@KenPaxtonTX The only thing real about Paxton is his support for corruption,fraud, immorality, infidelity and the pedo community -convicted and not yet convicted.
Leveraged ETFs in chip stocks are seeing historic capital flows.
Global leveraged and inverse ETFs tracking SK Hynix now hold ~$5.5 billion in assets, the most of any single stock worldwide.
This is followed by Micron, $MU, and Nvidia, $NVDA, which account for ~$5.1 billion and ~$4.8 billion in leveraged and inverse ETF assets, respectively.
By comparison, Tesla, $TSLA, is the largest non-chip name on the list, with ~$3.7 billion tied to the stock.
In total, semiconductor-related names account for ~$21.0 billion in leveraged and inverse ETF assets.
Meanwhile, the 3x leveraged US semiconductor ETF, $SOXL, attracted +$6.9 billion in inflows in July, the largest monthly intake in the fund’s history.
Chip stocks have become the center of leveraged ETF exposure.
@wesbury Funny I don't know a single one with those imaginary friends list symptoms and I know a heck of a lot of people. Any updates on when my right arm, head and left foot will be rotting off? I'm still not able to plan my days.
@GregAbbott_TX There was a time(basically over my 49 yr as a GOP UNTIL the radical muslim-like splinter group MAGAtard nation shape shifted into our lives and began it's cancer like spread of everything I was taught to be aware of as assault on basic values and principles of decency)but not now