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Chip Stocks are still some of the hottest trades in the market right now. We saw another one SMASH their earnings expectations… Supermicro Computer (Ticker Symbol: SMCI) released its latest earnings report after the close back in Jan... The following day, the stock was trading nearly $60 higher… Now, I’m assuming most people missed this move. But anyone using the News Flow Scanner may have seen it coming. I can say that with 100% confidence because SMCI flashed inside the scanner five times the afternoon before this move. It’s not hard to see that Wall Street was betting that the stock would perform well on earnings. And that’s what’s happening today on a handful of other stocks… I just shared a few of my potential targets, and the strategy I plan to use with the legendary Jack Carter. Spoiler alert, it has to do with the names that continuously show up inside my scanner… If you’d like to see what we’re up to, follow this link here. |
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