iShares Semiconductor ETF (SOXX)

BofA’s Hartnett Warns Bullish Positioning Remains Entrenched Despite 5% Bond YieldsJune 13, 2026 7:00 AM
IH Market News Bank of America strategist Michael Hartnett believes investors remain heavily committed to risk assets despite long-dated bond yields reaching 5%, although he argues that several of the conditions that typically bring bull markets to an end are beginning to emerge. In his latest Flow Show report, Hartnett highlighted three developments that have historically punctured market booms and speculative bubbles: rising bond yields that increase the cost of capital, weakening leadership among market favourites, and political pressure arising from elections as voters push for stronger employment or lower inflation. “We’re getting there,” Hartnett wrote, “but for now asset allocation frozen bullish, positioned for late-cycle greed, not at all tempted by 5% yields at the long-end.” He also pointed to 1994 as a potential template for what could unfold in 2026. During that period, a prolonged phase of Federal Reserve easing and a jobless recovery came to an abrupt end after unexpectedly strong employment data forced policymakers into a series of aggressive rate hikes. Equity markets subsequently entered a lengthy period of consolidation and did not regain stability until bond yields stopped climbing following the Mexican peso crisis and the bankruptcy of Orange County later that year. Inflation and Labour Market Trends Raise Concerns Hartnett noted that U.S. consumer prices have increased by an average of 0.5% per month over the last six months, putting inflation on track to exceed 5% by the time midterm elections arrive. At the same time, the unemployment rate stands at 4.3%, only marginally above the latest CPI reading of 4.2%. According to Hartnett, periods in which unemployment and inflation move this closely together have historically coincided with phases of Federal Reserve tightening that investors have generally viewed unfavourably. Bull & Bear Indicator Extends Sell Signal Bank of America’s widely followed Bull & Bear Indicator rose slightly to 8.8 from 8.7, extending its sell signal for a fourth consecutive week. The move was driven primarily by continued inflows into technology-focused investments, which offset withdrawals from high-yield debt and emerging-market bond funds. Technology Funds Continue to Attract Capital For the week ended June 10, global equity funds attracted $31.5 billion of new money. Technology strategies accounted for a large share of that demand, drawing a record $12.3 billion. Among the biggest beneficiaries were the Direxion Daily S&P500 Bull 3X Shares ETF (AMEX:SOXL), which received $3 billion of inflows, and the iShares Semiconductor ETF (NASDAQ:SOXX), which attracted $2.9 billion. U.S. equities recorded their eleventh consecutive week of inflows, the longest streak since December 2025. Emerging-market equities also returned to favour, attracting $4.5 billion after eight straight weeks of outflows. South Korean stocks led the trend, drawing $5.9 billion, their strongest inflow since March. Investors Move Away From Crypto, Gold and Cash While equities continued to attract fresh capital, several alternative asset classes experienced notable outflows. Cryptocurrency investments recorded a record $6.6 billion of withdrawals over the past five weeks. Gold funds experienced their fourth consecutive week of outflows, losing $2.3 billion, while money market funds saw investors pull out $2.5 billion. The flow data suggests investors remain willing to embrace risk despite higher bond yields and growing concerns about inflation, supporting Hartnett’s view that market positioning remains firmly bullish even as warning signs begin to accumulate. Get stock prices from InvestorsHub Original: BofA’s Hartnett Warns Bullish Positioning Remains Entrenched Despite 5% Bond Yields

$HPQFF — Complete Product & Service Lineup
PUREVAP Quartz Reduction Reactor
HPQ’s flagship technology that converts raw quartz into high-purity silicon using a plasma-based, low-carbon process. It aims to replace traditional, energy-intensive silicon production with a cleaner, cheaper, and more efficient method.

PUREVAP Fumed Silica Reactor
A next-generation system that produces fumed silica directly from quartz in a single step. It eliminates the costly, multi-stage, high-emission methods used by the industry today.

Silicon-based Anode Materials for Lithium-ion Batteries
Engineered silicon powders and composites designed to boost battery capacity and performance. Developed with Novacium, these materials target EVs, energy storage systems, and consumer electronics.

Hydrogen-on-Demand Generation Systems
A chemical-based system that produces high-pressure hydrogen instantly when needed, without compressors or external energy input. Built around silicon-derived materials and designed for portable, safe hydrogen generation.

Black Aluminum Dross Recycling Technology
A process that transforms aluminum smelter waste into valuable industrial materials. It reduces environmental impact while recovering usable resources from a hazardous by-product.

Specialty Silicon and Silica Derivatives
A range of advanced silicon-based materials, including high-purity silicon powders and specialty silica products for industrial, chemical, and manufacturing applications.

Green Industrial Process Development
HPQ’s broader service offering: developing proprietary, low-carbon industrial technologies focused on silicon, silica, hydrogen, and recycling. This includes engineering, process design, and intellectual-property development. $SOXX $HPQFF

I don't own any SOXX, but I have the related SOXY, which I have held for six months. With yet another big pop today, I'm now up 49%!!

I have compared SOXX to my SMH and even FSELX and they are all close. FSELX appears to lag a bit, but that is misleading, as it has had a large one time cap gains distribution each of the last two years, which has bumped my actual returns up a bit higher than SMH. (I've held each for about 20 months. Besides a couple gold and silver ETF's/funds ( hold five), the three all rank at or near the top for the last 1 and 3 years, and at the top, pretty much, over the last five years. (IIRC)

$SOXX $HPQFF ⚡🏭 $HPQFF: The High-Purity Quartz Gigafactory Play for the Solar, Semiconductor, and Energy Supercycle
Most traders have no idea how strategically important high-purity quartz (HPQ) is — or how rare it is. HPQ is the backbone of:

Solar panels

Semiconductors

EV components

Fiber optics

High-temperature industrial tech

Advanced energy systems

And $HPQFF is one of the few companies developing next-generation HPQ production technology capable of supplying these explosive global markets.

This isn’t a mining story.
This is a materials-technology gigafactory story — and the market hasn’t caught up yet.

🔋 Why High-Purity Quartz Is the “Lithium of the Solar Age”
HPQ is essential for:

Solar-grade silicon

Semiconductor wafers

Microchips

AI hardware

EV power electronics

High-efficiency photovoltaic cells

Demand is surging because:

Solar installations are hitting record highs

AI chips require ultra-pure materials

EVs need more silicon-based components

Global manufacturing is reshoring

Energy security is becoming a national priority

HPQ is a critical mineral, and supply is extremely limited.

That’s where $HPQFF comes in.

🏗️ $HPQFF Is Building the Blueprint for HPQ Gigafactory-Style Production
Traditional HPQ production is slow, expensive, and geographically constrained.
$HPQFF is developing proprietary purification and transformation technologies designed to:

Produce ultra-pure quartz at scale

Reduce energy consumption

Lower production costs

Increase purity levels

Automate the refining process

Enable modular, gigafactory-style expansion

This is the future of critical-mineral manufacturing — scalable, repeatable, high-purity output.

Exactly what solar, semiconductor, and EV companies need.

🌍 The Energy Transition Needs HPQ — And $HPQFF Is Positioned to Supply It
Solar is exploding.
Semiconductors are reshoring.
AI hardware demand is going vertical.
EV adoption is accelerating.
Grid modernization is underway.

All of these require high-purity quartz.

$HPQFF is aligned with:

Solar gigafactories

Semiconductor fabs

AI chip foundries

EV component manufacturers

Energy-storage innovators

Fiber-optic infrastructure expansion

This is a multi-sector megatrend, and HPQ is at the center of it.

🧪 $HPQFF’s Technology Advantage Is Its Moat
$HPQFF isn’t just digging quartz out of the ground — it’s developing advanced purification tech that could:

Disrupt traditional HPQ supply chains

Reduce dependence on limited global deposits

Enable domestic production

Lower costs for solar and semiconductor manufacturers

Create a scalable, modular production model

This is the kind of innovation that turns a small-cap into a strategic supplier.

🔥 Why $HPQFF Trades Like a Deep-Value Critical-Minerals Play With Massive Upside
Here’s the setup:

HPQ demand is skyrocketing

Supply is extremely limited

Solar and semiconductor gigafactories need new suppliers

AI hardware requires ultra-pure materials

$HPQFF is developing scalable purification tech

The stock trades like a micro-cap despite global relevance

This is asymmetric upside — tiny market cap, massive potential.

🚀 The Bull Case: $HPQFF Is a Future HPQ Gigafactory Supplier for the Solar & Semiconductor Boom
$HPQFF has:

Proprietary HPQ purification technology

Alignment with solar, semiconductor, and AI megatrends

A scalable, modular production model

A critical-mineral product the world desperately needs

A valuation far below its long-term potential

Exposure to the clean-energy supercycle

Strategic relevance in a world reshoring manufacturing

This isn’t a simple mining stock.
It’s a next-generation materials-technology company positioned to supply the most important industries of the next decade.

$HPQFF is a sleeping giant in the critical-minerals space — and the market hasn’t woken up yet. $SOXX

https://www.nvidia.com/en-us/self-driving-cars/partners/nio/ $SOXX

SOXX: effective March 7,2024 a 3 for one forward split:

https://hedgefollow.com/upcoming-stock-splits.php

Precious Metals Gold & Silver Jumps. Precious Metals are used in Semiconductors Fed signals rate cuts are coming in 2024 $SOXX

$SOXX: Jan-2022 $200 puts......... I see value here


At $20.30


Far outta the money.


Getting in.




GO $SOXX

up 2.16% today, likely to continue to outperform