Advanced Micro Devices AMD (AMD) shares are looking at some serious technical trouble. The stock is trading lower by 4% as the worst performing stock in the Nasdaq 100, but that’s the least of its worries. Three days ago, shares of the semiconductor company formed a bearish pattern when their 20-day moving average crossed below […]
Super Micro Computer
Three Stocks: Super Micro Computer, Tesla, and Krispy Kreme
Super Micro Computer Here we go again. Super Micro Computer (SMCI)’s shares are preparing for a breakthrough $1,100 on their way to our initial target of $1,250. The stock just experienced a 30% pullback from its recent highs, as traders took profits from a massive 80% rally. Consider this: That 80% rally occurred over an […]
Three Stocks: Super Micro Computer, AMD, and Tesla
Super Micro Computer Here we go! After a short spate of selling, shares of Super Micro Computer (SMCI) are on the run again after JPMorgan initiated coverage on the shares with an “Overweight” recommendation. The addition of JPMorgan to the Wall Street Analyst coverage of the stock represents the “Discovery” that I talk about in […]
40% Surge in a Month, Much Higher After That
The sale is on – and your “wealth window” is quickly closing. Super Micro Computer (SMCI) fell 9% yesterday… It’s down 2% this morning… And according to CJ, this is the last chance to buy at such a steep discount. Within a month, we could see a 40% bump. And once the company reports earnings […]
Three Stocks: Tesla, Alphabet, and Super Micro Computer
Tesla The Biden Administration can’t make up its mind… Just one month ago to the day (February 18), we saw headlines that the Biden Administration was considering delaying the switch to electric vehicles. The move was partially seen as political to allay fears the Detroit automakers and the unions were having. A month later, and […]
What Delaying Tax Cuts Means for the Dow Jones Industrial Average Today
The Dow Jones Industrial Average today is dropping again thanks to retail stocks and anxiety over Congress's tax plan…
Traders are losing patience with Congress over delays to the corporate tax cuts.