Why Direxion Daily Semiconductor Bull 3X ETF Dropped Today
The Direxion Daily Semiconductor Bull 3X Shares ETF (NYSEMKT: SOXL) is a momentum back — but its momentum is moving in the wrong direction today. This ETF, which takes the performance of semiconductor stocks as a whole and multiplies it — up or down — by 3x, soared 32% in the first two weeks of…