Monday, October 7, 2024

SMCI and Energy

 Since my portfolio is a bit conservative or defensive right now it is always nice to spice it up with a couple of trades. SMCI is showing some signs of life today. It has been a shorting stock since March and today they reported about shipment of GPU:s and liquid cooling products. I will watch the stock this week to see if a new trend is about to start. We have completed a couple of trades today. The trades were very good and the profit was between 10 and 20% each. KMI was one of them. A rising oil-price was positive for the share price. The Energy Sector has momentum and is near a confirmed uptrend. Below you see a chart of KMI:

KMI Daily chart



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