I closed $Direxion Daily TSLA Bull 2X Shares(TSLL)$ ,TSLL's price rebounded, partly due to Trump buying a new Tesla to show support. The price was much lower on 11 March, which made me realise I had bought in after a much higher price. I took this opportunity to sell after being in the red p&l for the past few days.
I opened $iShares 20+ Year Treasury Bond ETF(TLT)$ ,I bought TLT ahead of tomorrow's CPI release. If inflation comes in lower than expected, TLT could rise. Plus, bond ETFs feel safer than stocks right now, given recent bearish trend in the US stocks market.
I opened $Direxion Daily TSLA Bull 2X Shares(TSLL)$ ,I looked at TSLL's closing prices over the past few trading days: $10.66 on March 7, $10.75 on March 6 and $12.13 on March 5. This ETF has been falling - could a rebound be coming? As Buffett says, "Be greedy when others are fearful."
I closed $Direxion Daily TSLA Bull 2X Shares(TSLL)$ ,I was willing to trade TSLL because despite the stock's recent bearish trend, I believe the company's financial strength is solid, making it unlikely to go out of business.
I opened $Direxion Daily TSLA Bull 2X Shares(TSLL)$ ,I've always been bearish on Tesla but I bought TSLL today because the price dropped sharply. While I still have a bearish outlook on Tesla, this was a short-term trade rather than a long-term investment. In the short term, I expect a rebound but in the long run, I believe it remains overvalued and could see further correction.
I closed $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ ,I sold SOXL because it seems to be in a bearish trend recently. There appears to be fear in the market, possibly influenced by factors like tariffs. In a bearish market, my strategy is to avoid holding too long as prices might continue to fall if fear persists.
I opened $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ ,I'm interested in semiconductor stocks but I find buying individual stocks risky since I can't predict whether my picks will perform well. On the other hand, the SOXL etf offers more diversification, which feels safer for someone like me who is risk-averse. Since ETFs generally hold a mix of assets, they are less likely to face the same level of risk as individual stocks and unlike a single company, an ETF is not as vulnerable to bankruptcy. This makes SOXL a more appealing choice for my investment strategy.
I closed $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ ,I personally believe SOXL is well-suited for active trading due to its rapid price fluctuations within the same day. At times, the price swings up and down quickly, which, if I'm fortunate, can lead to quick profits.
I opened $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ ,I purchased SOXL because I believe this ETF has strong potential for price gains, especially given the higher pre-market trading price and when US market just opened today. My plan is to trade it and sell before the market closes today if it reaches my target price. However, I'm also open to holding onto it if I can't sell by the end of the day.