$SOXL closed up nearly 18% yesterday, but has already given back a big chunk of those gains in premarket trading tonight.
According to Financial Times data, it closed at $66.03 on the 11th, up 17.78%, after reaching an intraday high of $69.73. Binance's SOXL perpetual is now trading around $62, more than 6% below the close.
Yesterday, CoreWeave's earnings report lifted chip stocks. Then Nvidia took a dive after hours, and sentiment shifted back. That's how 3x leverage works: gains come fast, and so do losses.
At times like this, don't chase premarket swings. If you're using leverage, keep your position small. Initial jobless claims are due at 21:30 tonight, and the market opens at 22:30. It's safer to wait for the data before making a move.
#美股 #SOXL
This is not investment advice. Manage your own position size.
According to Financial Times data, it closed at $66.03 on the 11th, up 17.78%, after reaching an intraday high of $69.73. Binance's SOXL perpetual is now trading around $62, more than 6% below the close.
Yesterday, CoreWeave's earnings report lifted chip stocks. Then Nvidia took a dive after hours, and sentiment shifted back. That's how 3x leverage works: gains come fast, and so do losses.
At times like this, don't chase premarket swings. If you're using leverage, keep your position small. Initial jobless claims are due at 21:30 tonight, and the market opens at 22:30. It's safer to wait for the data before making a move.
#美股 #SOXL
This is not investment advice. Manage your own position size.
