“Memory Stock Crash, Bessent Bailout, Iran, Stocks & Real Estate”
SOXL is a risky 3x leveraged ETF that can go to zero permanently and is forced to sell into weakness, potentially worsening market declines.
Oh, it's soil's the 3x.
Uh so you know when those expectations shift or like the Korean situation happens that that hits the index pretty hard. Uh wow that's a big allocation in there. Sockil, and I'm not saying that like it's now and it's it's definitely the bottom.
But, uh the real concern is, you know, when a 3x ETF goes to zero, it doesn't come back. The leveraged ETFs don't.