“The Leveraged ETF Trap That Could Wreck Tech Stocks”
SOXL's leverage amplified the semiconductor sector's rally and decline, making both moves larger than fundamentals warranted.
It was it was fueled by extra you know by these leveraged ETFs like the sockel sooxl is the bullish uh semiconductor ETF and it was like $35 billion and it was a three times ETF so that's like a hundred billion and so that caused the rally to be larger than it needed to be and it caused the decline to be more than it needed to be