Teaches gambling on stocks thread

This week is going to be interesting as the election unfolds.  Here is a quote from an article on etrade that I don't think you can read unless you have access.

The gist of the article is that Buffet is sitting on a large pile of cash and warning investors that this week could be very volatile.  SMCI reports earnings tomorrow and that could be sort of crazy.

With the polls tightening over the weekend, the one certain thing this week will be the uncertainty -- particularly if the wait for a result drags on.

As if a tightly contested election wasn't enough, this week contains a Federal Reserve rate decision and a raft of earnings. The Fed is expected to cut rates by a quarter-point Thursday, but commentary around what happens in December will be of more interest.

Super Micro Computer will have tech investors on red alert when it reports earnings Tuesday after the stock tumbled last week, while a potential stimulus package from China could also land in the days ahead -- with implications for companies exposed to the world's second-largest economy.

That's a lot for markets to digest and regardless of what happens it's going to be a bumpy ride.
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BigRedBuster said:
This week is going to be interesting as the election unfolds.  Here is a quote from an article on etrade that I don't think you can read unless you have access.

The gist of the article is that Buffet is sitting on a large pile of cash and warning investors that this week could be very volatile.  SMCI reports earnings tomorrow and that could be sort of crazy.
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Yeah, tomorrow will make or break SMCI.  

I am going for it all and bought some more calls today.  

 
BigRedBuster said:
I'm sticking with my original investment that I'm down 50% on and riding out to see what happens.
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Nooo!  Come on!  Join in the (misery) fun!

Honestly though, none of it makes sense.  

Tomorrow we are either finding out that SCMI is Enron...or we are finding out that it is a 75 dollar stock. 

The CEO of SCMI just bought 10,000 more shares.

Good lord, 20% of the servers that NVDA uses are SMCI!

 
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