SOXL - Direxion Daily Semicondct Bull 3X ETF
111.50 +0.08 (0.07%)
After hours: 7:10PM EDT
| Previous Close | 109.29 |
| Open | 111.50 |
| Bid | 0.00 x 1200 |
| Ask | 0.00 x 800 |
| Day's Range | 108.44 - 113.38 |
| 52 Week Range | 108.00 - 209.00 |
| Volume | 546,791 |
| Avg. Volume | 662,837 |
| Net Assets | 649.24M |
| NAV | 154.58 |
| PE Ratio (TTM) | N/A |
| Yield | 0.60% |
| YTD Return | 12.68% |
| Beta (3Y Monthly) | 4.12 |
| Expense Ratio (net) | 1.06% |
| Inception Date | 2010-03-11 |
- ETF Trends•5 days ago
Are Bears Ready to Wrestle Semiconductors from Bulls?
The Direxion Daily Semiconductor Bull 3X ETF (SOXL) has been riding high on the strength of the technology sector in the historic bull market run seen in U.S. equities, but is time for the bears to wrestle control from the bulls and thus, benefit the Direxion Daily Semiconductor Bear 3X ETF (SOXS) ? Last week's stock sell-off hit the technology sector and in turn, hurt semiconductors as well with the iShares PHLX Semiconductor ETF (SOXX) following the demise of U.S. equities that saw a 1,300 point loss in the Dow Jones Industrial Average in two consecutive days. As such, SOXS overtook SOXL amid the rout in U.S. equities, but is this a sustainable run?
- ETF Trends•13 days ago
Significant Upside for Leveraged Chip ETF Ahead?
In recent weeks, semiconductor stocks and the related ETFs have been enduring punishment. Some analysts believe the group has more downside. If accurate, that thesis could mean significant upside for the ...
- ETF Trends•17 days ago
Could This Be The Right Chip ETF Right Now?
Semiconductor stocks and ETFs faltered Thursday after Deutsche Bank lowered its 2019 earnings estimates for several names in the group, saying the industry could be heading for a big downturn. Deutsche ...
- Investopedia•22 days ago
Top 5 Semiconductor ETFs for 2018
The PC market has dipped recently, which hurts many semiconductor stocks. However, semiconductors continue to be indispensable in phones, games, cars, military weapons and even home appliances. Also, cloud computing is increasing the number of devices needed to access the cloud.
- TheStreet.com•last month
Why Semiconductor Investors Should be Watching The Tariff News Closely
President Trump may slap additional tariffs on $200 billion worth of Chinese goods, and it looks as though U.S. tech companies, including semiconductor companies, are at risk. The tariffs could be on components chipmakers need to buy from China in order to make the actual chip, which would put pressure on those companies' margins. John Meza, senior equities analyst at USAA, told TheStreet it's not clear what impact tariffs would have on the semiconductor industry.
- ETF Trends•last month
Best Buying Opportunities in Semiconductor Weakness
The 200-day moving average has been a support test for semiconductors and with the recent drawdown below that technical indicator, buying opportunities could be had for investors looking for leveraged plays like the like the Direxion Daily Semicondct Bull 3X ETF (SOXL) or the Direxion Daily Semicondct Bear 3X ETF (SOXS) . Given the performance run semiconductors have had in the last two years, analyst sentiment is beginning to sour with downgrades in big semiconductor names like Micron, Lam Research, Western Digital and Entegris. Last week, the iShares PHLX Semiconductor ETF (SOXX) posted record outflows of $393 million and more could come if U.S. President Donald Trump moves forward with additional tariffs on $267 billion of Chinese products, which would include computer parts like semiconductors. Based on data from the Peterson Institute for International Economics, the list of possible targets from the U.S. trade representative on the goods, include tariffs on more than $15 billion in computer parts and another $8 billion in computers themselves.
- Benzinga•last month
A Chip ETF Bleeds Cash; Some Of It May Be Going Here
Semiconductor stocks are struggling in September, a fact reflected by the PHLX SOX Semiconductor Sector Index. That well-known benchmark of chip stocks is down 1.72 percent month-to-date as analysts and ...
- ETF Trends•last month
Tariff Wars Could Present Opportunity for Semiconductor Investors
The iShares PHLX Semiconductor ETF (SOXX) posted record outflows of $393 million for the week ending September 7 and more could come if U.S. President Donald Trump moves forward with additional tariffs on $267 billion of Chinese products, which would include computer parts like semiconductors. As such, this could present an opportunity for semiconductor investors in leveraged plays like the Direxion Daily Semicondct Bull 3X ETF (SOXL) and the Direxion Daily Semicondct Bear 3X ETF (SOXS) . Based on data from the Peterson Institute for International Economics, the list of possible targets from the U.S. trade representative on the goods, include tariffs on more than $15 billion in computer parts and another $8 billion in computers themselves.
- Investopedia•2 months ago
Top 5 Semiconductor ETFs as of August 2018
The PC market has dipped recently, which hurts many semiconductor stocks. However, semiconductors continue to be indispensable in phones, games, cars, military weapons and even home appliances. Also, cloud computing is increasing the number of devices needed to access the cloud.
- ETF Trends•3 months ago
Semiconductor ETFs Shrug Off Intel Downgrade
Shares of Intel Corp slipped 1.4% on Monday due to an analyst downgrade, helping to bring the Dow Jones Industrial Average into the red by over 60 points in the early trading session before the Dow staged a rally to go up over 60 points of 1:00 p.m. ET. ETFs with Intel shares were started on the downside, but are not up-- Direxion Daily Semicondct Bull 3X ETF (SOXL) --up 0.67%, ProShares Ultra Semiconductors (USD) is up 0.07% and VanEck Vectors Semiconductor ETF (SMH) gained 0.13%. The drop in Intel came as a result of Barclays lowering its rating of Intel to equal weight from overweight, citing that the chipmaker needs to evidence that its next generation of chips will outperform those by rival chipmaker AMD.
- ETF Trends•3 months ago
Betting on a Semiconductor Comeback Times Three
When looking at the PHLX Semiconductor Index specifically, 2018 hasn't been kind to the sector as it's been down 0.77% year-to-date, largely dragged down by trade wars between the United States and China. Since the beginning of July, it's dwelled below the 50-day moving average, but that could change if the positive news from earnings reports provides a fundamental peek inside the sector that runs contrast to the trade wars.
- Investopedia•3 months ago
Top 5 Semiconductor ETFs as of July 2018
The PC market has dipped recently, which hurts many semiconductor stocks. However, semiconductors continue to be indispensable in phones, games, cars, military weapons and even home appliances. Also, cloud computing is increasing the number of devices needed to access the cloud.
- Market Realist•4 months ago
Will Tax Cut Tailwinds Continue to Help Durable Goods Orders?
Durable goods orders, a key economic indicator, are the new orders placed with domestic manufacturers for delivery of high-value factory hard goods. The US Census Bureau conducts its “Manufacturers’ Shipments, Inventories, and Orders” survey and publishes the durable goods orders data. A total of 3,000 American manufacturers from 92 different industries are surveyed for this report.
- ETF Trends•4 months ago
Semiconductor ETFs Take Hit as Dow Losses Reach 400
The losses continue to rack up for the Dow Jones Industrial Average as it reached a 405-point loss before Monday noon Eastern Time with semiconductor ETFs also taking a hit as trade concerns turn their attention to the technology sector. The U.S.-China trade tensions went up another notch as U.S. President Donald Trump purportedly threatened to restrict Chinese investments in U.S. technology companies. In turn, the NASDAQ opened in the red for the third time, dropping over 150 points with semiconductor companies like Intel and Micron taking the brunt of the market punishment unleashed on the tech sector.
- Investopedia•4 months ago
Top 5 Semiconductor ETFs as of June 2018
The PC market has dipped recently, which hurts many semiconductor stocks. However, semiconductors continue to be indispensable in phones, games, cars, military weapons and even home appliances. Also, cloud computing is increasing the number of devices needed to access the cloud.
- Market Realist•5 months ago
Could Earnings Season Save the Tech Sector from Turbulence?
After an incredibly smooth ride last year, technology and semiconductor stocks are encountering a lot of turbulence this year. Facebook has faced its share of problems. Google got tarred with the same scandal even without the direct problems Facebook saw.
- Zacks•5 months ago
7 Top Performing Leveraged ETFs of May
The frequent change in sentiments raised the appeal of leveraged ETFs as investors sought to register big gains in a short span.
- Market Realist•5 months ago
Tax Rules: Are Changes Helping Durable Goods Orders?
Durable goods orders reflect new orders placed with domestic manufacturers to deliver high-value factory hard goods. The durable goods orders in April were reported below the market expectations. The durable goods orders decreased by $4.2 billion or 1.7% to $248.5 billion.
- Benzinga•5 months ago
Which Sectors Have Been The Most Popular Among Short-Term Traders In 2018?
Looking at the year-to-date fund flows of Direxion ETFs, the largest issuer of leveraged ETFs, the Direxion Daily Financial Bull 3x Shares (NYSE: FAS) has had $227.78 million of inflows in 2018, making it the Direxion fund with the most growth this year. Interestingly, the Direxion Daily S&P 500 Bull 3x Shares (NYSE: SPXL) has had $217.56 million of inflows this year, making it the second most popular of Direxion’s 70 leveraged ETFs. “If you look at 2017, the growth flow we had in our S&P products for the entire year, we’ve had more than half of that amount in the first few months of this year,” said Sylvia Jablonski, managing director of Direxion.
- Benzinga•5 months ago
Traders Flocking To A Rebounding Chip ETF
Semiconductor stocks and the related exchange traded funds (ETFs) endured their share of volatility late in the first quarter and to start the second quarter. For example, the PHLX Semiconductor Sector ...
- Market Realist•6 months ago
Are New Tax Rules Pushing Durable Goods Orders Higher?
Durable goods orders are an economic indicator that shows new orders placed with domestic manufacturers for delivery of high-value factory hard goods. The US Census Bureau publishes this report and the data required to prepare this report is collated from the US Census Bureau’s “Manufacturers’ Shipments, Inventories, and Orders (M3)” survey. The durable goods orders report for March was released on April 26.
- Benzinga•6 months ago
As The Market Scrambles Over Tech And Trade Fears, ETF Fund Flow Signals Interesting Rotation
Fear continues to grip traders and investors in a wrestling match between a market filled with fundamental promise and a global and domestic economic picture that is just this side of bedlam. Major U.S. indexes continue to rise and fall by full percentage points daily, moving in tune with downward pressure from Nasdaq-listed tech stocks like Facebook, Inc. (NASDAQ: FB) and Apple, Inc. (NASDAQ: AAPL).
- Investopedia•6 months ago
Top 5 Semiconductor ETFs as of April 2018
See why these 5 stellar semiconductor ETFs are ahead of the pack in 2018.
- Market Realist•8 months ago
Will Tariffs and Tax Reforms Revive Durable Goods Orders?
The durable goods orders metric is an economic indicator that reflects new orders placed with domestic manufacturers for the delivery of factory hard goods in the near term or future. The US Census Bureau publishes this report every month and it is prepared based on results from the US Census Bureau’s Manufacturers’ Shipments, Inventories, and Orders (or M3) survey, which is a voluntary survey authorized by Title 13 of the United States Code.
- CNBC Videos•4 months ago
If history is any indication, there's more pain ahead for...
Carter Worth, Cornerstone Macro, on whether now is the time to short tech. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Guy Adami.
