SOXS just printed a 96.5% spike with the VIX at 18.90. That has never happened

(tradeintelligent.substack.com)

3 points | by alizasl 4 hours ago ago

2 comments

  • rpaddock 4 hours ago ago

    "... SOXS is a 3x inverse fund tied to the semiconductor index. A 96.5% rise means the underlying index fell hard and fell fast. Damage of that scale ..."

    Could this be tied to the 7.1 Earthquake that hit Japan a few hours ago?

  • DivingForGold 3 hours ago ago

    In one word: LIQUIDITY