>>20467107>Started this thread how I always do, by Ctr+F and typing "SOX" + Enter.>NothingSup niggas. You might remember me from calling these strats. That little green line at the end there is today's SOXX pump to $243, otherwise known as its All-Time-High. So we're in unknown territory right? Wrong.
The problem is, SOXL has an ATH that is higher, which makes sense, right? It's leveraged, it uses margin, so it always reflects a "distorted" price, respectively.
I don't think there is enough gas behind the ECB decision tomorrow. I think it's priced in. I also think the Job report on Friday could be good, favorable, meaning 'good news is good news,' but it still might be priced-in or too "unchanged" to make the hugest difference.
Next week is CPI and FOMC rate decision. I feel there's a lot more weight behind that. I sold calls and covered calls. We'll see what happens. Salute