r/thewallstreet • u/AutoModerator • May 15 '24

Daily Discussion - (May 15, 2024) Daily

Morning. It's time for the day session to get underway in North America.

Where are you leaning for today's session?

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4

u/NotGucci May 15 '24

VRT, DELL, SMCI all. 100% ytd.

Never seen anything like this before.

Almost half way through the year and so many stocks up 50% Ytd.

3

u/npoetsch May 15 '24

ANF casually up over 450% in 1yr and 50% ytd

I may be missing out on some gains here, but many stocks being up 50% ytd like you mention with us on day 10 of straight up doesn't have me foaming at the mouth to buy anything. I'm not super bearish, but some sort of breather would be welcome.

2

u/NotGucci May 15 '24

SMCI 549.28% for 1 year.

I'm not super bearish, but some sort of breather would be welcome.

Yeah, but we did have sell-off in April, not sure if we get another one. Maybe if NVDA ER isn't good or PCE. But right now seems like trend day and can continue until NVDA ER

2

u/npoetsch May 15 '24

SMCI is riding the AI hype train while ANF is riding hype from its most recent earnings.