Community trust signal for r/stocks — not an endorsement. See all
$AAPL holding up relatively well today, currently around $297.19 despite the broader market choppiness. I'm watching the 300 level closely. A clear break and hold above could signal a push towards new highs, but if it rejects here again, we might see a retest of the low 290s. Volume has been average.
Interesting to see $SMCI up another 15%+ today. While the AI infrastructure narrative is strong, this kind of parabolic move always makes me cautious. Anyone seeing fundamental justification for this sustained pace, or is this primarily short covering and FOMO at this point? I closed my long position from a few weeks back into this strength.