3X Long Labubu
@labubu_trader
Labubu long term investor. Only short term trading as a hobby. All of my tweets are just my shitposts. Not financial advice,
No telegram/discord/whatsapp groups
Joined July 2009
2.7K Following 77.2K Followers
This means any bounce of semis could be fragile and unstable.
If you study the fund flow of KOSPI in June/July, it showed similar patterns.
This is absolutely MIND-BLOWING:
The 3x leveraged long semiconductor ETF, $SOXL, is down -51% from its October 6th peak.
Meanwhile, the fund recorded +$3.13 billion in inflows this week, following +$6.14 billion the previous week, bringing the two-week total to +$9.27 billion and marking its largest two-week inflow EVER.
$SOXL is now down -72% from its June peak, bringing it close to levels also seen in late 2021.
Over the same period, the fund attracted +$13.6 billion in inflows, mostly from retail investors.
The semiconductor trade is undergoing a brutal reversal.
Show more
