🟢 SOXL is trading 6.5% up today as in-line CPI supports broad risk-on rebound

SOXL is trading 6.5% up at $121.69 after August CPI reportedly matched forecasts, easing immediate fears of an upside inflation surprise.

• Major indexes are advancing more than 0.5%, while semiconductor shares recently participated in broad sector rallies.
• The move appears macro- and sector-driven rather than company-specific; SOXL’s 3x daily leverage amplifies semiconductor-stock gains.
• Elevated Treasury yields and oil prices above $100 remain risks.