Super Micro Computer Inc (SMCI) Options

SMCI seems to have survived the Chucky

interview that he did yesterday...

A major feat in itself...

SMCI needs a spokesperson, IMHO...

So we watch...LJ

Is the bear starting to growl? Beginning to feel that way. SMCI holding up quite well. Recognizing fung's earlier point about testing $33, could happen, if a total market collapse similar to spring 2020 occurs and continues for 6+ months. SMCI might be able to buck the downward trend otherwise. GLTA

Slowly chucking away into the 40. Beautiful day with the market being down again.

Looking very good.

This is a great article and a great read.

https://www.usbank.com/investing/financial-perspectives/market-news/how-presidential-elections-affect-the-stock-market.html

Futures are bouncing around a little, I doubt we will have any serious upside move. Tariffs are here to stay, it is not a negotiating tactic at all. He is a man with a mission to bring down the global economy to its knees.

SMCI is anti-tariff company, a Low Margin Seller

that has forced Dell, HPE, and others

to lower their prices in tech sector...

Building U.S. Jobs in 2024 selling for less

than others with high cost company set ups...

Wall Street sicked their Shorting Hoodlums on

SMCI to try and drive up the internal company

costs to aid the higher cost tier companies...

SMCI still needs shareholder support...

https://www.supermicro.com/en/solutions/data-management


Battling Shorting Hoodlums on Wall Street

isn't new to SMCI...

Hundred million or more of short shares want

to see the SMCI share price drop...

SMCI shareholders strictly oppose that motion...


so we watch...LJ

Futures are bloody red again. Oh well!!! Facts of life with the looming recession heading this way.

https://finance.yahoo.com

Waiting for the bottom, at this rate, I hope it doesn't fall into the teens by August. Back in 2006, I saw Apple drop from the high 70 dollars to the 5 dollars and change in mere 6 months time frame and that was Apple. I hope the current situation doesn't get any worse than the financial crisis of the mid 2000's. Japan is asking Trump for exemption from Tarrifs and if he proceeds, all heck is going to break loose.

I don't understand bonds, nor do I care, I just see things as they are with my own two eyes, sometimes I even don't believe my right or left eye, it has to be two eyes at the same time witnessing everything and let it register in my brain. In plain lame mans terms, it is dog eat, dog eat environment now.

Meh. In Laymen's terms, China buys our Treasury bonds. It's not nefarious, they do it because the US dollar was most stable.

Compliments of a good friend.

https://www.youtube.com/shorts/Fn-V7uKw6_A

Dog eat World we are living in now.

We are definitely in dire economic times, I saw it with my own two eyes and I still see it. Not because of how the market is doing but because I see it.

Of course it is, everyone wants to score perfect, but no one can predict the top or the bottom in today's environment we are in. The writing was on the wall, since just a month ago, probably even before then.

Yes, I have heard about the bees, for the last 20 plus years, nothing new and that could happen. I was at Vons not too long ago, after I shopped I went to get in my car and even took a video and posted it to my son, kid you not, I saw probably over 100,000 bees or more swarming in one area of the parking lot, I had a eerie feeling something is was not right and still feel that way. Scary times for sure.

I get it, but no matter how much cash I have, losing a small car per day is painful.

Cash is king fung, as you know, that is why having cash on the side to wither this meltdown, it is going to get a lot worse.

I don't think people consider how many foods are made with eggs.
BTW, I heard today that if all bees were gone, the human race could only survive for 4 months.
Start building your shelter today!

Yes they are and I'm currently down just in my one trading account about $27,500 today. Sure glad I sold off some stuff recently, but kicking myself for buying some back already.
I'm not sure how you predict a bottom when you don't know what's coming tomorrow.
My dinner bill last night taking my kids out was $332.

All the support on the indexes have been annihilated. Short the chit of the S & P and QQQ.

Prices are ridiculously high, went to breakfast with my sister, 150 dollar tab with tip for two people.

All I know is you are a clever individual and all I know is this market was due for a heavy beating and it won't stop here, a lot more down days heading this way with a little bounce here and there.

Mmmmmmmm...chocolate soufflés!
Chickens reproduce pretty quickly. I'd imagine a 4 month issue.
Don't eat your eggs raw!

I would argue that regarding supply & demand, the import of eggs would hardly result in a decline in pricing, and still be a contributing factor, even though existing tariffs may not be cited. Come Easter, there may be only chocolate eggs

Maybe sooner than later. Come Easter, there may be only chocolate eggs

It may eventually, but its not the reason for the current price increase.

I have no interest in trying to decipher one's politics. I've read some very dumb stuff around here regarding the topic.
Again, silly for you to not just say "I could have been clearer" as opposed to chastising me for not reading your mind.
Is this really the hill you want to do battle on?

Tariffs may indeed impact egg prices, since: According to data from the U.S. Department of Agriculture, Canada accounted for around 42 per cent of all foreign eggs sent to the United States in 2023, the last year for which data is available.

I have admitted to my mistakes and yes on this board too, but I can't make you read my mind when I write things and I am not here to spell everything out for you, either you think I have an ounce of brain or you don't think so, if you think I have an ounce of brain then you should be able to read between the lines.

Or...maybe you write like it?
Two different people had the same take based on exactly what you wrote. If you can't express yourself clearly, perhaps you shouldn't blame the readers.

I guess I can just start assuming what you mean to say, but I'm sure you'd prefer that even less.
Never ceases to amaze me how IHUBbers would rather attack an individual than clarify their mistakes.

Doing quite well today compared to the rest of the market!

Maybe, who knows, I still have my puts on SPY all the way out to the end of August, that is my hedge, If they drop it to the teens to 24 dollars I will add more. No more calls on SMCI, just shares.

You read like you are still in elementary school.

Ummmmm, yeah. Ya kind'a did. You wrote a post about the negatives of tariffs and included this.....

Regardless how you look at things, it is detrimental to the economy, 20 dollars for organic eggs is outrageously high.

P.S. this sure looks like the week SMCI hits the $32's

I never said Eggs are due to tariffs.

I agree with you on much of this, but Trump didn't cause egg prices to rise. Bird Flu did.

1996-1997 H5N1 bird flu viruses first detected
In 1996, highly pathogenic avian influenza H5N1 virus is first identified in domestic waterfowl in Southern China. The virus is named A/goose/Guangdong/1/1996.


When was the bird flu outbreak in the US?
The very first human case of bird flu was detected back in 2022 when a poultry worker in Colorado reported conjunctivitis. That person recovered easily and human cases were not reported again until 2024.

When I was in the Galapagos Islands a couple of years ago, they had to kill all the chickens due to bird flu.

Interesting. So you think there is a meeting between all the billionaires where they agree to this, or are you saying they are smarter investors?
That's quite a conspiracy theory.
China penalizing Canada is concerning though

Yeah, no one know what is going to happen, one day up, next minute down, we are not going to have a huge drop one day unless there is terrorist attack, the way this is panning out is slowly it will bleed once people start looking at the ripple effect, cars, lumber and some things in the mix, plus you add to that already market that is overextended.

I know that already. Price of eggs is the combination of bird flu, inflation and everything else in between, but Tariffs will have ripple effect regardless.

Price of eggs are completely unrelated to tarifs!!! Just do some dd

Nasdaq futures already recovered over 100 points. Maybe tomorrow will be down 300+ or maybe it will be green at the open. We’ll see what happens.

Here is another positive contrarian. It's up to whoever believes whatever. Only your eyes and your pocket book tells you what is taking place.

https://finance.yahoo.com/news/chaos-creates-opportunities-wall-street-pros-weigh-in-on-market-sell-off-under-trumps-tariff-war-150003507.html

Are you telling me, you are smarter than Warren Buffet or 1100 economist that said Tariffs that like the kind Trump is alluding to it's not the right thing to do? There has always been Tariffs, I remember back in the 70's my father would travel to Dubai from Iran and he would bring back cases of Johnnie Black Scotch and he had to pay 20% tariffs on them. Regardless how you look at things, it is detrimental to the economy, 20 dollars for organic eggs is outrageously high. This kind of economy will not sustain itself, been around long enough to know, there is a 10 year cycle, 10 years of prosperity, 2-4 years hardship and then the cycle repeats again for another 10 years.

Yes, tariff reciprocity will be the end or things. I think we’ll see other countries coming around. Of course the market might take a hit but that’s because traders freak out and come unglued.

Calm down, folks.By 9:28 tomorrow morning we’ll be green.

<< tariffs will cause massive selloff in the market in the coming days and months and probably years >>

Biden did tariffs in 2024.

Canada does tariffs.

Mexico does tariffs.

China does tariffs.

Pretty much every country does tariffs.

When they do tariffs it is OK, but now it seems that tariffs will create the end of the world. LOL.

All the indexes lost their support. It's down from here, prepare yourselves for another 20-30% drop from here.

https://finance.yahoo.com

Welcome to looming recession of the likes of which could be similar or worse than 2008 crisis ( I had to use the lying clown in Chief motto) maybe even worse created the same lunatic. Remember as they said, "Be careful for what you wish for". I am all for cutting jobs and red tape bureaucracy, I am all for illegal immigrants being sent bank especially the criminals, but this ridiculous tariffs will cause massive selloff in the market in the coming days and months and probably years. He needs to stop this madness. Clown in Chief has lost it I believe, he lies, lies and lies, I mean they all do, but this lying clown in Chief lies in your face, knowing all well everything coming out of his mouth is by far from the truth.

Step One: Announce Tariffs, stock market drops

Step two: Billionaires short stocks

Step Three: After a few months roll back Tariffs and Billionaires start buying lots of stocks and the stock market rebounds

And this how they get richer.

You just have be real careful and have enough funds to buy the bottom. Starting 4th quarter of this year. Be prepared, it's only going to get worse. Housing prices are going to sky rocket. China just placed tariffs on Canada too. I guess you can call this a real Trade War, since they don't want to use their military and let the consumers suffer around the World. Clown in chief started this nonsense BS.