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Relative Strength Of SemiconductorsBespoke Investment Group • Thu, Nov 29, 2012 -
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10 Reasons Semi Sales Will Be Sub-Seasonal In Q1Paul Peterson • Mon, Dec 19, 2011 -
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Chip Sector M&A Headed For A SlowdownThe 451 Group: Inorganic Growth • Fri, Oct 14, 2011 -
Semiconductor ETFs Lag Market, Stay Below 50-Day Moving AverageJohn Spence • Tue, Sep 27, 2011 -
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Philly Sox Breaks Down HardBespoke Investment Group • Thu, Mar 10, 2011
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ETF Tax Efficiency Report Card: How Did Top Players Fare in 2010?Michael Johnston • Wed, Dec 22, 2010
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10 ETFs Taking a Deep DipStookle • Tue, Dec 14, 2010 -
iShares Semiconductor ETF Switches Ticker, Underlying IndexRon Rowland • Tue, Oct 19, 2010 -
iShares Semiconductor ETF Gets a MakeoverMichael Johnston • Thu, Sep 30, 2010
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There are no Focus articles on SOXS.
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Relative Strength Of SemiconductorsBespoke Investment Group • Thu, Nov 29, 2012
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10 Reasons Semi Sales Will Be Sub-Seasonal In Q1Paul Peterson • Mon, Dec 19, 2011
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Chip Sector M&A Headed For A SlowdownThe 451 Group: Inorganic Growth • Fri, Oct 14, 2011
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Semiconductor ETFs Lag Market, Stay Below 50-Day Moving AverageJohn Spence • Tue, Sep 27, 2011
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Philly Sox Breaks Down HardBespoke Investment Group • Thu, Mar 10, 2011
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ETF Tax Efficiency Report Card: How Did Top Players Fare in 2010?Michael Johnston • Wed, Dec 22, 2010
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10 ETFs Taking a Deep DipStookle • Tue, Dec 14, 2010
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iShares Semiconductor ETF Switches Ticker, Underlying IndexRon Rowland • Tue, Oct 19, 2010
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iShares Semiconductor ETF Gets a MakeoverMichael Johnston • Thu, Sep 30, 2010
There are no Transcripts on SOXS.
There are no News articles on SOXS.
SOXS vs. ETF Alternatives
SOXS Description
The Direxion Daily Semiconductor Bear 3x Shares seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the PHLX Semiconductor Sector Index ("Semiconductor Index"). There is no guarantee the fund will meet its stated investment objective.
See more details on sponsor's website
See more details on sponsor's website
Sector: Technology
Country: United States
Key Info
- In Your Portfolio: A Guide to Sector ETFs, Technology ETFs
- Asset Class Performance: Sectors
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, April 24, 12:28 PM Are wireless chip stocks decoupling from Apple? Even with Apple off slightly as bleak June quarter guidance outweighs fresh capital returns, iPhone/iPad combo chip supplier Broadcom (BRCM +6.6%) is surging thanks to a Q1 beat and strong Q2 guidance, and is helping out some peers - QCOM +1.4%, SWKS +2.6%, INVN +1.8%, SNDK +1%. During its earnings call, Broadcom, which also provides combo chips for many Samsung phones, stated mobile chip sales only fell 1.6% Q/Q in seasonally weak Q1, and forecast sequential growth for the business (Apple-dependent Cirrus Logic sure isn't doing the same). Qualcomm reports after the close. 4 Comments [Tech, Earnings, On the Move]
- Wednesday, April 17, 12:26 PM Chip stocks have a rough day (SOXX -2.8%) following Cirrus Logic's warning, light guidance from Linear Technology (LLTC -4.6%) to go with a Q1 beat - Linear sees 1%-4% Q/Q revenue growth for calendar Q2, below a 4.7% consensus - and ho-hum Q1 results/Q2 guidance from Intel. Apple suppliers Broadcom (BRCM -4%), Avago (AVGO -5.5%), STMicroelectronics (STM -6.7%), NXP (NXPI -7%), RF Micro (RFMD -2.8%), and OmniVision (OVTI -3.3%) are among the casualties, but they're far from alone. ANAD -6.2%. STM -5.7%. FSL -5%. ADI -4.5%. TXN -4.4%. Comment! [Tech, On the Move]
- Friday, February 22, 2:03 PM Chip stocks are outperforming (SOXX +2%) in the wake of Marvell's FQ4 beat and solid guidance, and Texas Instruments' dividend/buyback hike. Also norteworthy: 1) SEMI estimates the book-to-bill for North American chip equipment makers rose to 1.14 in January; that's up from 0.92 in December, and the first reading above 1 since May '12. 2) Taiwanese analog chipmakers posted strong January sales thanks to demand from LED and smartphone clients; the results could be a positive leading indicator. Comment! [Tech, On the Move]
- Friday, February 1, 1:34 PM Telecom chipmakers Cavium (CAVM +7.5%) and PMC-Sierra (PMCS +13.7%) soar after delivering Q4 beats (I, II), and contribute to a decent rally in chip stocks (SOXX +1.9%). Cavium guided on its Q4 call for Q1 revenue of $68.5M-$70.5M and EPS of $0.17-$0.19 vs. a consensus of $69.1M and $0.17. PMC guided on its call for Q1 revenue of $123M-$132M, largely above a $124.7M consensus. The numbers come amidst growing optimism (I, II) about 2013 telecom capex. Peers Broadcom (BRCM +2%), Marvell (MRVL +3.1%), and LSI (LSI +4.7%) are all doing well. Comment! [Tech, Earnings, On the Move]
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Thursday, January 17, 5:40 PM
After-hours top gainers, as of 5:15 p.m.: AM +9%. ARAY +4%. SOXS +3%. EGLE +3%. ONXX +2%.
After-hours top losers: COF -8%. TSRX -6%. PATH -5%. INTC -4%. MAKO -3%. Comment! [On the Move] - Thursday, January 17, 1:19 PM TSMC (TSM +2.5%) has hit levels last seen during the Dot.com bubble after delivering an in-line Q4 report (revenue was already known thanks to monthly reports) and guiding for a smaller Q/Q sales drop for seasonally weak Q1 than was expected. The world's top chip foundry claims 22% of Q4 wafer sales involved its cutting-edge 28nm process - TSMC struggled with 28nm yield issues earlier in 2012. Chip stocks are getting a lift from the report (SOXX +1.4%), and from ASML's guidance. Comment! [Tech, Earnings, On the Move]
- Wednesday, January 16, 2:19 PM Chip stocks are outperforming (SOXX +1.1%) in spite of receiving soft top-line numbers from Linear Tech (LLTC +1.4%): the chipmaker missed FQ2 revenue estimates and guided for FQ3 Q/Q revenue growth of 1%-4%, below a 5% consensus. S&P 500 chip companies are already expected to post a 28.7% Y/Y earnings drop for calendar Q4 (per Thomson Reuters), thus expectations are quite low. Intel (INTC +0.9%) reports tomorrow: the consensus revenue forecast of $13.51B is below the midpoint of the chip giant's $13.1B-$14.1B guidance range. Comment! [Tech, On the Move]
- Wednesday, January 2, 11:00 AM Chip stocks are outperforming (SOXX +3.4%) after the SIA reports global chip sales rose 8.5% Y/Y in November, albeit while falling 1.3% M/M. Though year-ago figures were depressed by an inventory correction and some were expecting a M/M increase, the sector has already priced in quite a bit of bad news. Equipment maker Lam Research (LRCX +5.5%) is one of the standouts after D.A. Davidson starts coverage with a Buy and $56 PT. Comment! [Tech, On the Move]
- Friday, December 21, 2012, 4:15 PM O2Micro (OIIM) warns it expects Q4 revenue of $16M-$17M, below prior guidance of $17M-$20M and a consensus of $18.6M. The company, no stranger to warnings, blames "broad-based weakness in demand in our end markets, coupled with lower than normal inventories being held in the supply chain." At least a few other chipmakers have similar problems. Shares are likely to fall after rising 8% in regular trading. (PR) Comment! [Tech, Earnings, On the Move]
- Tuesday, December 11, 2012, 12:48 PM Texas Instruments (TXN +3.8%) is up after providing a guidance update that's being received favorably in light of industry and company-specific issues. During its update call, TI noted the wireless processor/connectivity business it's exiting will post a Q4 loss on revenue of ~$200M, and that those sales should be gone by 2014. Computing, industrial, and telecom infrastructure chip demand is also weak, though console and e-reader demand is healthy - that last bit could be a positive for AMZN and BKS. Chip stocks are outperforming (SOXX +2%). (Audi deal) Comment! [Tech, On the Move]
- Friday, November 9, 2012, 10:34 AM Analog chipmakers Diodes (DIOD -7%) and Microsemi (MSCC -5%) are heading south following their Q3 reports (I, II). Though Diodes' Q4 revenue guidance ($160M-$167M vs. $164M consensus) was in-line, its gross margin forecast of 23%-27% is underwhelming, given the midpoint is below Q3's 26.2%. Microsemi is guiding for Q4 revenue of $262M-$268M and EPS of $0.57-$0.60, mostly below a consensus of $268.1M and $0.60. The chip industry remains mired in a slump. (Diodes PR) (Microsemi PR) Comment! [Tech, Earnings, On the Move]
- Wednesday, October 24, 2012, 2:53 PM While Facebook leads an Internet stock rally, chip stocks have sold off over the course of the day (SOXX -1.3%). Broadcom (BRCM -2.9%) and Altera's (ALTR -8%) guidance (I, II) is taking a toll, and the Street might also be concerned about the implications of EMC and Juniper's guidance. During its earnings call, Broadcom said it expected its networking/wireline infrastructure chip sales to be weak in Q4, due to both soft enterprise and service provider spending. Comment! [Tech, On the Move]
- Tuesday, October 23, 2012, 1:24 PM Chip stocks are outperforming a little following ARM's (ARMH +11.6%) pleasing Q3 report (I, II), in which the company reported a 16% Y/Y increase in Q2 unit shipments (from which Q3 royalties were derived). Beaten-down PC chip stocks are among the winners: AMD +3.8%. NVDA +2.9%. INTC +1.1%. Earlier today, AMD launched its Vishera desktop CPU line - AMD is counting on the 4 and 8-core CPUs, which are priced aggressively, to help reverse share losses to Intel's Ivy Bridge. Reviewers offer tempered praise. 2 Comments [Tech, On the Move]
- Tuesday, October 16, 2012, 2:54 PM In spite of warning of a calendar Q3 revenue shortfall, Microchip (MCHP +1.6%) is trading higher today. Moreover, in spite of Microchip's status as an industry bellwether, chip stocks are among the day's big winners (SOXX +2.1%). Chip stocks have underperformed the Nasdaq over the last month, leading some bad news to be priced in. Also, Jefferies' comments about iPhone 5 builds seem to be giving a lift to Apple suppliers. Comment! [Tech, On the Move]
- Monday, October 15, 2012, 5:16 PM Microchip (MCHP) -3% AH after warning it expects to report FQ2 (Sep. quarter) revenue of $407M-$408M, below a consensus of $420.3M. The microcontroller vendor, often seen as a bellwether for broader chip industry demand, blames "macroeconomic and industry conditions" in general. "The overall global economic outlook continues to be poor and is adversely impacting our business as well as the rest of the semiconductor industry." (also: I, II) Comment! [Tech, Earnings, On the Move]
- Wednesday, October 10, 2012, 9:48 AM Avnet (AVT -9.6%) tumbles to 52-week lows after warning it expects FQ1 (Sep. quarter) revenue of $5.85B and EPS of $0.52-$0.58, below a consensus of $6.06B and $0.83. The company blames the impact of delayed IT projects on its hardware distribution ops, and a "pronounced slowdown" in Americas sales for its chip distribution ops. Given Avenet's bellwether status for chip demand, which is already looking shaky, the warning is likely contributing to early weakness in chip stocks (SOXX -0.9%). Rival Arrow (ARW -6.2%) is also selling off. Comment! [Tech, Earnings, On the Move]
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Bill Maurer
So glad I sold $DUST soon after the bell. Would like to see $INTC rise tomorrow initially so I could buy $SOXS really low. - View all 0 replies
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Bill Maurer
Faded the rally with $SOXS this morning. Was down most of the 3X levered ETFs. Too much run in 2 days. - View all 0 replies
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Bill Maurer
If you don't believe this Europe nonsense, start buying those shorts. SOXS (I am long it), EDZ, TZA, TECS, etc. - View all 1 replies
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Bill Maurer
Took a $20 profit in ISRG. Bought SOXS. Not shorting S for now, but will have an article out on it later. - View all 2 replies
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LATEST REPLIES
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Bill Maurer
If you don't believe this Europe nonsense, start buying those shorts. SOXS (I am long it), EDZ, TZA, TECS, etc. - View all 1 replies
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Bill Maurer
Took a $20 profit in ISRG. Bought SOXS. Not shorting S for now, but will have an article out on it later. - View all 2 replies
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