Chip stocks seem to have finally found a bottom and MU looks particularly interesting.
When the Russell has been the strongest index, markets have kept going.
Rarely in my scans do I find a company with this type of history.
The VIX is super anemic, and we have a whole host of earnings to hang a hat on.
I like this trade given all the extra earnings to come out and how tired the VIX is acting.
These are where my focus is until we see correlation wane.
We could be setting up for a nice rally in the S&P 500.
We could see the stock well above $130 by the end of the year.
It's another day to go shopping for some long-term calls on great names.
MSC Industrial Direct is one, of many, value stocks that look great right now.