Chip and Dip: Is Semiconductor Weakness a Leveraged Buying Opportunity?
This article was originally published on ETFTrends.com.
In a pre-Thanksgiving rout, the broad market is feeling the pain of indigestion as the Dow Jones Industrial Average swallowed up to 500 points of losses, but the declines in the technology sector, specifically leveraged semiconductor exchange-traded funds (ETFs) like the Direxion Daily Semiconductor Bull 3X ETF (NYSEArca: SOXL), could benefit from a dip in [...]