 100 shares........gotta be greatful I made some coing though.
out SOXL 14.80
Final add SOXL 13.95
added 14.06
SOXL has been underperforming TQQQ all day. Sold my SOXL and jumped over to TQQQ.
TQQQ performing considerably better FWIW.
Money coming in to SOXL early this morning. Good sign for the semi-conductor sector IMO.
Looking for higher highs from here now, unless the FED goes stupid tomorrow afternoon.
Thanks, looking for a slight pull back next week in the entire market. Not sure I will get it.
I've exited an sticking with flipping the 3xQQQ's.
Best of luck to you with the semi-conductors.
I see you waited for the bottom lol. Actually, I am just now profitable. Added some in the lows but not too much.
Back in to SOXL. (Who CARES, Lucky?!)
Just stick with the real news not that fake mainstream media CNN news..the fake CNN news is so that Defense Contractors who have bought out all Congress members with donor money from their lobbyists can sell more weapons with the War Scare theme on Taiwan. This theme works well for both China and US as they both have an excuse to create larger Military budgets and more payoffs to respective politicians in both countries.
Real news not published on mainstream media:
Department of Commerce filings announces agreement for China to use U.S. chips to build supercomputers. China and US reach Chip agreement per US Department of Commerce 139 page filing
https://public-inspection.federalregister.gov/2022-21658.pdf
In reality if you get the Worldly picture outsourcing Chips from the US to China will be needed to supply China’s future huge demand, therefore the plants being built in Phoenix..
https://azbigmedia.com/real-estate/taiwan-semiconductor-launches-38b-phoenix-presence-by-signing-major-lease/
This tuber here explains very well how the Chinese stock market and the US stock market are virtually brother and sister. Vanguard, Fidelity and Blackrock use their money market funds to either pump or short markets by either providing liquidity or shorting it by restricting liquidity.
Friday was the perfect example of the Fed and the Big 3: Vanguard, Blackrock and Fidelity and other institutions shorting the Chinese market by restricting liquidity in their money market funds using reverse repo facility..
How it’s done? Singapore using Supranational financial powers where for example: DBS Bank which is Chinese is tied directly into Singapore money market fund which is part of the Vanguard money market liquidity fund.
When the Evergrande real estate scandal ocurred in China it was the Fed doing the bailout with Vanguard as financing vehicle to make sure Evergrande didn’t completely collapse.
Not to bore you but this is how the Fed’s reverse repos are used to backdoor the markets to pump them up or down..
Well, you are not wrong lol
Picked up a BUNCH of shares this morning. This puppy wants to IGNITE!
Nice. Still in wanting a little higher but want to be careful going into intel earnings.
out at .44 have a good day yall
Guessing we have another week of Category 5 rising and falling of the indexes before we take off for the elections. We'll see ...
Personally I think we see a short cover rally for the next few weeks then more weakness
It will in my opinion this is Fed pivot time for the elections playing out. Markets going to fly now. Who cares if crude oil prices going up again and it causes more inflation its transitory say Janet Yellen and Jerome Powell.
Chip bill going to pay for a lot of pumping of chip stocks eventually. Chip bill is like the QE for semiconductors.
So maybe at $15 rejected then you exit with 100% gains
It has to break 15 to reverse the downtrend be careful
waiting till this settles a bit. Right now isn't the time to buy more of anything long term. But still holding some fwiw.
Here is your real catalyst .. Department of Commerce filings show China to use U.S. chips to build supercomputers. China and US to jointly develop a more powerful supercomputer
https://public-inspection.federalregister.gov/2022-21658.pdf
How did chips go from epic shortage to massive deflationary as IMF updates GDP forecasts
"Load 'em UP - the train is leaving the station!"
Yep intel is next earnings. Believe it or not I am still in it but expect it to go just a little lower. Picked up a Tiny bit of Intel and looking again once VIX, and the dollar settle a little.
$11.05 was NOT a good price to buy!!!!
AMD earnings spoiled the party.