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Friday, February 16, 2024

Super Micro Meltdown As 3rd Leg Of Market Melt-Up Stool Breaks

 After its 250% rally over the past 21 trading days, Super Micro (SMCI) is... umm... red!

It's been up 18 of those 21 days with the biggest daily decline being 0.6%, so this is notable. SMCI is back below $900 (from $1080 highs)

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