SMCI - I wonder if this getting smashed now was part of a larger plan or just blind squirrels kind of luck?  A lot of people have been basing their bullish outlook on a broadening market and IWM breaking out. If SMCI was still in this week, the IWM chart would be broken and that thesis would have to be thrown out. Moving it to the S&P before it corrected could be a good strategy for both indexes.  Especially since I don't think many people cheering on IWM realize that most of this years performance is linked to SMCI alone.

The move probably also gamed a lot of algorithms that look for confirmation across indexes.