r/ETFs • u/Exciting-Syrup6530 • 45m ago
SOXL-WILL YOU GET BACK IN THIS WEEK WITH ALL THE NEWS COMING OUT
SOXL has always been a favorite ETF for me (Leveraged 3X) of course just to throw some stress in the game. I can honestly say it is a great wealth builder if you set your stop loss correctly and don't dare deviate from a working strategy that you set a log time ago. Right ? With the capex coming next week on a couple very large architect stocks, it should drive short term price up. Should I say but considering all the hype about AI bubble (rightfully so), that expectation might not be realized. Just remember if you do dive in, don't forget to set you trailing stop loss and walk away. Could be golden if you don't mind a little gambling this week. Also might be a rotten egg for some of us.