SMCI nosedive cos today's press release regarding an upcoming announcement lacked substantive guidance, focusing primarily on the announcement date itself. This omission is said to have disappointed some investors who were anticipating a positive pre-announcement. The absence of such guidance in this instance may have triggered uncertainty and disappointment among investors, prompting a reactionary sell-off and contributing to the decline in SMCI's stock price. The reaction to today's news highlights the sensitivity of market sentiment within the semiconductor industry. As SMCI prepares for its forthcoming announcement, it is crucial for market participants to closely monitor any further developments or indications that could impact the company's outlook and future performance. Ahead of SM
@ZEROHERO:I opened $SMCI 20240503 750.0 PUT$ ,Sell put at support for 2 week’s expiration right before earnings.
Iran’s Military Response Will Be ‘Immediate And At A Maximum Level’ 🩸
$SPDR S&P 500 ETF Trust(SPY)$ Iran’s response if Israel takes any further military action against it would be “immediate and at a maximum level,” Foreign Minister Hossein Amir-Abdollahian told CNN Thursday, as fears rise of an escalation of the conflict in the Middle East. “In case the Israeli regime embarks on adventurism again and takes action against the interests of Iran, the next response from us will be immediate and at a maximum level,” Amir-Abdollahian told CNN’s Erin Burnett in an exclusive interview in New York. His remarks come in the wake of an unprecedented Iranian attack on Israel last week that Tehran said was retaliation for a deadly suspected Israeli airstrike on Iran’s consulate
The hotter-than-expected consumer inflation data for March reported last week has the implied forecast via Fed funds futures indicating that interest rate cuts are unlikely in the months ahead. The the implied probability is heavily skewed toward no rate cuts for the next two FOMC meetings in May and June. For the September policy meeting, the current forecast is too close to call and is a coin toss in terms of guesstimating. ⚠️ Trading tips: looking at QQQ puts under 429.86 and calls above 431.91 on Tuesday. The housing data at 8:30am, the rising Middle East tension and Jerome Powell will speak at 1:15 pm to move the market. Retrace before another plunge? Two key questions hang over the outlook for rate cuts. First, is the hawkish reaction to last week's consumer inflation data for April