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SMCI Right Triangle

SMCI Right Triangle

Image Source: PexelsI’ve been yammering on and on about SMCI as a terrific short for weeks, and today we get this news: BREAKING: Super Micro Computer stock, $SMCI, crashes over 8% after Hindenburg research accuses company of accounting manipulation. Hindenburg claims that their 3-month investigation uncovered accounting red flags. They are now short of the stock which is down over 50% from its… pic.twitter.com/aX0jY3umSw […]
Super Micro Shares Plunge 8% After Hindenburg Shorts, Claims “Fresh Evidence” Of Accounting Manipulation

Super Micro Shares Plunge 8% After Hindenburg Shorts, Claims “Fresh Evidence” Of Accounting Manipulation

Image Source: PexelsShort seller Hindenburg Research, known most recently for its long-running feud with Adani Enterprises, set its sights on a well known American target today: Super Micro Computer (SMCI).Heading into the cash open, shares are lower by about 8%. In a report released on its website Tuesday morning, the short seller alleged that the semiconductor/server company, which […]
Nasdaq applies to trade Bitcoin index options, awaits SEC green light

Nasdaq applies to trade Bitcoin index options, awaits SEC green light

Key Takeaways Nasdaq plans to introduce Bitcoin index options pending SEC approval. The options are based on the CME CF Bitcoin Real-Time Index. Share this article Nasdaq has filed with the SEC to list and trade Bitcoin Index Options, seeking to provide institutions and traders with a new method to hedge their Bitcoin exposure.The proposed […]
Stocks To Watch Today: PODD, SMCI, And PAYC

Stocks To Watch Today: PODD, SMCI, And PAYC

Image Source: UnsplashWall Street saw mixed movements on Monday as investors reacted to major news affecting several notable stocks. Insulet Corporation (PODD) surged on FDA approval for its diabetes treatment device, while Super Micro Computer (SMCI) faced pressure from a short-seller report. Meanwhile, Paycom Software (PAYC) saw insider selling activity. Insulet Corporation (PODD) Stock Surges After FDA Clearance  Shares […]
Elliott Wave Technical Analysis: Natural Gas – Tuesday, Aug. 27

Elliott Wave Technical Analysis: Natural Gas – Tuesday, Aug. 27

Natural Gas Elliott Wave Analysis: A Deeper Decline ExpectedNatural Gas saw a brief recovery in early August but is now showing signs of continuing its downtrend, with the potential to reach new August lows. The ongoing decline, which began in June 2024, is likely to extend toward the Q1 2024 low between 1.5 and 1.6. If this trend plays out, […]
Coinbase, Blockdaemon, and industry leaders introduce NORS certification for Ethereum node operators

Coinbase, Blockdaemon, and industry leaders introduce NORS certification for Ethereum node operators

Key Takeaways NORS certification introduces enterprise-grade standards to Ethereum staking. The certification covers key security aspects like slashing prevention and private key management. Share this article A group of crypto leaders, including Alluvial, Blockdaemon, Chainproof, Coinbase, DV Labs, Eigen Labs, Figment, Galaxy Digital, Nexus Mutual, and others, announced today the launch of the Node Operator […]
Tuesday Talk: Perils Of Telegramming

Tuesday Talk: Perils Of Telegramming

The arrest of Telegram CEO Pavel Durov has been seen by many as an assault on free speech, but the French authorities are holding Durov for things quite serious and most likely criminal, in the name of free speech. Many Russian and Ukranian citizens are upset as they use it as a primary source of […]
Analytical Overview Of The Main Currency Pairs – Tuesday, Aug. 27

Analytical Overview Of The Main Currency Pairs – Tuesday, Aug. 27

Image Source: Pexels  The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.1184 Prev Close: 1.1161 % chg. over the last day: -0.20 % Growing geopolitical risks in the Middle East supported the demand for the dollar yesterday. The strengthening of the dollar put pressure on the euro. Weak German economic data was also a negative factor […]
The Energy Report: Shock Therapy

The Energy Report: Shock Therapy

Image Source: Pixabay  Oil prices seemed shocked that a real oil supply disruption could raise prices while Exxon Mobil is warning of a coming oil shock unless the world ups its investments in fossil fuels. Risk of oil shortages and risks of war rising and falling are dominating the oil trade.The Libyan supply disruption was a […]
Sensex Today Ends 14 Points Higher; Nifty Holds 25,000

Sensex Today Ends 14 Points Higher; Nifty Holds 25,000

After opening the day on the flat, Indian benchmark indices stayed muted as the session progressed but ended the day flat.Benchmark equity indices ended Tuesday’s trading session on a flat note.At the closing bell, the BSE Sensex stood higher by 14 points.Meanwhile, the NSE Nifty closed higher by 7 points.HDFC Life, Bajaj Finserv, and Maruti Suzuki are among the top […]