YOLO Rears Its Ugly Head In The Stock Market, Bitcoin Hits $65K Target, OPEC+ Extends Production Cuts
To gain an edge, this is what you need to know today. YOLO In The Stock MarketPlease click here for an enlarged version of the chart of Super Micro Computer Inc (NASDAQ: SMCI). Note the following: This article is about the big picture, not an individual stock. The chart of SMCI is being used to illustrate the point.The chart shows SMCI stock ran up on its addition to the S&P 500.The chart shows SMCI stock is attempting to break out.The chart shows the huge run up in SMCI stock this year.RSI on the chart shows that SMCI is not overbought, meaning there is more upside potential.SMCI has become a…