AI SOXX Forecast + Trading Strategies


Bullish Case: The semiconductor sector remains strong, driven by AI investments and expected Federal Reserve easing, suggesting upward price momentum for SOXX as market demand increases.


Bearish Case: Potential economic instability and persistent inflation risks may dampen semiconductor demand, leading to increased volatility and price declines for SOXX in the near future.


Potential Outcomes:

1. 60% chance SOXX sees a moderate upward price trend.

2. 30% chance of volatility spikes affecting premiums.

3. 10% chance unforeseen events lead to significant market shifts.


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August 20, 2024


BTC iShares PHLX Semicond Forecast

SOXX      BTC iShares PHLX Semicond











Correlated Assets

Assets that tend to move strongly with SOXX



IGV Forecast + Options Trading Strategies   IGV  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector (0.95)


IYT Forecast + Options Trading Strategies   IYT  BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation (0.87)


CNXC Forecast + Options Trading Strategies   CNXC  Concentrix (0.85)


BA Forecast + Options Trading Strategies   BA  Boeing (0.83)


ERY Forecast + Options Trading Strategies   ERY  Direxion Daily Energy Bear 2X Shares (0.81)



Uncorrelated Assets

Assets with little price relationship to SOXX



ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (0.0)


CSGP Forecast + Options Trading Strategies   CSGP  Costar Group (-0.0)


DPST Forecast + Options Trading Strategies   DPST  Direxion Daily Regional Banks Bull 3X Shares (-0.0)


PSA Forecast + Options Trading Strategies   PSA  Public Storage (0.0)


CPA Forecast + Options Trading Strategies   CPA  Copa (0.0)



Anticorrelated Assets

Assets that tend to move strongly against SOXX



IMO Forecast + Options Trading Strategies   IMO  Imperial Oil (-0.77)


FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (-0.78)


SWBI Forecast + Options Trading Strategies   SWBI  Smith & Wesson Brands (-0.8)


SU Forecast + Options Trading Strategies   SU  Suncor Energy (-0.8)


PPTA Forecast + Options Trading Strategies   PPTA  Perpetua Resources (-0.82)


SOXX News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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