Just in case equity bulls didn’t’ have enough good news, Super Micro (SMCI) announced after the close on Monday, and it did not disappoint:
Super Duper Micro
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Gain So Far: 163,800%
Yep, Nvidia. That’s then return on the stock. At this point, why not be a billion bucks a share?
Remember, you can always psychologically torture yourself on the Woulda Shoulda Coulda page, which can tell you, for instance, a mere $10,000 in NVDA would be worth about $17 million now.
Up, Up, Away, and Up Again
From the Halloween bottom to now, the S&P has gone up over 800 points, and the Dow and S&P are approaching enormous Big Round Numbers (40,000 for the Dow and 5,000 for the S&P). It’s kind of like watching a person gain 5 pounds every day. After a while, it just gets kinda gross.
Mornings Don’t Matter
This is happening every single day. Every. Single. Day. We start off completely red. Then the buying starts at the opening bell. And it doesn’t stop until everything is green. Color me annoyed.
Explosive
Until this morning, the bears were toast. At the end of the day, they were burnt toast. 2023 has been an absolute wreck for the bears and an unchecked bonanza for the bulls. Witness today alone, as the US dollar plunged following the FOMC.
