$SOXS

SOXS

Direxion Daily Semiconductor Bear 3X ETF

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As of 09-13
08-24
Meet KevinPublished 2026-08-24
“Memory Stock Crash, Bessent Bailout, Iran, Stocks & Real Estate”
$SOXSBearish
SOXS is a high-risk 3x leveraged ETF; leverage destroys staying power and can lead to total loss, so avoid it.

ETFs. they'll have to basically sell into red at the end of the day. And so that sucks. Like Socks is going to have to sell at the end of the day. And sometimes that actually leads the market to sell off worse at the end of the day.

Uh because they're basically selling into weakness. And usually our logic is, oh, we should be buying into weakness. Uh but that doesn't work with leverage. As usual, leverage is is the the death nail.

Uh, and so I I love the components in socks. I think there's some fantastic companies in there. Uh, you know, but but leverage will kill the staying power.

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