Traders are swiping right on volatility, using leveraged ETFs to play quick moves. Palantir's earnings highlight split sentiment in tech. Valuations and growth are under scrutiny.
Nvidia GTC kicking off today, laying groundwork for AI and semiconductor excitement. ETFs may see momentum, as in past GTCs, with increased AUM and top-performing funds. Chinese companies showcasing at GTC may affect U.S.-China AI rivalry and ETF performance.
Traders are using leveraged and inverse ETFs to take advantage of market shifts. Analysts discuss strategies for semiconductors, Chinese markets, and single-stock opportunities.
Nvidia's market dominance and valuation may face challenges in the future. Direxion offers tools to trade both bullish and bearish trends in the semiconductor sector.
Direxion Daily Semiconductor Bull 3X Shares (ARCA: SOXL) surged to new 25-month highs between March 1 and March 8, which Benzinga pointed out was likely to happen on Feb. 29.
Direxion Daily Semiconductor Bull 3X Shares (ARCA: SOXL) was surging over 7% on Thursday, looking to print a higher high to confirm its uptrend remains intact.
Direxion Daily Semiconductor Bull 3X Shares (ARCA: SOXL) was diving over 7% lower Tuesday, in tandem with the general market, which saw the S&P 500 gap down to trade about 0.5% under Friday’s closing price after inflation data released last week
