Leveraged Bulls Aren’t Hopping Off the Semiconductors Train
April 28, 2021 at 08:00 AM EDT
The global chip shortage is being further supplemented by semiconductor companies’ strong first quarter results. Q1 profits like those from NPX Semiconductors are allowing traders to keep riding the bullish the Direxion Daily Semiconductor Bull 3X ETF (SOXL). “NXP Semiconductors swung...