/biz/ - Business & Finance

SOXL bros..

>>58173611
SOXS is the answer. Face it. Semiconductors are sand in all but the name. The desire for newer, faster, more is unsustainable. Computers, GPUs, self-driving electric cars, AI enhanced smartphones, medical devices, microcontrollers, networkinging gear, machine learning, surveillance, infrastructure, military, and all that other bullshit that people and the government don't have enough money to buy are not needed. No matter how many cores, how fast or efficient, it won't be enough to convince consumers to upgrade from their 10-year-old i5 2500k. The disdain for fresh silicon gives nary shit for national identity, creed, hue, gender, asshole virginity or other vain conceit; the multitude speaks in singular. The plea: not semiconductors.
SOXS couples a single ETF entry point with the the "best" companies the semiconductor space has to offer then pushes their already horrific returns to your advantage with 3x inverse leverage, all responsibly managed via daily rebalancing to boot. SOXS counteraligns your economic interests with meme stocks like Nvidia, Qualcomm, Intel, Broadcom, Micron, Texas Instruments, Applied Materials, et al. """tech companies""" with unnecessary products, not ad companies making billions a day off boomers' eyeballs. In the last 7 days, SOXL has exploded over 1.1x yet still we are early. Semiconductor contraction will proceed exponentially until every viable space runs on mechanical devices, hydraulics, and pencil and paper. This is a fait accompli; the sheer number of interested parties and obviously compelling outcomes make it so. The rejection of increasingly complex and unreliable sensors, microcontrollers, information processing, and storage out of everything will be this era's seminal revolution, a revolution with SOXS holders planted firmly at the receiving end.
Stop waiting for the "pullback". Where we're going, fretting over a few dollars is meaningless. The deliberation is over; waiting is a failure mode. Now. Buy it now.

Threadly reminder that semiconductors are tulip mania 2.0 and you're going to lose all your money