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Want to live trade the close with me today? Of course you do! Join me at 3 p.m. ET and let’s cover some great trade ideas during the last hour! Explosive Trades in SMCI, ELF — and a Live Trading Session Today Before we get into today’s massive trade, I’m going to do an open house and live trade the last hour today, and everyone’s invited! Just hit that link above this section and I’ll see you at 3 o’clock! As for today’s monster trade… it’s a familiar name for 2024… Supermicro Computer (SMCI). This beast of a stock has been on an absolute tear this year, up over 220% — which is about 50% more than Nvidia (NVDA), by the way… And with shares popping nearly 6% this morning, the big-money traders were back at it in this stock! We Saw This With AMD, UAL and CHWY… If you’ve been with me past month, you know we've been tracking down the "smart money" rotations. Basically, I keep a close eye on which industry groups are seeing big piles of cash flowing in from institutional investors. Because when an industry group gets flooded with cash, it can trigger some exciting momentum moves in the strongest stocks… Just like we saw two months ago in the semiconductor industry, with a 19% gain on AMD in just two days… Same thing happened last month in the travel industry, where we saw a 28% pop in United Airlines… Again just a few days ago, we saw the same rotation into the retail industry, and quickly took a 30% gain on Chewy in two days. Granted, there were smaller returns and trades that did not work out.. But, I'm noticing it happening again this week. I’m Also Covering…
Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators and scammers. You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx |
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