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$Direxion Daily Semiconductor Bull 3x Shares ETF(SOXL.US$ Note that chips are a cyclical sector. There is already excess production capacity. There will be no improvement within a few years, and there is still room for chip stocks to fall by more than 50%.
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MACRO
Fed's Williams Sees Another Large Rate Rise at July Meeting as Possible
Federal Reserve Bank of New York President John Williams said Tuesday that the U.S. central bank will be weighing another large rate rise when it meets next month. "50 [basis points] or 75 [basis points] is clearly going to be the debate among policy makers, although the actual size of the rate increase will be driven by the data", he s...
Fed's Williams Sees Another Large Rate Rise at July Meeting as Possible
Federal Reserve Bank of New York President John Williams said Tuesday that the U.S. central bank will be weighing another large rate rise when it meets next month. "50 [basis points] or 75 [basis points] is clearly going to be the debate among policy makers, although the actual size of the rate increase will be driven by the data", he s...
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