And itâs very simple⦠â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â Good Morning! Today, I want to talk briefly about whatâs been happening in the semiconductor industry. Iâm a day trader, so I donât often focus on specific sectors or industries, but this discussion will circle back to day trading! Itâs been a rollercoaster for semiconductors over the last month, to say the least. If youâve been following the sector, you know that the semis are always at the heart of tech trends, and this past month was no different. We saw some nice gains early on, especially from the big names like NVIDIA Corp (NASDAQ: NVDA) and Advanced Micro Devices Inc. (NASDAQ: AMD). Besides great earnings, especially from NVDA in April, companies in this sector have been riding the AI wave, which has caused the market to push their stock prices up⦠Investors piled in, betting on the future of AI and advanced computing, and this kept the bullish sentiment alive and running strong. But then that sentiment reversed itself⦠Sponsored Random positions will give you random results. Instead, [Let AI guide your trade setups.]( This tool analyzes thousands of data sets to predict stock prices weeks in advance, giving you a unique "stock score." Over the past four years of testing, this score has pinpointed 45 double-digit moves! Instead of just talking about it, I'd love to show you how it works. [Click Here To Watch It Now]( This headline from July was one of many on the subject: Bloomberg Headline Of course, any other stocks that have some relationship to the AI space, like NVDA and AMD, also reversed course. Adding fuel to the fire, the broader market started getting nervous about interest rates and disappointing economic data. We saw a pullback across the board which pulled all the big runners down even further. NVIDIA Corp (NASDAQ: NVDA) One-Month Chart: NVDA One-Month, 1-hour Candles Chart; SteadyTrade Advanced Micro Devices Inc. (NASDAQ: AMD) One-Month Chart: It wasnât all bad when semiconductor stocks started failing. Why? There are always two sides to every trade⦠Enter Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS)... Yes, thatâs a mouthful. Basically, SOXS is a leveraged exchange-traded fund (ETF) that bets against the semiconductor sector. Itâs considered leveraged because it uses short positions and other derivatives. Hereâs the description of SOXS from ETF.com: SOX Description; ETF.com So now Iâm getting to the part of the discussion that will interest day traders⦠SOXS started showing up on our [Oracle]( list over the last several days. Thatâs a good thing because Oracle caught it and alerted us to intraday gains on SOXS, not just once but on three separate days. If you donât know about our proprietary algorithmic trading tool, you should! Itâs THE tool for day traders. Every morning, it scans the entire market for patterns and trends and then applies its algorithm to produce a list of 20 names with bullish and bearish signals and corresponding entry prices. And it gives us potential winners every single dayâ¦sometimes really big winners.* [Oracle is a system I canât trade without. Learn more about it here.]( [How SOXS profited off the depressed semiconductor sector.]( Tim Bohen Lead Trainer, StocksToTrade P.S. Trading ETFs and stocks is exciting and very rewardingâ¦I know because I do it every day. Have you ever considered trading options as well? If you have, you should [check out this presentation on Thursday, August 15th, at 8 p.m. Eastern](. My colleague and seasoned options trader, Jeff Zaniniri, has developed an AI-powered algorithm called GAMMA that exploits a market inefficiency, or glitch, within certain options contracts. These glitches trigger alerts in the system, which Jeff will share with his GAMMA subscribers every Monday, Wednesday, and Friday. Heâll give you all the details during next Thursdayâs live presentation, but you have to be there. [Register for the 24-Hour Glitch today!]( Sponsored Discover Tim Sykes' Weekend Trading Secret! Learn how Tim Sykes consistently makes thousands of dollars every weekend with just [one simple trade]( at 2:59 pm on Fridays. Prepare to be shocked by his method! [Uncover Tim's Secret Now]( Recommended Membership Gifts ACCESS NOW: Click below to activate exclusive content and daily market intel from our market pros. [Bohenâs Exclusive]( [Market Analysis and]( [Watchlist Videos]( [Daily Strike Report Newsletter with Ben Sturgill and Jeff Zananiri](
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