Don't catch the flying knives! South Korean retail investors are aggressively buying $3 billion to bottom-fish SOXL, but where is the bottom? Intel's earnings report caused a "nuclear explosion" with a single-day plunge of 28%, the Philadelphia Semiconductor Index plunged 7.2% breaking below the 200-day moving average! Coupled with ChangXin Memory challenging the AI storage narrative, the semiconductor sector is bleeding heavily.
