ARCA:SOXLCapital Markets
SOXL: Evaluating Valuation as Volatility and Momentum Return to Semiconductor ETF
If Direxion Shares ETF Trust - Direxion Daily Semiconductor Bull 3X Shares (SOXL) has popped up on your watchlist lately, you are not alone. Investors are taking note as the fund’s price movement hints at changing attitudes toward risk in the semiconductor sector. With so much volatility packed into leveraged ETFs like this one, the recent activity may be signaling a shift in momentum or simply reflecting broader swings in the chip space.
Looking at performance, SOXL has swung higher in the...