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Not In This Market: Where We Went Wrong With Super Micro Computer

Benzinga ·  Aug 15 03:18
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That Didn't Work

When U.S. markets fell on Monday, in the wake of the Nikkei's record point drop, we (my subscribers and I) placed a few bullish trades in the Portfolio Armor trading Substack. One of them was onSuper Micro Computer, Inc.(NASDAQ:SMCI), as I wrote about in a post here at the time (There Goes Tokyo).

There Goes Tokyo

One of the trades we placed during Monday's market meltdown. $SMCI pic.twitter.com/yr5I2h2dKH

— Portfolio Armor (@PortfolioArmor) August 5, 2024

Let's look at why we...

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