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A Chart Pattern You Don't See Very Often. Super Micro

Here it is. Obviously something when wrong to drive the price of the stock down 30% in one day. This is a Friday chart. Might Monday morning bring a second wave of selling pressure? The company got messed up breaking U.S. export rules. The companies co-founder Wally Liaw, age 71 got arrested for helping Chinese customers getting Super Micro servers containing high - powered Nvidia artificial intelligence processors in violation of U.S. export-control laws. Now here are what this weeks $20.00 series of Calls are priced at going into Monday's morning. Might this event get shrugged off over the weekend? Who knows. Here is the answer, fifteen minutes into the Monday morning trading session. What do I know? Not much. I am suprised that the stock didn't open higher. This could be the second wave of panic selling. Now could be a good time to buy. To be continued. Now this at 10:52 a.m.. Not a bad trade if you're happy with a quick in and out. Opening mornings this strong a...
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Roku Jumped in Anticipation Of A Good Earnings Report

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Only to fall again. Look at this five and thirty day chart. ................................................... Yet thats only part of the story. Look at it's year to date chart. How bad was their earnings report? Do you think their pain and suffering is all now behind them? The stock is down 38% on the year. All I know is that they still seem to be making a pile of money. On a different note and in a different industry a stock named "First Solar" was stuck in neutral a few months back because interest rates where to seemingly high and companies in that industry were cutting back on the size and number of projects they were working on. Since that time and for whatever reason the stock in on fire. Both Boeing and Caterpillar also crashed last week on earning report releases. There seemed to be a hint of danger present in both companies releases. It's almost as if there was a domino effect. Next question? Why is Netflix gettng beat up? Look at it's chart. Is ...
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Caterpillar - It's First Quarter Earnings Report And Traders Are Staying Away. A Read Which Might Be A Good Reference Point Going Forward.

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Boeing rallied yesterday on the release of it's earnings report only then to tank. Caterpillar is tanking this morning in the premarkets. Let's begin with it's 5 day and 30 day chart. ... The world needs to be rebuilt and Caterpillar is there to help. It's growing, it's got a good reputation, it's not laying off employees and it's doing just fine. If it misses a beat on it's earnings report so what? Life goes on. Then there are those pesky analyst who are known to offer a convoluted spin on things. If you like Caterpillar just buy it on the dips and put it away. So the markets will be opening on the commentary by the companies C.E.O of "sales about flat". Phrasing it that way is a recipe for short term disaster. ..... The two printouts above show some of the early morning action in one Put series and in One Call series. What happened the next day? A slight rebound with next to no traders trying to capitalize on a rebound. What does this tell ...
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