$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ There were record inflows into SMH and SOXX last week, coming right after what looked like manufactured near-capitulation conditions. The data is easy to check, but spreading fear and FUD seems to be the easier route for some. According to Bloomberg, institutions have been vocally and greedily snapping up oversold semi shares — so it ended up being a great time to add to any long position in SMH and SOXX.
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