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Buying On Hopium Please click here for an enlarged chart of Direxion Daily Semiconductor Bull 3X ETF (NYSE: SOXL ). Note the following: Semiconductors reflect the AI trade, and SOXL is the momo crowd’s favorite. The chart shows SOXL bounced above the top band of zone 3 (support) on Friday due to triple witching buying.
SK Hynix’s U.S.-listed ADR SKHY rises in premarket after the company said it will buy back and cancel 40 trillion won, or $29 billion, of treasury shares.
Late Monday, U.S. stock futures traded lower and oil prices eased as investors weighed President Donald Trump’s comments on Russia, Iran and the outlook for ongoing conflicts ahead of high-profile White House meetings. Dow Futures Slip as Markets Monitor Geopolitical Developments Dow futures fell 56.00 points, or 0.11%
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