SMART MONEY SELLS MOMO CROWD’S FAVORITE AI STOCK, BANK OF JAPAN RESCUES THE U.S. STOCK MARKET
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
BOJ Saves The U.S. Stock Market
Please click here for a chart of Super Micro Computer stock (SMCI).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of SMCI stock is being used to illustrate the point.
- SMCI is a favorite AI stock of the momo crowd.
- The momo crowd was eagerly awaiting SMCI earnings, hoping it would run up back to over $1000 and take the rest of the AI stocks much higher along with it.
August 7, 2024