$SNXX Update: SNXX, the 2× daily leveraged SNDK ETF, remains highly volatile. It recently traded around $15–$16 after a strong rebound, with the latest data showing roughly 42% weekly gains but nearly a 10% one-day drop, highlighting the extreme risk. 📈⚠️ The bullish case depends heavily on continued strength in Sandisk (SNDK) and the AI/memory-storage cycle, but because SNXX resets its leverage daily, it is much riskier to hold than SNDK itself. Bias: bullish but extremely high-risk; watch SNDK closely rather than treating SNXX as a normal long-term investment.